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European Commission President Jean-Claude Juncker — shown here at right with Prime Minister Justin Trudeau last November — has taken the EU’s free trade pact with Canada off the fast track by allowing each EU member nation’s parliament to ratify the deal. (PM.gc.ca)
Dairy Cattle, Livestock, Markets, Poultry/Eggs, Reuters

EU bows to pressure, gives member parliaments say in Canada trade deal

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Brussels | Reuters –– The European Commission bowed to pressure to give Europe’s parliaments the right to ratify a landmark free-trade deal with Canada, a decision meant to address public concerns but which could wreck Europe’s broader trade strategy. In the face of popular suspicion about secretive trade deals benefiting big companies, Commission President Jean-Claude […] Read more
(Giuseppe Carotenuto photo courtesy FAO)
General, Markets, Reuters

Food commodity prices seen stable over next decade

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Paris | Reuters –– Higher agricultural productivity and slightly larger crop areas in the coming decade will cover rises in food demand, leading to stable prices and a period of more restrained agricultural markets, the FAO and OECD said Monday. In their annual Agricultural Outlook report, the Food and Agriculture Organization and the Organisation for […] Read more
(CIA.gov)
Livestock, Markets

Loonie tanks post-Brexit, but benefits minimal for farmers

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CNS Canada — The Canadian dollar slipped after Britain voted Thursday to leave the European Union, a trend which one financial analyst expects to continue in an otherwise uncertain environment. But the loonie hasn’t fallen far enough to bring support to Canadian commodity markets. “Short-term, we’re going to be dealing with the day-to-day volatility and […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Reuters

Canada dilutes plan to limit temporary foreign workers

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Ottawa | Reuters — Canada’s Liberal government on Thursday watered down measures to limit the number of low-wage temporary foreign workers firms can hire after complaints the restrictions would cause major labour shortages. Under rules introduced by the previous Conservative administration, the number of low-skilled foreign workers a firm could employ would have dropped to […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Livestock, Markets

Lower feed costs weigh on supply-managed goods

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CNS Canada –– Relatively soft feed grain prices over the past year mean producers of supply-managed commodities, such as milk and eggs, have also received lower prices for their products. Such is the interpretation of industry participants accounting for declines in the latest Farm Price Index data released by Statistics Canada. The livestock and animal […] Read more
(Giuseppe Carotenuto photo courtesy FAO)
General, Markets, Reuters

World food markets set for stable year: FAO

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Rome | Reuters — Global food commodity markets are likely to remain stable in the coming year, the United Nations’ food agency said on Thursday, even as prices rose for the fourth straight month. Solid output prospects and abundant stocks should keep prices and supplies stable, while lower prices than those seen last year are […] Read more
Livestock, Reuters

U.S. sees first case of bacteria resistant to last-resort antibiotic

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Reuters — U.S. health officials on Thursday reported the first case in the country of a patient with an infection resistant to a last-resort antibiotic, and expressed grave concern that the superbug could pose serious danger for routine infections if it spreads. “We risk being in a post-antibiotic world,” said Thomas Frieden, director of the […] Read more

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