Many of British Columbia’s dairy producers can expect to have to dump raw milk for the near future as highways and other roads are rendered impassable. The B.C. Milk Marketing Board on Tuesday said milk won’t be picked up until further notice in several areas where roads are closed and/or trucks can’t enter the Lower […] Read more
Road closures mean disposal for B.C. milk
Dairy farmers in Kootenays can still move milk east to Alberta
Pulse weekly outlook: India’s rabi season underway
MarketsFarm — Farmers in India are in the process of planting their next pulse crops, with good monsoon rains and high prices setting the stage for solid production. India has two major growing seasons, kharif and rabi, with the major pulses grown in the rabi season. Planting for rabi crops typically begins in November, after […] Read more
U.S. grains: CBOT wheat down off nine-year high
Chicago corn, soybeans also weak
Chicago | Reuters — U.S. wheat futures fell on Tuesday on a profit-taking setback, with the benchmark Chicago Board of Trade soft red winter wheat contract sagging 1.9 per cent from the nine-year high it hit on Monday. Corn and soybean futures also were lower, but the declines were kept in check by signs of […] Read more
U.S. livestock: CME lean hogs up, cattle weak
Chicago | Reuters — CME Group lean hog futures rallied on Tuesday, supported by fund buying and expectations that supplies will begin to tighten in the coming weeks, traders said. Live cattle futures eased slightly for the second day in a row as the market waited for fresh bullish inputs before driving prices above the […] Read more
B.C. rains shut CN, CP mainlines and Highways 1, 7
Repairs already underway, CN says
The effects of rainstorms pelting southern British Columbia’s Interior have reached into the Prairies by effectively cutting off grain traffic to Vancouver. Canadian National Railway said Tuesday that heavy rainfalls in the region have led to mudslides and washouts on its network. Crews are inspecting affected areas and “carrying out repairs which are critical to […] Read more
Klassen: Feeder market continues downward slide
Prairies' snowstorm leads to risk discount
Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe […] Read more
Severe B.C. rainstorms spur landslides, shut roads
Ottawa | Reuters — Canadian helicopters carried out multiple missions on Monday to rescue hundreds of people trapped in their vehicles on a highway after huge rainstorms sparked landslides in British Columbia. The rainstorms that started on Sunday triggered landslides, shut roads, prompted the evacuation of an entire community, forced an oil pipeline to close […] Read more
Loblaw parent Weston sells cookie and cone business
'Ambient' bakery plants include Kitchener site
The parent company for Canadian grocery and retail giant Loblaw is stepping the rest of the way out of the baked goods business. George Weston Ltd. said Monday it has signed a deal to sell its Weston Foods “ambient” bakery business — which produces cookies and crackers, along with cones and wafers for ice cream […] Read more
U.S. livestock: CME cattle firm, cash cattle supportive
Heavier slaughters weigh on hog futures
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Monday, supported by tighter supplies of market-ready cattle that propped up cash prices last week, traders said. “In theory, the feedlots have a little more leverage, because there’s fewer cattle available for the packer to buy,” said Alan Brugler, president of Brugler Marketing. […] Read more
Tim Hortons parent to buy Firehouse Subs as other brands drag
Chain's comparable year-to-date sales up 20 per cent against pre-pandemic levels
Reuters — Tim Hortons parent Restaurant Brands International said Monday it will buy sandwich chain Firehouse Subs for US$1 billion, at a time when its popular brands are struggling due to increased competition from rivals launching new menu items. Analysts have said fried chicken sandwich pioneer Popeyes, owned by RBI, has been hurt by McDonald’s […] Read more
Canadian Cattlemen Presents: Depth of Field
