Washington | Reuters — U.S. President Joe Biden on Friday signed an executive order creating an emergency board to help resolve disputes between major freight rail carriers and their unions, in a move that could help loosen up some supply chain constraints. The order came ahead of a deadline next week to intervene in nationwide […] Read more
Biden steps in to help end freight rail labour disputes
Disputes dragging at BNSF, Union Pacific
Denmark’s Royal Unibrew to buy Toronto’s Amsterdam Brewery
Brewer seeks new capacity in North America
Corrected, July 18 — Copenhagen | Reuters –– Danish brewer and beverage maker Royal Unibrew will acquire Toronto craft brewer Amsterdam Brewery in a deal valued at around 250 million Danish crowns (C$44 million), Royal Unibrew said in a statement on Friday. “The acquisition we are doing today is very important for the future growth […] Read more
U.S. livestock: Cattle futures weaken on profit-taking
Hogs fall on technical setback
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Thursday on a round of profit-taking after three straight days of gains, traders said. Signs of weakness in the cash market also weighed on cattle futures. The front-month feeder cattle contract was setting back from its highest since November 2015. Hog futures fell on […] Read more
U.S. livestock: CME feeder cattle rally to highest since November 2015
August live cattle, lean hogs also up
Chicago | Reuters — Chicago Mercantile exchange cattle futures extended gains on Wednesday on follow-through technical buying after rallying in the previous two sessions. Tight supplies remained in focus as the front-month feeder cattle contract hit its highest on a continuous basis since November 2015. “Big picture, the U.S. Agriculture Department still has sharply reduced […] Read more
Marcos vows to boost Philippines’ grains output
New president/ag min aims to avert food crisis
Manila | Reuters — Philippine President Ferdinand Marcos Jr. vowed Monday to do what it takes to boost his country’s rice and corn production, seeking to reduce reliance on imports and avoid being hit hard by a food crisis now looming across the world. Marcos, who was sworn in as president last week and has […] Read more
CUSMA leaders to discuss agreement during Mexico visit
Mexico City | Reuters — U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau will discuss terms of the Canada-U.S.-Mexico (CUSMA) agreement, which was ratified in 2018, during a visit to Mexico, Mexican President Andres Manuel Lopez Obrador said Monday. “We’ll have a summit to discuss terms of the trade agreement treaty… in Mexico,” […] Read more
Turkish team to discuss Black Sea grain corridor in Russia this week
Turkey proposes to monitor safe passage
Ankara | Reuters — Ankara’s military delegation will travel to Russia this week to discuss details of a possible safe sea corridor in the Black Sea to export Ukrainian grain, Turkish presidency sources said on Tuesday. Russia’s TASS agency confirmed plans for the talks, citing Kremlin spokesman Dmitry Peskov. Russia’s Feb. 24 invasion of Ukraine […] Read more
Cargill plans to close U.K. rapeseed crush plant
Fewer U.K. farmers growing crop
London | Reuters — Cargill plans to close its rapeseed crush facility in Hull, eastern England, the global commodities trader said Tuesday. The mill, which Cargill has been operating since 1985, has the capacity to crush 750 tonnes of seed a day to produce 420 tonnes of rapeseed meal and 323 tonnes of crude rapeseed […] Read more
U.S. livestock: Cattle, hog futures fall as corn prices rise
Supply outlook also a concern
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, pressured by ample supplies and concerns about feed costs due to high corn prices, traders said. Hog futures were also weak. U.S. beef processors on Monday slaughtered an estimated 125,000 cattle, up from 117,000 a year ago, the U.S. Department of Agriculture […] Read more
Ukraine not ready to export grain via Belarus, Zelenskiy says
Kyiv | Reuters — Ukraine is not ready to agree to a plan to export its grain by rail across Belarus for shipment via the Baltic Sea to bypass Russia’s blockade of its Black Sea ports, President Volodymyr Zelenskiy said on Monday. Zelenskiy told a news conference in the capital Kyiv that there could be […] Read more
Canadian Cattlemen Presents: Depth of Field
