Paris | Reuters — Agricultural machinery maker Claas said Thursday it expects difficulties in securing semiconductor chips to persist for the first half of next year, which could curb a surge in profits linked to booming farm demand. An upturn in orders from farmers, who are benefiting from high crop prices after several lean years, […] Read more
Claas sees more semiconductor chip snags in 2022
'It's going to be a tough next six months'
U.S. grains: CBOT wheat nears two-month low
Corn declines; soy ends firm
Chicago | Reuters — U.S. wheat futures fell nearly four per cent on Wednesday and European wheat fell three per cent as a bumper Australian harvest and signs of continued competition from Black Sea supplies added to technical pressure, traders and analysts said. Corn followed wheat lower while soybean futures ended modestly higher after monthly […] Read more
Spy agency sees ransomware attacks soaring
Aggressive hacking expected to increase
Ottawa | Reuters — Global ransomware attacks increased by 151 per cent in the first half of 2021 compared with 2020 and hackers are set to become increasingly aggressive, Canada’s signals intelligence agency said on Monday. The Communications Security Establishment (CSE), citing attacks on North American health facilities and a U.S. pipeline, said the scale […] Read more
CNH buys software house NX9 to bolster ag business
Milan | Reuters — CNH Industrial has bought software engineering firm NX9, it said on Thursday, in a further step to boost digital innovation in its agricultural division as it prepares to spin off its truck, bus and engine operations. U.S.-based NX9 is a small software house specializing in so-called ‘ISOBUS’ technology for agricultural equipment, […] Read more
CN rerouting trains, aims to re-open line to Vancouver on weekend
Reuters — Canadian National Railway (CN) said Wednesday it was aiming to reopen its track in the crucial Kamloops-to-Vancouver corridor in flood-hit British Columbia this weekend. The Pacific province, trying to rebuild after devastating floods in November, received more rain over the weekend and this week. CN operates one of the two critical rail lines […] Read more
British Columbia braces for more heavy rain
Ottawa | Reuters — British Columbia is facing more heavy rains as the province tries to recover from massive floods and mudslides, Public Safety Minister Mike Farnworth told reporters on Tuesday. Farnworth said crews were working to shore up dikes and dams, adding some roads would be closed protectively. Flooding over Nov. 14-16 in Canada’s […] Read more
B.C. extends fuel restrictions following flooding
Agricultural and farm-use vehicles exempted as 'essential'
Reuters — Government officials in British Columbia on Monday extended restrictions on the use of fuel by residents, saying it was needed for emergency vehicles as the region recovers from devastating floods. The order, first issued on Nov. 19, limits vehicles deemed “non-essential” by the government to 30 litres of gasoline or diesel fuel per […] Read more
U.S. livestock: Cattle futures up for third straight day
December, February hogs lower
Chicago | Reuters — CME Group cattle futures rose for a third day in a row on Friday, with the front-month live cattle contract hitting a fresh 4-1/2-year high on strong cash markets and rising slaughter numbers. Hog futures were weaker on technical selling. CME’s most-active February live cattle contract gained 0.45 cent to 137.7 […] Read more
U.S. livestock: Cash, export markets lift CME live cattle
December hogs lower, February up
Chicago | Reuters — CME Group cattle futures rose on Thursday, with the front-month live cattle contract hitting its highest since June 2017 on support from strength in the cash markets. Rising overseas demand also lent support cattle futures after the U.S. Agriculture Department said that weekly beef export sales totaled 30,000 tonnes, the most […] Read more
U.S. livestock: CME lean hogs fall, live cattle firm
Chicago | Reuters — CME lean hog futures fell on Wednesday, hit by profit-taking after rallying in the previous session, traders said. Live cattle futures were firm but gains were kept in check as the market consolidated near the 4-1/2-year highs hit earlier in the week. CME December lean hogs fell 1.55 cents to 76.175 […] Read more
Canadian Cattlemen Presents: Depth of Field
