The Bank of Canada in Ottawa. (Video screengrab from BankofCanada.ca)

Bank of Canada interest rate cut to give some borrowers relief

Effects on financial markets likely to be muted says FCC economist

The Bank of Canada trimmed its key policy rate on Wednesday to 4.75 per cent from a 23-year high of five per cent. Inflation is now running at 2.7 per cent, above the central bank's two per cent target, but down from a high of 8.1 per cent in June 2022, Reuters reported.


 Photo: Thinkstock

Issues loom over hog farmers as they gather in Des Moines

Prop 12, bird flu, farm bill top of mind at this year's World Pork Expo

North America's hog industry is grappling with multiple issues these days, but is presently feeling better than some of the other livestock industries. That doesn't mean that everything's great, but not yet having to deal with avian flu infections is keeping hog farmers in a cautiously optimistic mood about their challenges.



The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018.
 Photo: REUTERS/Brendan McDermid

ADM says its head of global supply leaving company

Camille Batiste, Archer-Daniels-Midland's senior vice president of global supply chain and procurement and a member of its executive council, is leaving the company next month, according to an internal email seen by Reuters on Tuesday and later confirmed by ADM.

New Cattle Young Leaders, B.C./Yukon OYFs named

NewsMakers from the June 2024 issue of Canadian Cattlemen

Canadian Cattle Young Leaders  Karlene Yakenchuck is part of a fourth-generation mixed farming operation, Scattered Spruce Salers. She and her husband James raise purebred Salers and cash crops alongside her husband’s family. Yakemchuk holds a diploma and degree in environmental science from Lakeland College and the University of Alberta. She’s also a professional agrologist and […] Read more



Charles Gracey

Beef industry bids farewell to Charlie Gracey

[UPDATED: June 7, 2024] The beef industry has lost one of its most influential industry builders and analysts. Charlie Gracey succumbed to a heart attack in late May. Charles Gracey was born to Edith (née Down) and Garfield Gracey in 1935 and grew up in Curries, Ont. His interest in the livestock industry was sparked […] Read more


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