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Nutrien’s potash mine near Rocanville, Sask. (Nutrien.com)
Crops, Markets, Reuters

Nutrien to further bump up potash output

'Continued tightening' in market cited as potash producer Belarus sanctioned

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Winnipeg | Reuters — Canadian fertilizer producer Nutrien said Monday it would boost its 2021 potash output by 500,000 tonnes, after the European Union and others imposed new trade sanctions on Belarus. Nutrien’s increase takes its potash sales outlook this year to a record-high range of 13.3 million to 13.8 million tonnes, and follows a […] Read more
(LIVINUS/iStock/Getty Images)
General, Markets, Reuters

Businesses, U.S. legislators fume as Canada extends travel ban

Trudeau stands firm on ban's extension

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Ottawa | Reuters — Canada is extending a ban on nonessential travel with the United States and the rest of the world until July 21, officials said on Friday, prompting frustration from businesses and U.S. legislators. Canada is under pressure from companies and the tourism industry to ease the ban, which was imposed in March […] Read more
Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Livestock, Machinery, Reuters

JBS says it paid US$11 million in bitcoin for ransom

Cyberattack disrupted plants in North America, Australia

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Reuters — Meatpacker JBS USA paid a ransom equivalent to US$11 million (C$13.3 million) following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in a statement Wednesday. The subsidiary of Brazilian firm JBS halted cattle slaughtering at all of its U.S. plants and its Alberta beef plant for a […] Read more
(Photo courtesy Canary Seed Development Commission of Saskatchewan)
Crops

Canary seed gains official ‘grain’ status

New regulations to take effect Aug. 1

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MarketsFarm — No longer just for the birds, canary seed will soon gain official status under the Canada Grain Act, the Canadian Grain Commission (CGC) announced Wednesday. Following stakeholder consultations and calls from producers the CGC is implementing regulatory changes for the crop effective Aug. 1. The move to official status was good news to […] Read more
(Canada Border Services Agency video screengrab)
General, Reuters

Canada taking first step toward lifting border restrictions

U.S. border restrictions still in place until at least June 21

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Ottawa | Reuters — Canada on Wednesday took a cautious first step toward easing COVID-19 border restrictions, saying it was prepared to relax quarantine protocols for fully vaccinated citizens returning home starting in early July. Canada’s air and land borders have allowed for only essential travel since March of last year, and Canadians coming home […] Read more
CBOT July 2021 soybeans (candlesticks) with 20-day moving average (dark green line) and ICE July 2021 canola (yellow line). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Midwest forecast supports gains in soy, corn

CBOT wheat up, MGEX wheat down

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Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday after a government report showed that the condition of crops was worse than expected as a heat wave hit the U.S. Midwest. “Yesterday’s Crop Progress report provided plenty of fodder for the bulls,” Matt Zeller, director of market information at StoneX, said in […] Read more
Green lentils. (Savany/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: India’s tariff elimination has little effect on Canada

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MarketsFarm — A temporary elimination of some import duties on three pulses currently has little effect on Canada, according to Mac Ross, director of market access and trade policy for Pulse Canada. Earlier in mid-May, the Indian government ordered the suspension of tariffs on pigeon peas, mung beans and urad/black gram lentils until Oct. 31. […] Read more
Video screengrab featuring an office at the JBS beef plant at Brooks, Alta. (JBS video via YouTube)
Livestock, Reuters

JBS Canada plant up and running after cyberattack

Brooks beef plant has 'resumed production'

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Meat packer JBS’s major beef slaughter plant in Alberta went back to work Tuesday following a cyberattack reported to have downed several of the company’s operations in North America and Australia. JBS USA, the unit overseeing the Brazilian firm’s Canadian operations, and JBS-owned chicken unit Pilgrim’s Pride both reported “significant progress in resolving the cyberattack […] Read more
File photo of a container vessel being unloaded at a U.K. port. (Sterling750/iStock/Getty Images)
General, Markets, Reuters

Trans-Pacific trade partners agree for U.K. to start joining process

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Tokyo | Reuters — Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday officially agreed to allow the United Kingdom to start the process of joining the pact, Japan’s economy minister said. Japanese Economy Minister Yasutoshi Nishimura told reporters he welcomed the start of Britain’s joining process after hosting an […] Read more
(JBSFoodCanada.ca)
Livestock, Machinery, Reuters

Ransomware attack on JBS halts Canadian, U.S. slaughter

Cyberattack likely from Russia, White House says

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Chicago/Aboard Air Force One | Reuters — Brazil’s JBS SA told the U.S. government that a ransomware attack on the company that has disrupted meat production in North America and Australia originated from a criminal organization likely based in Russia, the White House said on Tuesday. JBS is the world’s largest meatpacker and the cyberattack […] Read more

Canadian Cattlemen Presents: Depth of Field

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