CME August 2019 live cattle with Bollinger bands (20,2) and 50-day moving average in purple. (Barchart)

U.S. livestock: Live cattle rise as Japan drops U.S. beef import curbs

Chicago | Reuters — U.S. live cattle futures on the Chicago Mercantile Exchange (CME) closed higher on Friday, buoyed by news that Japan will eliminate long-held restrictions on U.S. beef imports, traders said. The agreement reopens full beef trade after Japan in 2003 banned U.S. beef over concerns about bovine spongiform encephalopathy (BSE), which roiled […] Read more






Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)

Japan resumes Canadian wheat purchases

Tokyo | Reuters — Japan’s agriculture ministry said Friday it had resumed purchases of Canadian wheat after testing showed no imports that reached the country included grain containing a genetically modified trait discovered in Alberta last summer. Japan’s agriculture ministry said it was seeking to buy 62,957 tonnes of food-quality Canada Western Red Spring (CWRS, […] Read more



Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)

Wheat shipment halt seen as temporary

Wheat sales are expected to soon resume to Japan and South Korea. Both nations suspended Canadian wheat imports following the June 15 announcement that Canada had discovered several genetically modified (GM) wheat plants in southern Alberta. But both are expected to come back to the market shortly, while exports to others won’t be affected, according […] Read more



(Jack Dykinga photo courtesy ARS/USDA)

Japan suspends sale of Canadian wheat

Tokyo/Winnipeg | Reuters — Japan’s farm ministry said Friday it has suspended its tender and sale of wheat from Canada after grain containing a genetically modified trait was discovered last summer in Alberta. The Canadian Food Inspection Agency (CFIA) said Thursday the wheat containing a genetically modified trait, developed by Monsanto to tolerate Roundup herbicide, […] Read more