A helicopter dumps water on a forest fire in the Okanagan Valley, British Columbia.

Canada forecasts hotter-than-average summer as peak wildfire season nears

Reuters – Canada is expecting a hotter-than-usual summer with slightly below-average precipitation in central Canada, government officials said on Tuesday, offering little relief from ongoing drought and the risk of another bad wildfire season. Last year, Canada experienced its worst-ever fire season, with more than 6,600 blazes burning 15 million hectares, an area roughly seven […] Read more


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U.S. livestock: Supply concerns drive CME live cattle to new contract high

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher and reached a new contract high on Wednesday amid concerns about tightening U.S. supplies, brokers said. Strong recent gains have left the market technically overbought and due for a setback, brokers said. “We’ve had a nice rally here,” said Matt Wiegand, commodity broker […] Read more




The logo and trading info for Corteva Agriscience displayed on the New York Stock Exchange in New York.  Photo: Reuters/Brendan McDermid

Corteva raises forecast as demand for seeds, crop protection products booms

Bengaluru | Reuters – Corteva Inc CTVA.N on Thursday raised its full-year sales and profit forecasts as the crop protection products maker benefits from surging demand from farmers looking to cash in on higher prices since the Ukraine war. The company, which reported a 14 percent jump in second-quarter operating earnings, also unveiled plans to exit some […] Read more






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As grain prices fall, food prices to ease first in developing world -U.S. official

Sao Paulo | Reuters – Seth Meyer, chief economist at the United States Department of Agriculture, said on Tuesday weaker commodities prices will take longer to ease food inflation in the United States than in the developing world. Some of the world’s poorest nations were hardest hit by a spike in corn and wheat prices after Russia’s […] Read more