The Bank of Canada on Wednesday trimmed its key interest rate by 25 basis points for the second month in a row, bringing it to 4.5 per cent, and said more reductions in borrowing costs were likely if inflation continued to cool in line with forecasts.
Bank of Canada cuts rates, sees weaker economy in 2024
Bunge, Viterra $34 bln deal heading for conditional EU nod, source says
U.S. grains merchant Bunge and Glencore-backed Viterra's $34 billion merger deal is heading towards conditional EU antitrust approval, a person with direct knowledge of the matter said on Wednesday.
U.S. livestock: Technical trading sends CME livestock futures higher
Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, with cattle futures continuing to firm amid signals that cash market prices may ease, market analysts said.
U.S. grains: Soybeans, corn touch two-week highs on short-covering, weather
The price rally in Chicago Board of Trade (CBOT) corn futures extended into a second day on Tuesday, with the most-active contract Cv1 reaching a two-week high, as traders began to focus on weather-related impacts on the U.S. crop and short-covering, market analysts said.
US targets nitrous oxide in new phase of climate strategy
The Biden administration on Tuesday announced it would seek to curb U.S. emissions of powerful industrial greenhouse gases such as nitrous oxide as it enters a new phase in the national strategy to fight climate change under the Paris agreement.
US, Canadian pot firms eye Germany for growth as market stagnates at home
North American cannabis firms, facing prohibitive laws, an overcrowded market and a deeply entrenched illicit sector at home are ramping up investments in Germany after the country partly legalized marijuana use.
U.S. grains: Soybeans rebound as market unwinds some of its ‘Trump trade’
Chicago Board of Trade soybean futures jumped on Monday on a flurry of short covering, with prices rebounding from last week's 2020 lows as traders re-evaluated the U.S. political landscape after U.S. President Joe Biden abandoned his reelection bid on Sunday.
U.S. livestock: Livestock futures turn higher on technical trading
Chicago Mercantile Exchange (CME) cattle futures ended higher on Monday on technical trading, and as futures prices continued to hover well below the cash market levels, analysts said.
JBS supplies tallow, lard for sustainable aviation fuel
Brazilian meatpacker JBS is supplying tallow and lard from its international operations for production of renewable aviation fuels, and it is studying a similar initiative in Brazil through the Friboi brand, the company said on Monday.
U.S. livestock: Cattle futures end mixed; traders question slowed slaughter pace
Chicago Mercantile Exchange (CME) nearby live cattle futures ended higher on Friday, amid technical trading ahead of a monthly government cattle supply report, analysts said.
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