Canada's retail sales shrank by 1.1 per cent in May as consumers curtailed car purchases and spent less at supermarkets, convenience stores and on alcohol, data showed on Thursday.
Canada’s retail sales shrink as tariffs bite, June expected to improve
Food and beverage saw declines, led declines in beer, wine and liquor sales and declining convenience store transations
Chinese government pledges hog capacity control to stabilize prices
China soymeal futures fall as government pledges to reduce soymeal use in animal feed
Chinese authorities have pledged to rein in hog production and reduce soymeal use in animal feed to stabilize hog prices.
U.S. livestock: CME cattle futures hit new contract highs as supplies tighten
Chicago Mercantile Exchange live and feeder cattle futures rallied to fresh contract highs on Wednesday, as tight supplies and strong cash market prices continued to send future contracts surging, market analysts said.
U.S. grains: Wheat futures dip; corn falls for third straight session
Chicago Board of Trade wheat futures fell on Wednesday amid signs of profit-taking and reports of ample global supplies, which are outweighing concerns over smaller Russian crop estimates, market analysts said.
U.S. Republicans continue push to override California animal welfare law
Proposition 12 has potential to affect Canadian hog farmers who frequently sell into the U.S. market
U.S. Republicans are continuing years-long effort to override a California's Proposition 12, which bans the sale of pork from pigs kept in tightly confined spaces, arguing in a House Agriculture Committee hearing that the law is overly burdensome to farmers.
U.S. grains: Corn, soybeans extend losses as Midwest weather looks crop-friendly
Chicago Board of Trade corn futures extended session losses on Tuesday, weighed down by forecasts for crop-friendly rain in U.S. grain belts this week.
U.S. livestock: Feeder cattle hit fresh peaks on shrinking supplies, strong cash prices
Chicago Mercantile Exchange cattle futures continued to rally on Tuesday, with feeder contracts setting new all-time highs, as U.S. cash prices remained firm and domestic supplies of replacement animals continued to shrink, market analysts said.
France’s wheat harvest rises 30 per cent but falls short of past average levels, Argus says
This year’s soft wheat crop in France, the European Union’s biggest producer, is expected to rise to 33.40 million metric tons, up 30 per cent from a rain-hit harvest last year, Argus Media said on Tuesday.
In South Korea’s ‘apple county’, farmers beg not to be sacrificed for US trade deal
South Korean apple farmers, who account for about a third of the roughly 14,000 households in the sleepy rural area of Cheongsong county, worry that their way of life could be under threat from an influx of cheap U.S. imports.
U.S. grains: Corn, soybeans fall as rain expected to help U.S. crops
Chicago corn and soybean futures fell on Monday on forecasts for crop-friendly rain in U.S. grain belts this week.
Cyber-Savvy Farmer
