South America's agricultural sector, a key source of global food, celebrated on Friday as the regional Mercosur bloc and the European Union struck a free trade agreement, though farmers said they wanted to see the small print of the deal.
South American farmers hail Mercosur-EU deal, wary of fine print
Mexico doing all it can to protect trade agreement with US, Canada, official says
Mexico is doing everything it can to protect a regional trade agreement with the U.S. and Canada, the Latin American nation's deputy economy minister said in an interview published on Friday.
US issues order mandating bird flu testing of milk supply
Virus has infected nearly half of California's 1,100 dairy farms
The U.S. issued a federal order on Friday mandating that the national milk supply be tested for bird flu, Agriculture Secretary Tom Vilsack told Reuters, as authorities seek to grapple with rapid spread of the virus among dairy herds.
Canada’s jobless rate jumps to 6.8 per cent; bets up for 50 bps rate cut next week
Canada's unemployment rate rose more than expected to 6.8 per cent in November, a near-eight-year high excluding the pandemic years, even as the economy added a net 50,500 jobs, data showed on Friday, boosting chances of a large interest rate cut next week.
EU and South America strike trade deal set to hit pushback in Europe
The European Union and South America's Mercosur bloc struck an agreement on a long-delayed free trade deal on Friday which now faces a tortuous battle for approval in Europe, where there is stiff opposition from France. After negotiations spanning over 20 years, and five years on from an initial deal, European Commission President Ursula von der Leyen and her Mercosur counterparts announced an agreement had been reached in the Uruguayan capital Montevideo.
Police prevent Indian Punjabi farmers marching to Delhi to demand better prices
Indian police used tear gas and pepper spray against dozens of farmers who began marching from Punjab state along a key highway to Delhi on Friday to demand better prices for their crops.
World food prices reach 19-month high in November, UN says
The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months on the back of surging vegetable oil prices, data showed on Friday.
U.S. livestock: Cattle futures drop on profit taking, weaker beef values
Chicago Mercantile Exchange live and feeder cattle futures fell for a second consecutive day on Thursday, pressured by technical selling and profit taking following recent highs, and as wholesale beef prices fell, analysts said.
U.S. grains: Soybeans rise in vegoils rally after Canada cuts canola crop
U.S. soybean futures firmed on Thursday, led by strong gains in soyoil as a smaller-than-anticipated canola harvest outlook in Canada stoked worries about tightening global vegetable oil supplies.
Soy traders push to weaken ban on buying from deforested Amazon
Multinational grains traders operating in Brazil are seeking to weaken an agreement that forbids buying soybeans from farms on deforested land in the Amazon rainforest, environmental advocates involved in the discussions said on Wednesday
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