Washington | Reuters –– U.S. Trade Representative Michael Froman said on Thursday a Pacific trade agreement can be wrapped up in months and urged lawmakers to quickly move ahead with […] Read more
Markets/Business
U.S. hopes to wrap up Pacific trade deal, fast-track soon
CWB sees global grain crops falling back from records
Geneva | Reuters — The world’s wheat crop will shed three per cent this year to 703.4 million tonnes from last year’s record, but it will still remain above the […] Read more
Oats market cold in Western Canada
CNS Canada –– The oats market in Western Canada has gone cold, with little heat expected until closer to spring seeding. “The basis is the thermometer, and right now oats […] Read more
CNH to cut, lay off staff in Saskatoon
Under pressure from “market conditions,” farm equipment giant CNH plans both job cuts and layoffs at its Flexi-Coil seeding and tillage equipment plant in Saskatoon. CNH Industrial said in a […] Read more
Raitt won’t tell railways where to ship grain for now
Ottawa | Reuters — The Canadian government will not, for now, start telling railways where to ship farmers’ grain but it will decide within days whether to extend its requirements […] Read more
U.S. grains: Wheat drops on forecast, corn hits three-week high
Chicago | Reuters –– U.S. wheat fell for the third straight session on Wednesday, pressured by technical selling and forecasts for rains needed in the parched southern U.S. Plains growing […] Read more
U.S. livestock: CME live cattle pare early losses after beef price hike
Chicago | Reuters –– Chicago Mercantile Exchange live cattle fell on Wednesday for the first time in seven days as investors took profits, but sharply higher wholesale beef values minimized […] Read more
Kraft to combine with Heinz in deal led by 3G, Buffett
Reuters — Ketchup maker H.J. Heinz, owned by 3G Capital and Warren Buffett’s Berkshire Hathaway, is acquiring a majority stake in Kraft Foods Group to create the third-largest North American […] Read more
Klassen: Stronger demand lifts feeder cattle prices
Western Canada’s feeder cattle prices were quite volatile over the past week, experiencing various surges on firm momentum from seven days earlier. In southeastern Saskatchewan and Manitoba, calves under 650 […] Read more
Olymel to lay off Que. hog plant staff, cancel hog orders
Quebec pork and poultry packer Olymel has cancelled hog orders from Ontario and plans to lay off non-union staff at one of its hog slaughter plants next week, citing “force […] Read more
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