Canada and South Korea are having “tremendous discussions” toward a free-trade agreement, said Canada’s Agriculture Minister Gerry Ritz — a deal that could increase trade in meat and autos. Talks […] Read more
Markets/Business
Canada, Korea in ‘tremendous’ free trade talks: Ritz
Klassen: Feeder cattle continue to climb
Western Canadian feeder cattle prices were $5 to $8 per hundredweight (cwt) higher on average, compared to seven days earlier, and are a solid $15/cwt higher relative to average values […] Read more
Taiwan soon to allow Canadian UTM bone-in beef: reports
Taiwan’s economic affairs ministry has announced plans to allow imports of bone-in beef products from Canadian cattle under 30 months old (UTMs), starting as early as next month, Taiwanese media […] Read more
Russia halts Australia beef byproduct imports over drug
Russia is temporarily banning the import of beef byproducts from Australia, citing the detection in shipments of a growth stimulant it prohibits and throwing into doubt exports that brought in […] Read more
Cheerios maker not taking all products GM-free
General Mills still supports genetically modified (GM) technology, despite the food company’s move to market Cheerios as free of GM ingredients, a company representative told CropSphere delegates Tuesday in Saskatoon. […] Read more
Trans-Pacific trade talks could wrap by April, Mexico says
An ambitious trade pact being negotiated among Pacific Rim nations could be concluded as soon as April, Mexican Economy Minister Ildefonso Guajardo said Friday. The Trans-Pacific Partnership (TPP) would cover […] Read more
U.S. grains: Wheat, corn fall; soybeans firm late on technical buying
U.S. wheat futures fell 1.6 per cent on Friday, flirting with a 3-1/2 year low on expectations that supplies will remain abundant even though lower prices have boosted export demand, […] Read more
U.S. livestock: CME live cattle futures gain sixth straight week
Chicago Mercantile Exchange live cattle futures gained modestly on Friday and finished with their sixth straight weekly gain, boosted as wholesale beef prices stayed at record highs, traders and analysts […] Read more
Competition in Lethbridge’s feed market drives prices lower
Competition for Lethbridge’s marketplace is heating up, as feed wheat and barley are nearly priced identically, leading to further declines in both markets. “It seems like they are both trading […] Read more
U.S. livestock: CME live cattle post gains, but off record high
Chicago Mercantile Exchange live cattle on Thursday finished in the plus column for a third straight day on profit-taking but off record highs, traders and analysts said. February live cattle […] Read more