A request from Canada’s dairy farmer organization for an unscheduled increase in the current farm gate price for milk, to help farmers catch up with steep rises in their costs […] Read more
Tag Archives inflation
Mid-year farm gate price hike approved for milk
Processors say incremental hike may soften impact on consumers
Biden signs ocean shipping bill in bid to reduce backlogs
Washington | Reuters — U.S. President Joe Biden on Thursday signed legislation to improve oversight of ocean shipping, which lawmakers say will help curb inflation and ease export backlogs. The […] Read more
U.S. livestock: CME live cattle bounce back on bargain buying
July hogs touch six-day high, end lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher on Tuesday in a rebound from recent losses, brokers said. However, concerns about the risk of beef demand […] Read more
U.S. grains: Soybeans hit one-week low as financial markets drop
CBOT corn, wheat ease amid inflationary worries
Chicago | Reuters — U.S. soybean futures hit a one-week low on Tuesday and grains declined amid pressure from weak financial markets and concerns about inflation, analysts said. A second […] Read more
Hog sector to focus on margins in face of outside volatility
'Counter-cyclical' moves seen in markets
MarketsFarm — The hog sector has found itself caught up in the general uncertainty of many commodity and financial markets — making it more difficult than normal to predict where […] Read more
Dairy farmers seek mid-year increase on farmgate milk prices
CDC to seek stakeholder comment next week
The Canadian Dairy Commission will seek out feedback from industry stakeholders next week on Canadian dairy farmers’ request for a mid-year raise in farmgate milk prices. The CDC said June […] Read more
Opinion: When it comes to food prices, the Canadian government’s hands are tied
There is no easy fix and many price reduction options would hurt domestic producers
The rhetoric around inflation and increasing food prices has become a point of emphasis for politicians, particularly for those in opposition to the incumbent government. Even pundits and non-profit organizations […] Read more
India bans wheat exports as heat wave hurts crop, domestic prices soar
Ban could push global wheat prices to new peaks
Mumbai | Reuters — India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices […] Read more
U.S. livestock: CME live cattle, hogs slip on demand concerns
Inflation on U.S. retail meat a worry
Chicago | Reuters — CME Group live cattle and hog futures slumped on Friday, as investors worried about the prospect of food inflation weighing heavy on U.S. consumer meat demand […] Read more
Worsening global food security needs Ukraine, Russia production, UN chief says
Abuja | Reuters — U.N. Secretary-General Antonio Guterres said Wednesday the problem of global food security could not be solved without restoring Ukrainian agricultural production and Russian food and fertilizer […] Read more
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