Canada's agri-food sector needs to make clear to the federal government that solving its labour issues ties into economic and nation-building plans, industry insiders say.
Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.
The Canadian dollar continued its decline on Tuesday morning. The loonie was at US$0.7315 or US$1=C$1.3671 as of 8:28 a.m. CDT, compared to Monday’s close at US$0.7323 or US$1=C$1.3656. The United States Dollar Index added 0.06 of a point at 97.54. U.S. President Donald Trump sent letters to 14 countries outlining the tariff rates for[...]
Feed prices on the Canadian Prairies have slipped over the last week and are poised to remain flat to the end of the year, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
Chicago Board of Trade soybean futures hit their highest level in more than a week on Thursday as technical buying helped the market recover from a three-month low reached on Monday, analysts said.
China’s soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil.
Global food commodity prices edged higher in June, supported by higher meat, vegetable oil and dairy prices, the United Nations' Food and Agriculture Organization said on Friday.