Reuters — A week of record-hot weather in Western Canada has forced thousands of people to evacuate their homes, as wildfires rage in parts of Alberta and rapid snow melt triggers flooding across interior British Columbia. By Friday, more than 13,000 people were under evacuation orders in Alberta. As of late Friday afternoon, 91 fires
Fire and floods across Western Canada force evacuations
Western Alberta towns of Edson, Drayton Valley ordered to evacuate
U.S. grains: Chicago grains end week up as no new Black Sea ships authorized
Markets also have eye toward U.S. crop report
Mexico City | Reuters — Chicago grains and soy ended the week higher on Friday as hopes dimmed for the renewal of a U.N.-brokered deal allowing the safe Black Sea exports of Ukraine grain. Ukraine, Russia, Turkey and the United Nations failed to reach an agreement to authorize any new vessels to carry out Black
U.S. livestock: Weak pork demand knocks lean hogs to contract lows
June live cattle up; feeder cattle down
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank to contract lows on Friday on concerns over anemic U.S. demand for pork, analysts said. The dramatic price decline fueled projections among traders that hog farmers may reduce their herds, after losing money for months on each pig they raise. Farmers are grappling with
JBS opens cleaning unit after outside firm fined for hiring kids
Company says has cut ties to cleaning contractor
Chicago | Reuters — JBS USA, one of the biggest U.S. meatpackers, is creating an internal company to clean some of its processing plants after a private sanitation firm it employed was accused of hiring children for dangerous work. The launch shows the complexities involved in replacing Packers Sanitation Services Inc. (PSSI), a firm that
Fairs, exhibitions concerned over new traceability proposals
Event volunteers may lack skills needed, association says
The Canadian Association of Fairs and Exhibitions (CAFE) says proposed federal regulations regarding livestock traceability are putting animal events across the country at risk. Their concerns centre around new directives centred around moving and tagging which they say would affect Canada’s 5,000 fairs, rodeos and other events. The Canadian Food Inspection Agency has proposed that
U.S. livestock: CME feeder cattle stumble to three-week low
June live cattle, lean hogs also lower
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures slumped to their lowest price in more than three weeks on Thursday, while live cattle futures also eased. Traders said the markets were overbought and pressured by technical selling and long liquidation, after feeder cattle set contract highs last month and front-month live cattle futures
Feed weekly outlook: Futures pressure Canadian prices
Some buyers still seeking coverage
MarketsFarm — Prices for feed grains in Western Canada continue to ease off, but seasonal activity isn’t the only reason contributing to the declines. Erin Harakal, trade manager at Agfinity Inc. at Stony Plain, Alta., said futures markets are also playing their part in pressuring feed grain prices. “Especially with the wheat markets due to
U.S. grains: Chicago wheat up on Black Sea deal doubts
Cancelled China sales weigh on corn prices
Mexico City | Reuters — Chicago wheat hit a one-week high and closed up on Thursday as markets cautiously eye developments on the Black Sea grains corridor following a wave of fresh tensions between Russia and Ukraine. Corn clawed back some ground lost early in the day to close nearly flat after news of cancelled
Mosaic misses profit estimates on lower prices of fertilizers
Farmers seen waiting on prices to stabilize
Reuters — Mosaic Co. on Wednesday missed Wall Street estimates for first-quarter profit on lower prices of potash and other crop fertilizers, even as the fertilizer maker sold higher volumes. Although prices of fertilizers such as phosphates and potash decreased during the reported quarter, it did not boost demand as farmers waited for pricing trends
Russia to keep talking with UN before Black Sea deal deadline
Deal on table for talks Friday in Istanbul
Moscow | Reuters — Russia said on Wednesday that it will keep talking to the United Nations about the future of a deal that allows the safe Black Sea export of Ukraine grain, but would not do anything to harm its own interests. Top UN trade official Rebeca Grynspan is due to travel to Moscow
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