A U.S. government funding bill released on Tuesday included a plan that would allow year-round sales of gasoline with a higher ethanol blend, a major win for the corn and ethanol lobbies.
US funding bill includes plan to allow year-round sales of higher ethanol blend fuel
U.S. livestock: CME feeder cattle up on expectations of tight supply
Chicago Mercantile Exchange (CME) feeder cattle futures rose on Tuesday as market players anticipated a constricted supply of cattle and awaited a monthly cattle supply report later in the week, traders said.
U.S. grains: Soybeans hit contract lows on strong South American harvest
Chicago soybean futures sank to life-of-contract lows on Tuesday as favorable crop conditions in Brazil and weak Chinese demand for U.S. soybeans hung over the market, traders said.
EU crops in fair shape but Black Sea rim lacks winter strength, monitor says
Cereal fields in Europe are generally in good condition after a dry, mild spell helped them recover from a soggy start to autumn, though grain belts around the Black Sea are lacking hardiness for winter, the EU's crop monitoring service said on Monday.
Canada’s inflation rate ticks down to 1.9 per cent in November
Canada's annual inflation rate unexpectedly dropped by a tick to 1.9 per cent in November, driven by a broad-based slowdown in prices, while the consumer price index was unchanged on a monthly basis, data showed on Tuesday.
U.S. livestock: Cattle down as trade anticipates Mexican cattle imports
Chicago Mercantile Exchange (CME) live and feeder cattle futures fell on Monday as market players digested news that Mexican cattle imports to the U.S. will likely resume in the New Year, traders said.
U.S. grains: Corn, soy choppy amid demand uptick and strong South American crop
Chicago corn and soybean futures seesawed on Monday as market players weighed an uptick in fund buying interest against the prospect of a bumper South American corn and soy crop, traders said.
Finance minister Freeland quits after clash with Trudeau
Freeland says Trudeau's push for spending could hurt Ottawa's ability to deal with potential tariffs as Trump assumes office
Federal Finance Minister Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues including how to handle possible U.S. tariffs, dealing a huge blow to an already unpopular government.
COMMENT: Bovaer is added to cow feed to reduce methane emissions. Does it get into milk and meat? Is it harmful for humans?
Concern has been rising over the use of a feed supplement, Bovaer 10, to reduce methane production in cows. Bovaer 10 consists of silicon dioxide (basically sand), propylene glycol (a food stabilizer) and the active compound 3-nitrooxypropanol (3-NOP). Bovaer and 3-NOP were approved for use in Canada in early 2024. Canadian beef and dairy industry
Ukraine to set up mechanism to supply food to Syria, Zelenskiy says
Leader of Russia's Chechnya says he is ready to ensure wheat supplies to Syria if necessary
Ukrainian President Volodymyr Zelenskiy said on Saturday he had instructed his government to set up supply mechanisms to deliver together with international organizations and partners food to Syria in the aftermath of the fall of President Bashar al-Assad.