The Canada Grocery Code, developed to promote transparency and fairness in the sector, took full effect on New Year’s Day.
Daily news
Grocery code of conduct takes full effect
U.S. livestock: Cattle futures surge as second screwworm case announced
Chicago | Reuters – Chicago Mercantile Exchange cattle futures rallied on Friday as two new screwworm cases were announced in Mexico in two days, keeping the focus on tight cattle supplies. CME February live cattle LCG26 settled 4.400 cents higher at 236.000 cents per pound, having hit the highest peak since October 24, and March
U.S. grains: Chicago soybeans fall on competition with Brazilian exports
Chicago | Reuters – Chicago soybean futures ticked down on light post-holiday trading volume on Friday, as competitively priced Brazilian beans and favorable South American weather pressured the commodity, analysts said. Wheat and corn futures also edged down, but corn received some support from the brisk pace of U.S. exports. The most-active soybean contract on
Tyson Foods settles U.S. beef price-fixing lawsuit for $82.5 million
Tyson Foods has agreed to pay $82.5 million (C$113.3 million) to settle a proposed class-action lawsuit brought by grocers and other businesses that accused the meat and poultry giant of conspiring to inflate U.S. beef prices by restricting supply.
Consumers not confused by plant protein ‘burgers’ or ‘milk’, research suggests
Farmers in Europe have long expressed concerns that plant-based substitutes could threaten traditional farming practices. However, research suggests that consumers aren’t confused by the terminology.
U.S. livestock: CME cattle futures rise on expectations of tight supplies
Chicago | Reuters – Chicago Mercantile Exchange cattle futures climbed on Wednesday as market players anticipated tighter cattle supplies in the first quarter of the new year, and there was some technical buying, according to analysts. CME February live cattle LCG26 settled 1.125 cents higher at 231.600 cents per pound, and March feeder cattle FCH26
U.S. grains: Chicago soybeans fall, but achieve first annual gain in three years
Chicago | Reuters – Chicago soybean futures dropped on Wednesday but logged their first annual gain in three years, supported by China’s return to the U.S. market following a late-October trade truce, although ample global supplies capped the advance. Wheat and corn futures had annual declines, pressured by abundant supplies. The most-active soybean contract on
ICE Canada Weekly: Canola unlikely to have a good start to 2026
When canola trading begins returning to normal come Jan. 5, the oilseed’s futures are likely to fall back, said Tony Tryhuk, trader with RBC Dominion securities in Winnipeg.
Italy crafts lab-grown snacks with fruit residues, plant cells and a 3D printer
Scientists in Italy are developing sweet snacks with lab-grown plant cells and fruit residues, producing a material that a 3D printer can then process into ‘pastries’ with high nutritional content.
China imposes curbs on beef imports to protect domestic industry
China will impose an added 55 per cent tariff on beef imports that exceed quota levels from key supplier countries including Brazil, Australia and the U.S. in a move to protect a domestic cattle industry slowly emerging from oversupply.
Cyber-Savvy Farmer
