Port workers from the International Longshoremen’s Association (ILA) participate in a strike outside the Norfolk International Terminal (NIT) in Norfolk, Virginia, U.S., October 1, 2024. REUTERS/Jose Luis Gonzalez

White House sides with union as US dockworker strike enters second day

New York | Reuters — President Joe Biden’s administration heaped pressure on U.S. port employers to raise their offer to secure a labour deal with dockworkers on strike for a second day on Wednesday, choking half the country’s ocean shipping. The strike by the International Longshoremen’s Association (ILA) union has blocked goods from food to








(Photo courtesy Canada Beef Inc.)

Klassen: Western Canadian calf markets percolate higher

Strength in the deferred live cattle futures has spilt over into the feeder complex. Alberta and Saskatchewan placements in the lighter weight categories are down from year-ago levels which is resulting in stronger Alberta fed cattle basis levels for next spring.  These are the main factors influencing the calf markets in Western Canada.  




The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. grains: Soy futures soar on US weather woes

U.S. soybean futures hit their highest in two months on Friday as soymeal futures surged by five per cent on worries about damage to crops and infrastructure in the Gulf Coast region following the landfall of Hurricane Helene as well as short-covering ahead of key crop reports due Monday.