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Daily Network News

  •  A Winnipeg-based broker says the coming U.S. biodiesel mandate will be a boon for Canadian canola. Photo: Getty Images Plus

    ICE Canada Weekly: U.S. biodiesel mandate will be a boon for canola

    2 hours ago
  • Photo: File

    CBOT weekly: Planted area in focus

    2 hours ago
  • Prairie Wheat Weekly: Western Canadian bids move upward

    3 hours ago
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Reuters


General Mills and other packaged food companies are under pressure as lower-income shoppers, hit hardest by persistent inflation, trade down to value brands and private-label goods. Photo: vgajic/Getty Images Plus
News, Reuters

General Mills cuts annual outlook as shoppers seek cheaper options

By Reuters February 17, 2026
General Mills cut its annual core sales and profit forecasts on Tuesday as the Cheerios cereal maker contends with a volatile economic backdrop and evolving consumer tastes.

The gasoline price index was the largest contributor to the deceleration in headline inflation, StatsCan said. Photo: Getty Images Plus
Markets, News, Reuters

Canadian annual inflation rate edges down in January as gasoline costs drop

By Reuters February 17, 2026
Canada’s annual inflation rate in January accelerated at a slower pace than the previous month as a big drop in gasoline prices helped cushion the impact of higher food and clothing prices, Statistics Canada said on Tuesday.


Spain is the European Union’s leading pork producer, accounting for a quarter of the bloc’s output and with annual exports worth about 3.5 billion euros (C$5.65 billion). Photo: Geralyn Wichers
Livestock, News, Reuters

Spain detects first swine fever cases outside initial Barcelona outbreak zone

By Reuters February 13, 2026
Two African swine fever cases have been detected in Spain among wild boar for the first time outside an original outbreak area near Barcelona, prompting additional restrictions on the movement of people and livestock, regional authorities in Catalonia said on Friday.

Photo: Geralyn Wichers
Livestock, Reuters

Cargill to close Wisconsin beef plant, cut 221 jobs

By Karl Plume, Reuters February 12, 2026
U.S. agribusiness Cargill will permanently close its beef processing facility in Milwaukee, Wisconsin, and eliminate 221 jobs, according to a filing with the state, the latest U.S. beef plant to be shuttered amid rising costs for meatpackers.


Value-focused menus continue to attract budget-conscious diners, as fast‑food chains lean into affordability while pricier rivals struggle. Photo: Artem Zakharov/Getty Images Plus
News, Reuters

Burger King-owner Restaurant Brands beats fourth-quarter sales estimates

By Reuters February 12, 2026
Restaurant Brands reported fourth-quarter comparable sales above estimates on Thursday, helped by resilient traffic at its Burger King and Tim Hortons chains.

La Niña is part of the El Niño-Southern Oscillation climatic cycle, which affects water temperatures in the central and eastern Pacific Ocean. PHOTO: THINKSTOCK
Reuters, Weather

U.S. forecaster sees signs of La Niña shift towards El Niño conditions in early 2026

By Reuters February 12, 2026
There is a 60 per cent chance of a shift in the climate phenomenon known as La Niña towards El Niño in February-April 2026. This pattern, known as ENSO-neutral, likely to persist through the Northern Hemisphere summer, the U.S. Climate Prediction Center said on Thursday.


China has extended its probe due to the “complexity” of the case, a Chinese commerce ministry spokesperson said. Photo: zhangxiaomin/Getty Images Plus
News, Reuters

China extends anti-dumping probe on Canadian canola; pledges fair ruling

By Reuters February 12, 2026
China will make a fair and final ruling on Canadian Canola, the Chinese commerce ministry said on Thursday, adding that its anti-dumping probe into the oilseed has been extended to March 9.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybeans turn higher as traders weigh China demand; wheat climbs

By Julie Ingwersen, Reuters February 11, 2026
Chicago | Reuters – Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week. Wheat rose on what appeared to be fund-driven short-covering, while corn futures sagged in choppy trade. Chicago Board of


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybeans rise on export optimism; corn, wheat nearly flat

By Julie Ingwersen, Reuters February 10, 2026
Chicago | Reuters – Chicago soybean futures rose about one per cent on Tuesday on optimism about demand for U.S. supplies, analysts said, but stayed below a two-month high set last week. Corn settled flat to firmer after the U.S. Department of Agriculture in a monthly report raised its forecast of U.S. corn exports for

France expects its 2026 soft wheat area to reach 4.59 million hectares (11.3 million acres), up slightly from its initial projection of 4.56 million in December, it said on Tuesday. Photo: File
Markets, Reuters

France raises winter soft wheat and rapeseed planting estimates

By Gus Trompiz, Reuters February 10, 2026
France’s farm ministry on Tuesday increased slightly its estimates for sowings of winter soft wheat and winter rapeseed for the 2026 harvest, confirming its expectation of an expanded area for both crops this year.


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