Reuters Archives - Page 5 of 58 - Manitoba Co-operator

Hormel meat labeling case shows U.S. rules need reform: advocates

By Leah Douglas November 30, 2022

Reuters – Hormel Foods’ labeling of a meat product line as “natural” despite using the same hogs and production methods as its other brands shows the U.S. meat labeling system needs reforms, said consumer advocates and documents released on Nov. 15 from a lawsuit the company is close to settling. The false advertising suit, brought

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Supply concerns drive CME live cattle to new contract high

By GFM Network News, Tom Polansek October 26, 2022

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher and reached a new contract high on Wednesday amid concerns about tightening U.S. supplies, brokers said. Strong recent gains have left the market technically overbought and due for a setback, brokers said. “We’ve had a nice rally here,” said Matt Wiegand, commodity broker

Markets, News

U.S. needs to press Mexico on looming biotech corn ban, Vilsack says

By Tom Polansek October 12, 2022

Reuters – U.S. Agriculture Secretary Tom Vilsack says he continues to talk with officials in Mexico about that country’s looming ban on genetically modified (GM) corn, adding that it will be important to get clarity on the issue in 2023. A decree issued by Mexico’s President Andres Manuel Lopez Obrador in late 2020 would phase

News

U.S. plans rule to protect livestock farmers from company retaliation

By Tom Polansek October 12, 2022

Reuters – The U.S. Department of Agriculture is proposing regulations to prevent meat companies from retaliating against livestock and poultry farmers who speak out on practices such as price-fixing. The USDA also said it would work with state attorneys general to investigate anticompetitive practices in the agricultural sector that contribute to inflation. The moves aim

A person shops at the North Mart grocery store in Iqaluit, Nunavut July 28.

News

Cold and hungry

Northern residents say rising food costs creating new and growing economic challenges

By Rod Nickel August 23, 2022

Reuters – In Canada’s remote north, residents have long paid dearly for food, and rising prices have worsened an already dire situation, exposing the vulnerability of one of the world’s biggest exporters of grains and meat. Communities in Nunavut have no roads to connect them with each other, forcing them to rely on fresh food

Consumers can expect higher beef prices into 2023 and 2024, market watchers say.

Markets, News

Shrinking U.S. cattle herd signals more pain from high beef prices

Consumers won’t be seeing any relief at the till due to long production cycle

By Tom Polansek August 22, 2022

Reuters – U.S. consumers grappling with soaring inflation face more pain from high beef prices as ranchers reduce their cattle herds due to drought and lofty feed costs. Those decisions will tighten livestock supplies for years, economists said. The decline in cattle numbers, combined with stiff costs for other production expenses, illustrate why a recent reduction in grain prices

News

Nutrien beats profit estimates, lowers full-year forecast

By Ruhi Soni August 15, 2022

Reuters – Nutrien beat second-quarter profit estimates, fueled by soaring prices of crop nutrients that more than offset higher natural gas costs and lower sales volumes. However, the world’s largest fertilizer producer lowered its full-year adjusted profit forecast as it expects higher natural gas costs to hurt its nitrogen business. Nutrien is the latest company

The Sierra Leone-flagged ship Razoni leaves the sea port in Odesa after restarting grain export, amid Russia’s attack on Ukraine, Ukraine August 1, 2022. Photo: Reuters/Serhii Smolientsev

Markets

Ukraine seeks to extend shipping safe passage deal beyond grain

By GFM Network News, Pavel Polityuk August 5, 2022

Istanbul/Kyiv | Reuters – Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia’s invasion was due in Ukraine to load, as Kyiv called for the safe passage deal to be extended to other cargoes such as metals. The July 22 deal marked a rare diplomatic breakthrough as war

Markets

China’s U.S. ag imports soar to new highs in 2022, but volumes vary

By GFM Network News, Karen Braun August 5, 2022

Naperville, Ill. | Reuters – China is on track to be the leading international buyer of U.S. agricultural products for a third consecutive year, as the total value of exported goods reached record levels in the first half of 2022. Some of that can be explained by increased trade volumes of certain items, particularly beef, but

Other

Corteva raises forecast as demand for seeds, crop protection products booms

By GFM Network News August 5, 2022

Bengaluru | Reuters – Corteva Inc CTVA.N on Thursday raised its full-year sales and profit forecasts as the crop protection products maker benefits from surging demand from farmers looking to cash in on higher prices since the Ukraine war. The company, which reported a 14 percent jump in second-quarter operating earnings, also unveiled plans to exit some

Daily Network News

U.S. livestock: Cattle futures slide under pressure from weak cash prices

ICE Canada Weekly: Canola likely to remain rangebound

U.S. grains: Soybean futures ease from 17-month peak as traders gauge China buying pace

Tag Archives Reuters

Hormel meat labeling case shows U.S. rules need reform: advocates

U.S. livestock: Supply concerns drive CME live cattle to new contract high

U.S. needs to press Mexico on looming biotech corn ban, Vilsack says

U.S. plans rule to protect livestock farmers from company retaliation

Cold and hungry

Shrinking U.S. cattle herd signals more pain from high beef prices

Nutrien beats profit estimates, lowers full-year forecast

Ukraine seeks to extend shipping safe passage deal beyond grain

China’s U.S. ag imports soar to new highs in 2022, but volumes vary

Corteva raises forecast as demand for seeds, crop protection products booms

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