Last month Washington announced plans to double duties on imports of Canadian lumber and requested a dispute panel on Canada's dairy import quotas. | File photo

What special relationship? Canada grimaces amid hail of U.S. trade blows

OTTAWA, June 22 (Reuters) – After Prime Minister Justin Trudeau held a cordial first meeting with U.S. President Joe Biden in February, marking an end to years of battles with the Trump administration, a relieved Canadian official said, “We feel we are off to the races here.” But old trade disputes that flared up during […] Read more

Russia, the world's largest wheat exporter, is expected to start harvesting this year's grain crop in late June or early July. | Reuters/Eduard Korniyenko photo

Forecast rises for Russia’s 2021 wheat crop

MOSCOW, June 23 (Reuters) – Russian agriculture consultancy Sovecon said on Wednesday that it had raised its forecast for Russia’s 2021 wheat crop by 2.2 million tonnes to 84.6 million tonnes due to favourable weather and a larger sowing area. Russia, the world’s largest wheat exporter, is expected to start harvesting this year’s grain crop […] Read more

This year's yields in the 27-member bloc were now expected to be well above five-year averages for all winter cereals as well as rapeseed, the European Union's crop monitoring unit, MARS, said. | File photo

EU monitor ups 2021 grain yield forecasts again

PARIS, June 21 (Reuters) – The European Union’s crop monitoring unit MARS raised its grain crop yield forecasts in the bloc for the second month in a row, confirming that warm and wet weather had helped crop development after a cold snap earlier in the season. This year’s yields in the 27-member bloc were now […] Read more


Nutrien's increase takes its potash sales outlook this year to a record-high range of 13.3 million to 13.8 million tonnes, and follows a previous 500,000-tonne production increase announced this month. | Screncap via nutrien.com

Nutrien bumps up potash output after EU imposes sanctions on Belarus

WINNIPEG, Manitoba, June 21 (Reuters) – Canadian fertilizer producer Nutrien Ltd said on Monday it would boost 2021 output of the crop nutrient potash by 500,000 tonnes, after the European Union imposed trade sanctions on Belarus. Nutrien’s increase takes its potash sales outlook this year to a record-high range of 13.3 million to 13.8 million […] Read more




The big four processors in the U.S. beef sector are: Cargill, a global commodity trader based in Minnesota whose High River, Alta., plant is shown above; Tyson Foods Inc, the chicken producer that is the biggest U.S. meat company by sales; Brazil-based JBS SA, the world's biggest meatpacker; and National Beef Packing Co , which is controlled by Brazilian beef producer Marfrig Global Foods SA. | Mike Sturk photo

How four big companies control the U.S. beef industry

CHICAGO, June 17 (Reuters) – U.S. lawmakers are seeking increased oversight of the beef sector as concerns about anticompetitive behavior increase after the pandemic and a cyberattack on a major meat company, JBS USA. Agriculture officials are meanwhile pushing for more processing capacity and ranchers are opening new slaughterhouses after plant shutdowns highlighted the industry’s […] Read more

Brazilian farmers will increase the country's area planted with soybeans to 40 million hectares (98.8m acres) this season from 37.8 million hectares in the previous crop year. | File photo

Brazil to plant nearly 100 million acres with soybeans

SAO PAULO, June 21 (Reuters) – Brazilian farmers will increase the country’s area planted with soybeans to 40 million hectares (98.8m acres) this season from 37.8 million hectares in the previous crop year, Bartolomeu Braz, who leads farmer group Aprosoja in the state of Goiás, said on Monday. Speaking at an event hosted by agribusiness […] Read more


JBS temporarily closed its North American plants after a cyberattack linked to a Russian group.  |  Reuters/Shannon Stapleton photo

JBS paid $11M to end cyberattack

REUTERS — Meat packer JBS USA paid a ransom equivalent to $11 million after a cyberattack that recently disrupted its North American and Australian operations. “This was a very difficult decision to make for our company and for me personally,” said Andre Nogueira, CEO of JBS USA on June 9. “However, we felt this decision […] Read more

Workers at the JBS plant in Brooks, Alta. saw their shifts disrupted for two days following the late-May attack. | Screencap via Facebook/JBS Canada

JBS says it paid $11 million in ransomware attack

June 9 (Reuters) – Meatpacker JBS USA paid a ransom equivalent to $11 million (USD) following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in a statement on Wednesday. Workers at the JBS plant in Brooks, Alta. saw their shifts disrupted for two days following the late-May attack. The […] Read more