Canada’s annual inflation rate in May was unchanged from the previous month at 1.7 per cent as a drop in gasoline costs continued to keep the overall index stable. Prices of shelter, food and transportation also cooled.
Daily news
Klassen: Feeder market rally stalls on softer fed cattle market
For the week ending June 21, Western Canadian feeder cattle prices were unchanged to $10 lower on average compared to seven days earlier. However, prices for August and September delivery were unchanged from the previous week.
U.S. livestock: Live cattle slip; feeders, hogs make small gains
Chicago live cattle futures slipped on Monday while feeder and lean hog contracts eked out gains.
U.S. grains: Soybeans slump on ‘greenhouse’ weather in US
Chicago soybean futures eased on Monday as favorable U.S. crop weather took the focus away from U.S. strikes on Iran conducted over the weekend.
Toronto MP named agriculture committee chair
Ontario MP Michael Coteau will chair the next House of Commons Standing Committee on Agriculture and Agri-Food.
Saskatchewan considers AgriRecovery request in bovine TB case
The move by Sask. would help producers with the cost of cleaning and disinfection after the disease is found on their farms
Saskatchewan may ask to trigger AgriRecovery for producers affected by bovine tuberculosis.
Alberta crops 21 points below average but soil moisture improving
Prior to Alberta getting rain over the weekend of June 21 and 22, the province's crops were well below the five-year average for ratings. As of June 17, Alberta Agriculture said they were listed as 50 per cent good to excellent overall compared to the average of 71 per cent.
AAFC makes more adjustments to canola numbers
Also changes dry pea data
With exports of Canadian canola still going strong in 2024/25, Agriculture and Agri-Food Canada readjusted its estimates in its June supply and demand report.
Importance placed on cow herd size questioned
Some in the cattle sector don’t think policy should focus on expanding herd; others say fewer cows limit check-off revenue
The number of cows in the provincial herd is not necessarily the best measure of a successful industry, yet that is the focus of public policy, says the Sask. Stock Growers Assoc.
U.S. grains: Corn, soybeans slip on profit-taking, favourable Midwest weather
U.S. corn and soybean futures fell on Friday as favourable weather in much of the Midwest boosted crop production potential and as traders squared positions ahead of the weekend, analysts said.
