In Brief (Reuters) — Conagra Brands Inc. has forecast annual sales and profit below Wall Street estimates in a sign that the packaged food giant was facing resistance to higher prices from inflation-weary customers. Persistent inflation has eroded budgets in many households and forced consumers to trade down from branded packaged food products to cheaper […] Read more
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Conagra warns of dour profits
Investors consider options in cell-cultivated meat sector
WASHINGTON, D.C. (Reuters) — Cell-cultivated meat companies in the United States could receive new investment since U.S. regulators cleared the product for sale earlier this summer, but the sector must scale up and lower costs to challenge conventional meat, said investors and major food companies. Several startups have developed the technology to grow meat from […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was not available July 28 or July 21. U.S. hogs averaged $100.47 on a carcass basis July 28, down from $101.03 July 21. The U.S. pork cutout was $ 113.47 per hundredweight July 28, down from $115.25 July 21. The estimated U.S. weekly slaughter […] Read more
Better understanding of marketing can unlock more value
When will farmers finally learn everything they need to know about marketing their crops? At what point has every farmer learned everything they need to know, or decided they’re just not going to bother with it? Surely there must be a saturation point at which the marketing gurus, advisers, instructors and columnists can just move […] Read more
Russia sends first pea shipment to China by boat
Exports had previously moved by rail and truck since the two countries signed a phytosanitary agreement last year
China has cleared the first ocean vessel of Russian peas, according to a trader of the crop. A ship loaded with 55,000 tonnes of peas that sailed from the Port of Novorossiysk has passed inspection by China’s customs administration. Peas had previously been moving to China by rail and truck from Russia’s Siberian regions, but […] Read more
TB testing expands to wildlife
Testing wildlife for bovine tuberculosis will occur in Saskatchewan as part of the investigation into the recent positive cases. The environment ministry said it is working with the Canadian Food Inspection Agency and “reviewing options to conduct enhanced targeted surveillance for bovine tuberculosis in deer, elk and moose in the future.” The ministry said it […] Read more
CFIA reassesses U.S. bee import risk
The Canadian Food Inspection Agency is reassessing whether packaged honeybees from the United States should be allowed into the country. The risk assessment is based on World Organization for Animal Health guidelines and expected to be done early next year. The CFIA is accepting new scientific information on bee diseases and pests until Aug. 31. […] Read more
Sask agency makes water, vacant land available for ag use
Saskatchewan’s Water Security Agency has announced it will make water and vacant land available to farmers and livestock producers during the drought. The agency owns and manages land across the province and those who live near these lands can contact it to see if under-used or vacant land is available. “With the well-below normal amounts […] Read more
New tentative deal reached at west coast ports
(Reuters) — West coast dockworkers in Canada and their employers’ association have reached a settlement agreement, the parties said, as they look to end a dispute that risked further disruptions at the country’s busiest ports. Both the International Longshore and Warehouse Canada Union (ILWU) and the British Columbia Maritime Employers Association (BCMEA) are recommending the […] Read more
Sask. drought hangs over mustard price outlook
Producers have planted a big crop, which could lower prices, but continued dryness may also slash yields and raise bids
LANGHAM, Sask. — Mustard growers and buyers have their guns drawn but nobody’s shooting yet. When the clock hits “harvest,” there could be a violent resolution of the supply-and-demand showdown. “We’re all holding our breath as we get to harvest,” said Peter Gorski, senior grain buyer for BroadGrain Commodities. “There’s a lot that’s hanging on […] Read more
