Last week, we noted that the vaccine/mask regulation on trucks crossing the Canadian border (put in place in Canada on 15 January and the U.S. on 22 January), and the truckers’ strike, could have some impact on feeder pig deliveries from Canada. Most feeder pigs enter the U.S. in North Dakota and Michigan – exiting Canada from Manitoba and Ontario. The latest reports from AMS are only through the week ending 22 January, before this trucker strike was in force, and there was not much change.
There is, however, possible impact being felt on the cattle side. There are conflicting reports that the border crossing at Coutts, Alberta, into Montana, has now been blocked for six days. The Royal Canadian Mounted Police (R...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
