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June 4, 2021, 10:25 p.m.,1 min readConstruction workers work on new homes in Ottawa

TORONTO (Reuters) – Canadian economic activity expanded at a faster pace in May as a measure of employment climbed, Ivey Purchasing Managers Index (PMI) data showed on Friday.

The seasonally adjusted index rose to 64.7 from 60.6 in April but stayed below the 10-year peak of 72.9 it notched in March.

The Ivey PMI measures the month-to-month variation in economic activity as indicated by a panel of purchasing managers in the public and private sectors from across Canada. A reading above 50 indicates an increase in activity.

The gauge of employment rose to an adjusted 67.0 from 58.0 in April, while the inventories index was 65.3, up from 59.4.

Less encouraging was a slowdown in deliveries, with the supplier deliveries index dropping to 34.8 from 37.8 in April.

The unadjusted PMI dipped to 59.8 from 59.9.

(Reporting by Fergal Smith; Editing by Chizu Nomiyama)

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Yahoo News app to launch the full experience. Augmented reality is currently available to iPhone users (iPhone 8 and later) with the latest version of iOS.”,”AR_INTRO_LINK”:”Read more about how it works here.”,”AR_INTRO”:”Yahoo News now features augmented reality, an immersive storytelling format that brings our journalism to life in new ways. Experience it below.”,”AR_TITLE_MODEL_VIEWER”:”Tap to see in your space ★”,”BUY_NOW”:”Buy Now”,”CLOSE”:”Close”,”CLOSE_TOOLTIP”:”Close tooltip”,”CLOSE_XRAY_MODAL”:”Close more info modal dialog”,”COLLAPSE”:”Collapse”,”COMMENTS”:”Comments”,”CONS”:”Cons”,”CONSENT_BLOCKED_3P”:”This content is not available due to your privacy preferences.”,”CONSENT_BLOCKED_3P_LINK_TEXT”:”Update your settings here to see it.”,”CONTINUE_READING”:”Continue reading”,”EMAIL”:”Email”,”ENGADGET_DISCLAIMER”:”All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.”,”EXPLORE_THE_TOPICS”:”Explore the topics mentioned in this article”,”FACT_CHECK”:”Fact Check”,”FOLLOW”:”Follow”,”GET_APP”:”Get the App”,”GRAPHIQ”:”Visualization by Graphiq”,”IN_THIS_ARTICLE”:”In this article”,”LESS”:”Less”,”LIVE”:”Live”,”MORE”:”More”,”MORE_CONTENT_BELOW”:”More content below”,”NEW”:”New”,”NEWS_APP_PROMOTION_CAPTION”:”Stay in the know at a glance with the Top 10 daily stories”,”NEWS_APP_PROMOTION_HEADLINE”:”Yahoo News is better in the app”,”OOPS”:”Oops!”,”ORIGINALLY_PUBLISHED”:”Originally published”,”PHOTOS”:”Photos”,”PIN_IT”:”Pin it”,”PROS”:”Pros”,”PUBLISHED”:”Published”,”PUBLISHER_ATTRIBUTION”:”View article source”,”REACTIONS”:”Reactions”,”READ_FULL_ARTICLE”:”Read full article”,”READ_MORE”:”Read More”,”RECIPE_DIRECTION_TITLE”:”Directions”,”RECIPE_INGREDIENTS_TITLE”:”Ingredients”,”Scroll to continue with content”:”Scroll to continue with content”,”SEE_GALLERY”:”See Gallery”,”SEE_LESS”:”See less”,”SEE_MORE”:”See more”,”SHARE_FACEBOOK”:”Share on Facebook”,”SHARE_LINKEDIN”:”Share on LinkedIn”,”SHARE_REDDIT”:”Share on Reddit”,”SHARE_LINE”:”Share on Line”,”SHARE_WHATSAPP”:”Share on WhatsApp”,”SHARE”:”Share”,”SHARES”:”Shares”,”SHOW_MEDIA”:”Show media”,”SHOW_NEXT_CARDS”:”Show next cards”,”SHOW_PREVIOUS_CARDS”:”Show previous cards”,”SHOW_TEXT_ONLY”:”Show text only”,”SOMETHING_WENT_WRONG”:”Something went wrong.”,”STORY_CONTINUES”:”Story continues”,”STRUCTURED_SUMMARY_TITLE”:”Summary”,”STRUCTURED_SUMMARY_TOOLTIP_TEXT”:”Smart Summary powered by Yahoo, available on select stories.”,”SUMMARY”:”Summary”,”SWIPE_DOWN_TO_CLOSE”:”Swipe down to close.”,”TAGS”:”Tags”,”TODAY”:”Today”,”TOMORROW”:”Tomorrow”,”TRY_LATER”:”Please try again later.”,”TWEET”:”Tweet”,”UNFOLLOW”:”Unfollow”,”UNIT_OF_TIME_HOUR”:”hr”,”UNIT_OF_TIME_MINUTE”:”min”,”UPDATED”:”Updated”,”VIDEO_TITLE”:” [Video]”,”VIDEO_TRANSCRIPT”:”Video Transcript”,”VIEW_AR_IMAGE”:”View this in your space in AR”,”YOU_MAY_ALSO_BE_INTERESTED_IN”:”You may also be interested in:”,”VIEW_PHOTOS”:”View photos”,”VERSUS”:”vs”}” data-lang=”en-CA” data-tz=”Asia/Hong_Kong” data-params=”{“features”:{“enableSlideShowKV”:true,”enableVideoDocking”:true,”enableVideoThirtyView”:true,”enableXrayNcp”:true,”enableXrayTickerEntities”:true,”slideshowv2″:true,”videoDetection”:true},”config”:{“authorBylineCollapseLineCount”:2,”freezeOnLinkClick”:true,”lazyOffsetY”:1300,”livecoverage”:{“defer”:false},”imageCaptionCollapseLineCount”:3,”uiShowPreviousButtonOnLoad”:true}}” id=”caas-art-8bcc554e-b7e7-36ac-99a5-7e229978a105″>The Canadian PressThe Canadian Press

June 4, 2021, 11:04 a.m.,1 min read

CHICAGO (AP) ! Grain futures were higher on Friday in early trading on the Chicago Board of Trade. Wheat for July rose 8 cents at $6.87 a bushel; July corn gained 8.25 cents at $6.7750 a bushel; July oats was up 2.75 cents at $3.8725 a bushel; while July soybeans advanced 10.50 cents at $15.7225 a bushel.

Beef was lower and pork was higher on the Chicago Mercantile Exchange.

Jun. live cattle was off .75 cent at $1.1650 a pound; Aug. feeder cattle fell .95 cent at $1.5117 a pound; Jun. lean hogs rose 1.23 cents at 1.1930 a pound.

The Associated Press

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