Markets fell hard after the WASDE puts record corn and large bean crops into the minds of traders. Despite lower yielding wheat and canola and rapeseed crops, the markets cut those along with the American favourites.
Canola fell hard for a few hours after the U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates came out Aug. 10, but bounced back a couple of dollars per tonne to settle at $504.90, down $3.80 on the day for the November futures.
Soybeans for August were down 5 percent for the trading day, at US$8.45-25 per bushel. Corn was off 12 US cents at $3.57-25.
Hard red spring wheat on Chicago was down 21 cents per bu. at $6.08-75.
Live cattle and December lean hogs were the only agricultural commodities to end up higher on the day. The Canadian dollare was off half a US penny and crude oil finished up 86 cents.
For the rest of the WASDE report story visit our story here.
| Name / Contract | High | Low | Last | Change | Settlement |
| Canola Nov 2018 (updated 1:51PM(CST) on 8/10/2018) | 511.70 | 501.00 | 504.90 | -3.80 | 504.90 |
| Canola Jan 2019 (updated 1:51PM(CST) on 8/10/2018) | 517.10 | 506.20 | 510.10 | -3.80 | 510.10 |
| Canola Mar 2019 (updated 1:53PM(CST) on 8/10/2018) | 520.00 | 511.00 | 514.40 | -4.40 | 514.40 |
| Canola May 2019 (updated 1:52PM(CST) on 8/10/2018) | 523.00 | 514.70 | 518.60 | -4.40 | 518.60 |
| Canola Jul 2019 (updated 1:53PM(CST) on 8/10/2018) | 520.00 | 515.80 | 520.00 | -4.10 | 520.00 |
| Soybeans Aug 2018 | 886.25 | 845.25 | 845.25 | -42.50 | 846.00 |
| Soybeans Sep 2018 | 893.00 | 849.50 | 850.00 | -43.00 | 850.75 |
| Soybeans Nov 2018 | 903.75 | 860.25 | 860.75 | -43.25 | 861.75 |
| Soybeans Jan 2019 | 915.00 | 872.50 | 873.00 | -42.50 | 873.50 |
| Soybeans Mar 2019 | 923.75 | 884.25 | 884.75 | -40.25 | 885.00 |
| Soybeans May 2019 | 934.00 | 895.75 | 895.75 | -39.50 | 896.50 |
| Soybean Meal Aug 2018 | 333.90 | 323.50 | 323.50 | -10.50 | 323.50 |
| Soybean Meal Sep 2018 | 332.70 | 321.10 | 321.50 | -11.10 | 321.70 |
| Soybean Meal Oct 2018 | 333.40 | 321.50 | 321.70 | -11.70 | 322.10 |
| Soybean Oil Aug 2018 | 28.51 | 28.20 | 27.99 | -0.43 | 27.99 |
| Soybean Oil Sep 2018 | 28.67 | 28.00 | 28.09 | -0.46 | 28.10 |
| Soybean Oil Oct 2018 | 28.76 | 28.11 | 28.22 | -0.43 | 28.20 |
| Corn Sep 2018 | 369.75 | 357.00 | 357.25 | -12.00 | 357.75 |
| Corn Dec 2018 | 383.50 | 370.75 | 371.25 | -11.50 | 371.75 |
| Corn Mar 2019 | 394.75 | 382.25 | 382.75 | -11.25 | 383.25 |
| Corn May 2019 | 401.25 | 389.00 | 389.25 | -11.50 | 390.25 |
| Corn Jul 2019 | 407.00 | 394.75 | 395.25 | -11.00 | 396.00 |
| Oats Sep 2018 | 265.50 | 259.00 | 256.75 | -4.75 | 256.75 |
| Oats Dec 2018 | 275.00 | 265.75 | 266.75 | -4.00 | 266.50 |
| Oats Mar 2019 | 278.50 | 270.25 | 270.75 | -5.00 | 270.75 |
| Oats May 2019 | 273.00 | 273.00 | 273.00 | -5.00 | 273.00 |
| Oats Jul 2019 | 276.00 | 276.00 | 276.00 | -5.00 | 276.00 |
| Wheat Sep 2018 | 574.00 | 545.75 | 546.50 | -18.00 | 546.75 |
| Wheat Dec 2018 | 595.50 | 568.25 | 569.00 | -17.50 | 569.50 |
| Wheat Mar 2019 | 615.50 | 589.50 | 591.00 | -16.00 | 591.00 |
| Wheat May 2019 | 621.50 | 597.25 | 599.00 | -15.75 | 598.75 |
| Wheat Jul 2019 | 608.75 | 589.00 | 590.50 | -13.75 | 590.75 |
| Spring Wheat Sep 2018 | 633.00 | 606.50 | 608.75 | -21.00 | 608.75 |
| Spring Wheat Dec 2018 | 650.25 | 623.75 | 626.00 | -21.00 | 626.00 |
| Spring Wheat Mar 2019 | 660.00 | 636.75 | 639.00 | -18.50 | 639.00 |
| Spring Wheat May 2019 | 665.75 | 644.75 | 646.50 | -16.75 | 646.50 |
| Spring Wheat Jul 2019 | 665.75 | 650.25 | 648.75 | -14.75 | 648.75 |
| Hard Red Wheat Sep 2018 | 585.50 | 559.00 | 559.00 | -19.50 | 559.75 |
| Hard Red Wheat Dec 2018 | 610.50 | 584.50 | 584.50 | -19.75 | 585.00 |
| Hard Red Wheat Mar 2019 | 629.75 | 605.75 | 606.25 | -18.00 | 606.50 |
| Hard Red Wheat May 2019 | 639.50 | 617.75 | 619.00 | -15.75 | 618.75 |
| Hard Red Wheat Jul 2019 | 629.75 | 612.50 | 613.50 | -12.50 | 613.75 |
| Live Cattle (P) Aug 2018 | 108.72 | 107.15 | 108.50 | 0.25 | 108.25 |
| Live Cattle (P) Oct 2018 | 109.55 | 108.20 | 109.40 | 0.35 | 109.25 |
| Live Cattle (P) Dec 2018 | 113.50 | 112.18 | 113.35 | 0.38 | 113.10 |
| Feeder Cattle (P) Aug 2018 | 150.40 | 148.45 | 149.95 | 0.60 | 149.90 |
| Feeder Cattle (P) Sep 2018 | 149.70 | 147.70 | 149.68 | 0.66 | 149.52 |
| Feeder Cattle (P) Oct 2018 | 149.75 | 147.92 | 149.62 | 0.42 | 149.48 |
| Lean Hogs (P) Aug 2018 | 55.62 | 54.70 | 54.88 | -0.09 | 54.80 |
| Lean Hogs (P) Oct 2018 | 54.07 | 50.75 | 51.20 | -0.20 | 51.18 |
| Lean Hogs (P) Dec 2018 | 49.35 | 46.90 | 47.60 | 0.27 | 47.48 |
| Canadian Dollar Aug 2018 | 0.7647 | 0.7606 | 0.7612 | -0.0059 | 0.7612 |
| Crude Sep 2018 | 67.87 | 66.14 | 67.67 | 0.86 | 67.63 |
