Chicago cattle futures continued to climb, Tuesday, on anticipated tariffs on Brazilian beef and low herd numbers.
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U.S. grains: Corn, soy futures extend slide on milder weather forecasts
Chicago corn and soybean futures fell on Tuesday for a third straight session as forecasts for cooler Midwest temperatures this week and continued periodic rains reinforced expectations for ample U.S. harvests, analysts said.

Less rain, more wheat: How Australian farmers defied climate doom
Australia’s research system, focus on closing yield gap help drive success
Australia's gains in wheat farm productivity have exceeded those in the United States, Canada and Europe and continue to rise while those of other developed markets slow or reverse.

Canada says Australia has re-opened market access for beef and beef products
Australia has lifted a 22-year-old ban on the import of Canadian beef and beef products, the Canadian Food Inspection Agency said in a statement on Tuesday.

China’s soymeal glut raises demand doubts ahead of US soybean export season
China's appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports earlier in 2025 and tepid demand from animal feed producers have pushed up soymeal inventories at home, trade sources said.

Potash miner K+S reports Q2 core profit miss, confirms 2025 guidance
German potash and salt miner K+S, which has a site at Bethune, Saskatchewan, on Tuesday reported second-quarter core profit below expectations but reaffirmed its 2025 guidance.

Klassen: Lower U.S. calf crop supports Canadian feeder cattle market
For the week ending July 26, Western Canadian feeder cattle markets were relatively unchanged from seven days earlier. Yearlings off grass weighing 900 pounds plus were very strong and may have been up $3 to $5 from the previous week.

U.S. grains: Corn futures hit two-week low; soy slides, wheat steadies
U.S. corn futures hit a two-week low on Monday and soybeans also fell as market players continued to brace for large crops and forecasts called for milder, non-threatening weather in the Midwest production belt.

U.S. complaints about protectionist Canadian dairy policy hypocritical, report argues
American, Canadian dairy sectors employ similar protectionist tactics says Mussell
Despite criticisms of Canadian dairy policy, the American dairy industry has many of the same protectionist tendencies Canada does, writes Al Mussell in a new policy paper.

Dryness reduces Australian wheat output says USDA attaché
Less area to harvest, reduced yields
With dry conditions in Australia’s southern production regions, the United States Department of Agriculture attaché in Canberra projected reduced wheat production for 2025/26. The attaché wrote in their report released on July 28 that Western Australia, South Australia and Victoria had low soil moisture levels going into wheat planting and there was below-average autumn rains.