Strength in cash markets caused live and cattle futures on the Chicago Mercantile Exchange to rise on Thursday, despite low export numbers reported by the United States Department of Agriculture.
Daily news
U.S. grains: Soybean futures rise on U.S.-China trade optimism
Wheat futures rise amid Russia-Ukraine tensions
Chicago Board of Trade soybean futures climbed to a one-week high on Thursday on optimism about the U.S. trade relationship with China, the world's largest soybean buyer, after leaders of the two countries spoke by phone for more than an hour.
Feed Grain Weekly: Demand, supply matching each other
Dryness having little impact on feed prices
Demand for feed grains continued to hold up fairly good with ongoing dry conditions on the Canadian Prairies not having much of an impact on prices, said Brandon Motz, a manager at CorNine Commodities in Lacombe, Alta.
Saskatchewan few points short of wrapping up spring planting
Topsoil moisture levels down
Farmers in Saskatchewan have virtually wrapped up their spring seeding for 2025, with the provincial agriculture department reporting the crops were 97 per cent planted as of June 2. That's up nine points on the week, three ahead of this time last year and two above the five-year average.
China blocks Canada’s request for review of Chinese duties on agriculture, fish
Next meeting June 23
China has blocked Canada's request to set up a dispute panel to review additional import duties by China on certain Canadian farming products and fish, a Geneva-based trade official said on June 5.
Pulse Canada president encouraged by first ministers’ statement
Cherewyk calls for immediate end to China’s tariffs
Greg Cherewyk was pleased with the final communique that came out of the first ministers' conference in Saskatoon on June 2. The statement noted the federal government's commitment to resolving trade issues with China.
U.S. livestock: Substantial prices gains for live, feeder cattle
Cattle futures on the Chicago Mercantile Exchange made substantial gains on Wednesday, aided by a weaker United States dollar. The August live cattle contract gained US$2.600 per hundredweight and ended the day at US$212.350. The August feeder cattle contract rose by a similar amount, gaining US$2.650/cwt. to close at US$303.875. The United States Department of […] Read more
U.S. grains: Wheat prices climb amid Ukraine-Russia unrest
China's dry weather may impact wheat harvests
U.S. wheat futures rose more than one per cent on Wednesday as signs of a hardening conflict between Ukraine and Russia and worries about dryness in China appeared to spark a round of short-covering, analysts said.
ICE canola weekly outlook: Weather to drive market
Conditions range from too dry to too wet
Weather conditions across the Canadian Prairies will likely be a major driver of the canola futures market in the weeks ahead, as attention shifts from the tight old crop supply situation to the prospects for the new crop.
CBOT Weekly: Crop conditions raise spring wheat prices
Other crop prices firmer, stronger
Spring wheat prices rose, while other prices were firmer or higher during the week ended June 4, 2025.
