Harvest operations are underway in Manitoba, according to the latest provincial crop report as of Aug. 12 noting that winter cereals and early spring grains and field peas were starting to come off the fields.
Markets

Harvest begins in Manitoba: Report
Weekly report as of Aug. 12, 2025

U.S. livestock: Cattle futures continue gains, hogs slide
Chicago cattle futures made gains for the second day running while lean hog contracts settled with small losses.

Chinese anti-dumping duties shut market to Canadian canola
With diminished supplies a pull-back of exports was already expected analysts say
China has effectively shut the door on purchases of Canadian canola by announcing a preliminary anti-dumping duty of 75.8 per cent on imports of the oilseed to start on Thursday, Aug. 14.

Klassen: Strong demand supports feeder complex
For the week ending August 9, Western Canadian feeder cattle markets traded $5 to $10 higher on average. Many weight categories notched fresh record highs. Ontario demand was evident across western Canada for calves and yearlings.

U.S. grains: Corn dives after USDA projects bin-busting US harvest, soybeans rise
U.S. corn futures plunged to contract lows on Tuesday after the Department of Agriculture projected a record-shattering corn harvest this year as farmers planted more acres than expected and the crop faced few weather challenges this summer.

Record yields forecast for U.S. corn and soybeans
Corn at 188.8 bu./ac. soybeans at 53.6 bu./ac.
Record large corn and soybean yields are expected in the United States this year, according to the latest estimates from the U.S. Department of Agriculture released Aug. 12.

China launches anti-dumping investigation into Canadian pea starch
Probe is expected to last a year
China launches anti-dumping investigation into Canadian pea starch

U.S. livestock: Cattle, hogs make gains
Chicago cattle futures closed with small gains on Monday after Friday's fall. Lean hog futures were also up.

U.S. grains: Soybeans rally after Trump urges China to buy more U.S. beans
U.S. soybean futures rallied to a two-week high on Monday after U.S. President Donald Trump said he hoped China would quadruple its soybean buying from the United States and as forecasts of hot, dry U.S. weather sparked some concern about yields.

Trump urges China to quadruple soybean orders
Analysts say quadrupling soybean orders is ‘highly unlikely’
U.S. President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though analysts were quick to question the feasibility of any such deal.