China is considering buying more U.S.-farmed soybeans, President Donald Trump said after what he called “very positive” talks with President Xi Jinping on Wednesday, even as Beijing warned Washington about arms sales to Taiwan.
Markets
ICE weekly: China, soy complex lift canola prices
China’s upcoming lifting of tariffs and rising soyoil prices lifted Canadian canola values for the week ended Feb. 4, 2026.
U.S. grains: Chicago soybeans jump to two-month high on Trump comments
Chicago | Reuters – Chicago Board of Trade soybean futures hit a two-month high on Wednesday following comments by U.S. President Donald Trump about China buying more U.S. soybeans, traders said. In a post on his Truth Social platform, Trump said China is “lifting the Soybean count to 20 Million Tons for the current season […] Read more
U.S. livestock: Cattle futures continue rally on bullish fundamentals
Chicago | Reuters – CME live and feeder cattle futures rose for the third day in a row on Wednesday, on continued support from a tight cattle supply and the ongoing closure of the southern border to Mexican cattle imports, traders said. CME April live cattle LCJ26 finished 0.175 cent higher at 241.80 cents per […] Read more
Winterkill threat minimal for Northern Hemisphere crops
The recent cold snap in North America has raised the possibility of winterkill damage in the U.S. Hard Red Winter and Soft Red Winter growing regions.
Global acceptance grows for gene edited crops
Uncertainty remains despite the positive vibes, and exporters continue to take a cautious approach with the technology
More and more countries have decided that gene edited crops will be treated the same as conventional plant breeding
Alliance with India will have benefits but also challenges
Canada’s warming relations with India could benefit Prairie agriculture and other parts of the economy, but managing the relationship with the emerging superpower will require tact.
Russia targets global seed, farming technology market
Russia, the world’s largest wheat exporter, plans to target global markets with its seeds and technologies to counter an expected shrinking of grain exports caused by increased production in other countries.
Prairie CWRS wheat bids mixed to start February
Canada Western Red Spring wheat bids held relatively steady during the week ended Feb. 3, with small price declines in some areas and increases in others.
Bunge forecasts 2026 profit below estimates on macroeconomic uncertainty
Bunge Global on Wednesday reported a 2026 profit outlook below analysts’ expectations.
Markets