Markets
EU crop prospects are vastly improved, which could mean fewer canola and durum imports from Canada.
Markets
European wheat production makes big recovery
European Union does not compete directly with Canadian growers but is still an influential market player
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.
U.S. livestock: Cattle climb on low herd numbers, hogs mostly up
Chicago cattle futures continued to climb on Monday after reports on Friday showed a smaller herd than expected. Hogs settled mostly higher.
USDA attaché sees Canadian wheat production holding firm
Drought, trade issues to watch
All wheat production in Canada is to remain relatively steady in 2025/26 said the United States Department of Agriculture attaché in Ottawa. In the report released on July 28, they forecast 35.15 million tonnes compared to 34.96 million in 2024/25.
U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall
Soybeans slip on slower-than-hoped U.S. export sales
Chicago | Reuters – Chicago Board of Trade wheat futures fell on Friday and notched a weekly loss, as plentiful global supply from ongoing Northern Hemisphere harvests outweighed strong U.S. exports. Corn futures eased on the day, with the most-active contract Cv1 ended the week nearly 2.05 per cent lower, amid expectations of a large […] Read more
U.S. livestock: Cattle futures climb as U.S. herd remains small
Chicago | Reuters – Chicago Mercantile Exchange cattle futures turned higher on Friday, as traders anticipated U.S. government reports would show tight cattle supplies. After the market closed, the U.S. Department of Agriculture reported that the nation’s cattle herd was 94.2 million head as of July 1, a record low for that date. In a separate report, USDA […] Read more
Rain brings relief to parts of Alberta
Some regions improve, other slip back
Major crops throughout Alberta remained relatively steady during the week ended July 22. The provincial agriculture department rated the crops at 65 per cent good to excellent, a dip of one point from the previous week.
Bond market seen as crop price threat
A market analyst says the global bond market is on the verge of collapse, which would be bad for agriculture commodities
A grain market analyst believes the bond market is about to collapse and that could drive down commodity values.
Prairie Wheat Weekly: Wheat, durum cash prices lower on the week
AAFC reduces 2025/26 wheat crop
Cash prices for spring wheat and durum across the Canadian Prairies pulled back during the week ended July 24.
U.S. livestock: Cattle futures fall back ahead of cattle on feed report
Chicago live and feeder cattle futures fell back on Thursday ahead of Friday's cattle on feed report. Hogs were mixed.
