Markets
Confirmation of a record-large corn crop in the United States should keep feed grain bids in Western Canada under pressure in the near term, as the domestic market works to remain competitive.
Markets
Canada’s public wheat breeding under review
Producer contributions account for about half of the total public wheat varietal research and development costs
Canada’s public wheat breeding system is under review. The report is due in March.
USDA report pressures corn, shifts wheat outlook
Analysts break down timely market signals in the latest One Beer Markets Update
The United States Department of Agriculture supply and demand report released Jan. 12 sent corn futures lower and shifted expectations for wheat. Soybeans saw little overall change. The implications were unpacked in the latest One Beer Markets Update from the Western Producer Markets Desk. Analyst Jerry Klassen of Resilient Capital joined Phil Franz-Warkentin to walk through the […] Read more
U.S. grains: Corn, soybeans recover from 3-month low on technical bounce
Chicago | Reuters – Chicago corn and soybean futures steadied on a technical bounce on Wednesday after sliding to their lowest since October this week, with traders weighing larger-than-anticipated U.S. supply forecasts, Chinese demand and crop prospects in South America. Wheat futures were little changed as the market also paused following losses triggered by U.S. […] Read more
U.S. livestock: Cattle futures retreat on profit taking
Chicago | Reuters – Chicago Mercantile Exchange cattle futures slid on Wednesday on a round of profit taking following multi-month highs set during the previous session, analysts said. Cattle futures had climbed the previous day on a tight cattle supply and strong packer demand. “We were fairly overbought in the short term, so you saw […] Read more
ICE Weekly: All eyes on Carney in China
Jamie Wilton, trader for RJ O’Brien in Winnipeg, said he and the canola trade is watching and waiting while Prime Minister Mark Carney visits China this week.
CBOT Weekly: Expect sideways trading for now
Look for trading of soybeans, corn and wheat at the Chicago Board of Trade remain sideways for the balance of January, perhaps longer, said Ryan Ettner, broker with Allendale Inc. in McHenry, Ill.
FranceAgriMer cuts non-EU wheat export forecast and raises EU shipments
Farm office FranceAgriMer on Wednesday cut its forecast for French soft wheat exports outside the European Union in 2025/26, to 7.50 million metric tons from 7.60 million expected last month, but still more than double the volume shipped in 2024/25.
Prairie CWRS wheat bids firm to start 2026
Canada Western Red Spring wheat bids moved higher in early January, as support from a weaker Canadian dollar countered the bearish influence of small declines for spring wheat futures in the United States.
Large gap in canola ending stocks between AAFC, USDA
There’s a 760,000-tonne difference in the ending stocks for Canada’s 2025/26 canola crop respectively estimated by Agriculture and Agri-Food Canada and the United States Department of Agriculture. Aside from that, the canola data from AAFC and the USDA remain quite similar.
