Canola and pulse groups have noticed a thawing in tensions between China and Canada as Carney heads to China for high-level meetings.
Markets
Canola growers hope for breakthrough at China-Canada meeting
Tensions between the two countries appear to have eased recently
U.S. grains: Corn drops to 12-week low on report of massive stocks, record harvest
Chicago | Reuters – U.S. corn futures plunged on Monday after the U.S. Department of Agriculture reported that U.S. farmers and grain companies held the most corn in storage ever as of December 1, after growers harvested a record-breaking crop that was even bigger than previously expected. During the trading session, the most-active corn futures […] Read more
U.S. livestock: Cattle futures rise, hogs fall on WASDE
Chicago cattle futures rose while hogs slipped back as the USDA raised its forecast for 2026 pork and beef production. Most-traded February live cattle futures gained 1.525 cents to close at 235.250 cents per pound. April contracts settled at 236.075 cents a pound, up 1.400 cents. Most-active March feeder cattle closed at 356.175 cents a […] Read more
January WASDE report very bearish
Nearby corn futures were down US$0.23 per bushel, soybean values fell $0.15 and wheat was down a nickel following the World Agricultural Supply and Demand Estimates report
SASKATOON — The U.S. Department of Agriculture’s January WASDE report is often seen as a market mover, and the latest one did not disappoint. “It was a very surprising report, and unfortunately, not surprising in the direction we would have liked,” said DTN lead analyst Rhett Montgomery. About an hour after the report was released, […] Read more
USDA, attachés differ on South American soybeans
Prior to the January supply and demand report being released by the United States Department of Agriculture, its attachés in Argentina and Brazil issued their respective reports on oilseed production for 2025/26.
Larger U.S. corn carryout forecast; soybeans/wheat also up
Corn ending stocks in the United States for 2025/26 will be much larger than earlier expectations, according to updated supply/demand tables from the U.S. Department of Agriculture.
U.S. grains: Soybean futures rise on active Chinese buying
Chicago | Reuters – U.S. soybean futures edged higher on Friday on increased Chinese demand for American supplies. Wheat and corn futures finished nearly unchanged as traders adjusted positions in agricultural markets ahead of the release of much-anticipated U.S. Department of Agriculture crop data on Monday. China’s Sinograin bought at least 10 cargoes of U.S. […] Read more
U.S. livestock: Most cattle, hog futures down
Chicago mercantile exchange cattle futures fell to end the week. Hog futures were also mostly down. Most-active February live cattle futures closed at 233.725 cents a pound, down 1.550 cents. April futures settled down 1.550 cents at 234.675 cents a pound. Most-traded March feeder cattle futures lost 3.025 cents to close at 354.700 cents a […] Read more
U.S. grains: Wheat futures backpedal as US rains ease weather worries
Chicago | Reuters – U.S. wheat futures backpedaled from their highest levels in nearly two weeks on Thursday as rains eased concerns over dry weather in U.S. growing areas, analysts said. Corn futures set their highest level in more than a week before finishing slightly lower, and soybeans also slipped. Traders adjusted positions in the […] Read more
U.S. livestock: Cattle, hog futures rebound
Chicago cattle and hog futures regained lost ground on Thursday. Most-active February live cattle futures closed at 235.275 cents a pound, up 0.750 cents. April live cattle gained 1.050 cents to settle at 236.225 cents per pound. Most-traded March feeders closed at 357.725 cents a pound, up 2.225 cents. January feeders settled at 362.475 cents […] Read more
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