Markets
Alberta saw its overall crop rating improve, but its surface soil became drier, the province’s latest crop report said.
Markets
Alberta crop ratings nudge up
But ground drier
Prairie wheat bids strengthen
Durum down
Hard red spring wheat bids in Western Canada strengthened during the week ended July 3, as gains in the United States futures and dryness concerns in parts of the Prairies provided support.
World food prices tick higher in June, led by meat and vegetable oils
Global food commodity prices edged higher in June, supported by higher meat, vegetable oil and dairy prices, the United Nations' Food and Agriculture Organization said on Friday.
U.S. grains: Corn, soy rise ahead of holiday weekend as traders monitor US weather
U.S. corn and soybean futures firmed on Thursday on short covering and positioning ahead of the long U.S. Independence Day holiday weekend and a speech by President Donald Trump in farm-state Iowa later on Thursday.
U.S. livestock: CME lean hogs drop as pork prices decline, cattle higher
Chicago Mercantile Exchange lean hog futures fell on Thursday on lower cash market prices, while cattle futures posted modest gains despite lower beef values as tight supplies continue to underpin the market, analysts said.
USDA attaché forecasts larger Chinese corn, wheat crops
But imports drop over last two years
Corn and wheat production in China is expected to increase in 2025/26, the United States Department of Agriculture attaché in Beijing said in a report released July 3.
Saskatchewan fertilizer manufacturer set to triple capacity
Northern Nutrients’ expansion will triple production of two sulphur fertilizer products to 150,000 tonnes from 50,000 tonnes
Northern Nutrients, a manufacturer of nitrogen sulphur fertilizers, is expanding its facilities near Saskatoon to triple its manufacturing capacity.
ICE Weekly: Trade talks, weather lifting canola prices
Multiple factors driving canola’s rally
Trade discussions between Canada and the United States as well as dry weather have driven canola’s rally on the Intercontinental Exchange during the week ended July 2, 2025.
U.S. livestock: Cattle rebound, hogs gain
Chicago cattle futures rebounded on Wednesday after dropping on Tuesday over news the U.S. Department of Agriculture would gradually reopen borders to Mexican cattle imports.
CBOT Weekly: Turning towards a weather market
Area, stocks reports have little influence
Soybeans and corn on the Chicago Board of Trade are heading toward a weather market, said Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago. The move comes after two reports from the United States Department of Agriculture issued on June 30.
