Markets
For the week ending June 28, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Volumes moving through the ring were limited and the quality was quite variable.
Markets
U.S. livestock: Cattle futures up on higher wholesale prices, buying interest
Chicago Mercantile Exchange cattle futures ended higher on Friday under support from stronger wholesale boxed beef prices and buying interest, though concerns over waning consumer demand for beef continued to linger over the market, analysts said.
U.S. grains: Chicago corn, soybeans recover from multi-month lows
Chicago corn and soybean futures rose on Friday from multi-month lows, supported by short covering and a weakening dollar, analysts said.
Canadian farmers planted fewer canola acres than expected, StatCan projects
StatCan revises 2024/25 canola output
In something of a surprise, Statistics Canada lowered its projection for planted canola acres in 2025/26, with other oilseeds reaping some of the benefits. As well, StatCan adjusted its numbers for Canadian wheat.
Prairie wheat prices weaker on sharp drop in U.S. futures
Stronger loonie adds more pressure
Cash prices for spring wheat across the Canadian Prairies fell hard during the week ended June 26, while those for amber durum nudged up slightly.
U.S. livestock: Chicago hogs down on USDA report, cattle slightly up
Chicago lean hog contracts dipped as a U.S. Department of Agriculture report showed inventories slightly up. Cattle futures were unchanged to slightly up.
Big global wheat crop expected to pressure prices
World wheat stocks could climb to 271 million tonnes by the end of 2025-26, up from 264 million tonnes at the end of 2024-25.
There will be plenty of wheat in the world in 2025-26, say analysts.
Feed Grains Weekly: Prices to remain in a ‘funk’ for now
Feed prices on the Canadian Prairies have slipped over the last week and are poised to remain flat to the end of the year, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
U.S. grains: Chicago corn, soy linger at multi-month lows as weather weighs
Chicago Board of Trade corn and soybean futures hovered around multi-month lows on Thursday, with corn again notching life-of-contract lows, as favourable U.S. weather and expectations of record Brazilian crops maintained supply pressure.
Mexico moves from durum exporter to importer
The rapid decline in the country’s exports is attributed to a combination of unfavourable weather and reduced acres
Mexico is shifting from being a major exporter of durum to an importer of the crop in 2025-26, says an analyst.
