Markets
U.S. soyoil futures surged their daily limit on Friday and soybeans hit a three-week high after President Donald Trump's administration proposed biofuel blending requirements that were above trade expectations, analysts said.
Markets
U.S. livestock: Cattle drop sharply; hogs mixed
Chicago cattle futures dropped sharply on Friday while hogs ended the day mixed.
USDA adjusts Canadian canola exports, ending stocks
Data varies from AAFC numbers
There were some notable changes to Canadian canola made in the United States Department of Agriculture world oilseed report issued on June 12. The USDA increased its call on 2024/25 canola exports and trimmed those for 2025/26, and reduced carryout projections for both marketing years.
Prairie wheat bids dip with U.S. futures, rising loonie
Durum narrowly mixed
Hard red spring wheat bids in Western Canada softened during the week ended June 12, as losses in the United States futures and strength in the Canadian dollar weighed on values.
US EPA proposes higher biofuel blending volumes through 2027
The Trump administration on Friday proposed to increase the amount of biofuels that oil refiners must blend into the nation’s fuel mix over the next two years, driven by a surge in biomass-based diesel mandates.
ADM sets off ‘frenzy’ in US soybean market ahead of new biofuel blend rule
U.S. officials are expected to propose biofuel blending requirements below industry recommendations
Archer-Daniels-Midland, a major U.S. soybean crusher and biofuel producer, slashed its bids to buy the oilseed this week ahead of an expected Trump administration announcement on biofuel blending requirements, a primary driver of demand for soybean oil - and a prospective source of demand for Canadian canola.
U.S. grains: Soybeans hit 1-wk low on demand worries; wheat sags, corn firms
U.S. soybean futures fell to one-week lows on Thursday as weak domestic cash markets, poor weekly export sales and worries about the size of U.S. biofuel mandates raised fears about demand for the oilseed, brokers said.
U.S. livestock: Cattle mostly lower; hogs mostly up
Most Chicago cattle futures slipped back on Thursday while most hog futures made slight gains.
Feed grain weekly: Larger world barley crop expected in 2025/26
USDA predicts 2.5 million-tonne increase on year
Global barley production in 2025/26 is forecast to increase by 2.5 million tonnes in 2025/26, with larger crops in the European Union and Russia more than countering smaller crops elsewhere, according to the latest estimates from the United States Department of Agriculture.
USDA makes small cuts to corn, wheat ending stocks
Few changes the central theme in June report
The June supply/demand report from the United States Department of Agriculture contained very few changes from May. The USDA issued its World Agricultural Supply and Demand Estimates on June 12, showing some declines for U.S. corn and wheat ending stocks, while those for soybeans were unchanged.
