Markets
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.
Markets
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.
Canadian agricultural exports set record pace this year
According to the Canadian Grain Commission, weekly exports to June 1 are up by 7.5 million tonnes from last year. The largest rise was in canola.
U.S. grains: Soy, corn futures retreat on weather as US-China optimism cools
Chicago Board of Trade soybean and corn futures drifted lower on Wednesday as initial optimism faded over the U.S. and China agreeing on the framework of a trade truce, and market players shifted their focus back to benign crop weather, analysts said.
U.S. livestock: Chicago cattle dip, lean hogs gain
Nearly all Chicago cattle futures dipped on Wednesday while lean hogs saw gains.
ICE Weekly: Low stocks, dry weather raising canola prices
Upcoming rains could pull prices back
Canola prices were on the rise for the week ended June 11 as depleted stocks and dry weather gave the markets a lift.
CBOT Weekly: ‘Not looking for any fireworks’ in June WASDE
Report unlikely to have notable changes
Do not expect any major changes in the June supply and demand report from the United States Department of Agriculture, said Terry Reilly, senior agricultural specialist for Marex.
Weather less than ideal in many wheat-growing regions
Weather issues are throwing into question forecasts for a record large global wheat crop this year, but wheat futures markets remain cautious.
