Markets
Canada’s pea producers are breathing a sigh of relief after India announced it is extending duty-free access for yellow peas through March 31, 2026.
Markets
India’s pea extension may offset Chinese tariffs
Canada expected to get much of India’s pea business because Russia’s crop will be diverted to China due to the tariff on Canadian peas
Pulse Canada president encouraged by first ministers’ statement
Cherewyk calls for immediate end to China’s tariffs
Greg Cherewyk was pleased with the final communique that came out of the first ministers' conference in Saskatoon on June 2. The statement noted the federal government's commitment to resolving trade issues with China.
U.S. livestock: Substantial prices gains for live, feeder cattle
Cattle futures on the Chicago Mercantile Exchange made substantial gains on Wednesday, aided by a weaker United States dollar. The August live cattle contract gained US$2.600 per hundredweight and ended the day at US$212.350. The August feeder cattle contract rose by a similar amount, gaining US$2.650/cwt. to close at US$303.875. The United States Department of […] Read more
ICE canola weekly outlook: Weather to drive market
Conditions range from too dry to too wet
Weather conditions across the Canadian Prairies will likely be a major driver of the canola futures market in the weeks ahead, as attention shifts from the tight old crop supply situation to the prospects for the new crop.
Good global green lentil production expected this year
Canada and the United States are both looking at sizeable crops, while conditions are also favourable in Russia and Kazakhstan
There is potential for a big increase in green lentil production in 2025-26 after several years of tight supplies, says an analyst.
CBOT Weekly: Crop conditions raise spring wheat prices
Other crop prices firmer, stronger
Spring wheat prices rose, while other prices were firmer or higher during the week ended June 4, 2025.
Wheat markets rebound but headwinds persist
Expectations of a large U.S. winter wheat crop weigh on prices, but dryness supports spring wheat in the futures market
Spring wheat futures markets have managed to bounce off contract lows over the past two weeks and are trading close to a two-month high.
Have the wheat bear markets run their course?
It looks like the worst of the bear market is over; additional moderate losses can’t be ruled out, but deep declines are unlikely
Wheat futures keep trying to rally. Time after time, the rallies fail. The markets seem stuck in low-level ruts.
Spring planting in Manitoba close to finished
Province gets very little rain over the week
Dry conditions continued to spur quick seeding progress in Manitoba, as the provincial agriculture department reported spring planting reached 95 per cent complete as of June 3.
Long-term forecasts for hot, dry summer are worrisome
Generally, weather models predict a growing season that is warmer and drier than normal through much of central North America. That is not a guarantee of lower yields, but it is worrisome.
