Close up view of a ripe wheat field west of Marcelin, Saskatchewan.

Large wheat supply pressures prices

Prices are expected to continue falling despite an increase in demand due to lower production in major importers

SASKATOON — World wheat prices are likely to continue falling as more bumper crops are harvested, says an analyst. Argus Media estimates that the top eight exporters in the world will harvest a record 421 million tonnes of the crop in 2025-26. It is forecasting 484 million tonnes of total supply, well above the previous […] Read more

Wheat is being augered into the box of a grain truck.

Wheat demand strong but futures still bearish

Basis levels have improved, but it hasn’t been enough to make up for the drop in futures prices

Wheat exports from North America have been quite strong so far this crop year, with both the United States and Canada off to a good start.


Photo: Clinton Austin/Getty Images Plus

U.S. livestock: Cattle regain ground, hogs dip

Chicago cattle futures regained ground on Wednesday after falling off a cliff late last week. Most-active December live cattle contracts closed at 230.900 cents a pound, up 4.325 cents. February futures settled at 229.450 cents, up 5.350 cents per pound. Most-traded January feeder cattle futures gained 9.150 cents to close at 334.025 cents per pound. […] Read more





Photo: Greg Berg

CBOT weekly: Trade talks in focus

Optimism over thawing trade relations between the United States and China gave soybean futures at the Chicago Board of Trade a boost during the week ended Oct. 29, with the advances in the soy market spilling into corn and wheat.