Canadian farmers made heavy deliveries of grains and oilseeds off the combine and into the commercial pipeline this September, with total deliveries of the major crops up 13.3 per cent from the same month the previous year, reported Statistics Canada.
Markets
China to buy 12 million metric tons of soybeans this season, Bessent says
U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January and has committed to buying 25 million tons annually for the next three years as part of a larger trade agreement with Beijing.
India slaps 30 per cent import duty on yellow peas
Move comes less than a week after India confirmed it would be keeping tariffs at zero per cent through March 31, 2026
India has imposed a 30 per cent duty on yellow pea imports with a bill of lading date on or after Nov. 1, 2025.
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 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.
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
U.S. grains: Soybean futures hover near 15-month high after China buys U.S. cargoes
Chicago Board of Trade soybean futures hovered near a 15-month high on Wednesday after trade sources said China made its first purchases from the autumn U.S. harvest ahead of a summit between leaders Donald Trump and Xi Jinping.
ICE Canada Weekly: Canola could climb higher through to spring
With harvest pressure on canola over, the Canadian oilseed could track higher until spring, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg, Man. Although he cautioned there will be some rough patches along the way.
Trump’s handling of the beef market isn’t helping matters
It appears U.S. president Donald Trump’s knowledge of the beef industry is pretty much limited to his taste for Big Macs.
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.
Markets