Industry thinks China’s rapeseed crop is way smaller than the official government estimate. The country’s canola imports will also be down, so there will be a lot of unmet demand.
Markets
Short rapeseed crop may put China in a bind
China’s rapeseed crop could be smaller than reported, hastening an early resolution of its canola dispute with Canada
U.S. grains: Soybeans rebound as market weighs China prospects
Chicago soybean futures ticked higher on Thursday, continuing the previous day’s rebound as the market assessed chances for a resumption in Chinese demand following comments by U.S. President Donald Trump.
Feed barley under pressure, watching to see ‘who blinks first’
Ample supplies and a lack of demand are weighing on Western Canadian feed barley in early October, with both buyers and sellers reluctant to push values one way or the other.
Good progress made in Sask. harvest
Combining in Saskatchewan is in the home stretch as the province’s agriculture department reported it at 84 per cent complete. Although the harvest advanced 16 points during the week ended Sept. 29, it was eight points behind the five-year average.
Genesis Fertilizers seeks government funding
Company says the mega-project fits with the federal government’s plans for Canada to be more self-sufficient
Genesis Fertilizers is actively seeking funding from government and a strategic partner. The company dispelled a rumour that DL E&C has abandoned the project.
U.S. livestock: Cattle choppy amid weak cash market, tight supply
Chicago | Reuters – Chicago Mercantile Exchange cattle futures traded both sides of unchanged on Wednesday as mixed-to-weaker cash markets and a continued tight supply of cattle buffeted futures, analysts said. Industry experts said the U.S.-Mexico border is likely to be closed to cattle imports for the foreseeable future as the flesh-eating screwworm parasite spreads. […] Read more
China’s canola, soybeans imports to drop one million tonnes each
China is expected to import one million tonnes less of canola in 2025/26 than in the previous marketing year, the United States Department of Agriculture attaché in Beijing projected. China was projected to acquire 3.10 million tonnes of canola this year versus 4.10 million in 2024/25.
ICE Weekly: Canola could relive March lows: analyst
Canola futures on the Intercontinental Exchange are being pressured by the harvest and a lack of export demand. One analyst said they could fall to their March lows.
U.S. grains: Chicago grains, soy rebound after Trump announces meeting with Xi
Chicago soy futures rebounded on Wednesday from below the psychological $10 threshold after U.S. President Donald Trump said soybeans will be a major topic of discussion when he meets with Chinese President Xi Jinping in four weeks.
CBOT Weekly: Trading being guided by emotions
Emotional trading was guiding activity at the United States commodity markets, said Ryan Ettner, broker with Allendale Inc. The McHenry, Ill.-based Ettner said that particularly held true for Chicago Board of Trade soybeans and corn to a lesser extent.
Markets