Trade discussions between Canada and the United States as well as dry weather have driven canola’s rally on the Intercontinental Exchange during the week ended July 2, 2025.
Tag Archives United States
ICE Weekly: Trade talks, weather lifting canola prices
Multiple factors driving canola’s rally
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.
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.
ICE Canada Weekly: Canola to move with the weather
Announcement pending on 45Z biofuel tax credit
As May winds down the prospect of rain saw canola futures on the Intercontinental Exchange fall back on May 28, with the old crop July contract taking the biggest hit.
Price slip increases wheat’s competitiveness
Canadian wheat prices had been the highest among major exporters, but they have now dropped to the middle of the pack SASKATOON — Canada’s wheat prices have become more competitive of late, according to the U.S. Department of Agriculture. They were the highest of all the major exporters from November 2023 through June 2024, but […] Read more
Brazil moves into top spot in world corn export market
Corn growers in the United States are not relinquishing their crown just yet. Brazil is taking over as the world’s top corn exporter in 2022-23, for only the second time in history. The previous year was 2012-13 when there was a severe drought in the U.S. Brazil’s exports in 2022-23 are estimated at 56 million […] Read more
USDA increases corn, drops soy estimates
The November soybean futures contract jumped US$74.25 per tonne on June 30, the day the report was released, while the December corn futures contract fell $33.75.
Argentine bean crop suffers amid fourth year of drought
Production losses could be severe for one of Canada’s main competitors as a lack of rain and potential frost risk threaten crops.
Brazil’s bin-busting corn crop poised to drive down prices
This will be a momentous year in the corn market, says analyst Todd Hultman. Brazil is poised to export 53 million tonnes of the crop in 2022-23, compared to 45 million tonnes for the United States. “They are easily passing us on the export total, and that’s the first time in history we have seen […] Read more
