U.S. soybean futures fell about two per cent on Thursday as forecasts for much-needed rains in dry areas of Argentina's crop belt and expectations of a massive Brazilian soy harvest sparked a round of profit-taking, analysts said.

U.S. grains: Soy, corn futures retreat on profit-taking

Cuts to U.S. soybean, corn production
U.S. soybean, corn stocks mixed, more winter wheat planted
The United States Department of Agriculture cut its calls for 2024/25 U.S. soybean and corn production in its World Agricultural Supply and Demand Estimates (WASDE) released Jan. 10.

Prairie Wheat Weekly: Cash prices step back
Stronger greenback weakens U.S. wheat
Western Canadian cash prices for spring wheat and amber durum were lower during the week ended Jan. 9.

ICE Weekly: No news means no canola price movement
A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.

StatCan issues crush, delivery reports
Canola crush, deliveries step back in November
Statistics Canada published its crush and grain deliveries reports on Dec. 24.

Barley, Canola, Cereals, Corn, Crops, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, spring-wheat, Winter Wheat
AAFC adjusts monthly estimates, cites caution for canola exports
Impact of China's anti-dumping investigation unknown at this time
Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.

Feed Grains Weekly: Trump looms over Prairie feed market
Weaker Canadian dollar less of an influence
Currently, United States President-elect Donald Trump is more of an influence on Western Canadian feed grain prices than a weaker Canadian dollar said Brandon Motz of CorNine Commodities in Lacombe, Alta.

CBOT Weekly: WASDE report brings surprise cut to corn
A larger-than-expected cut to corn carryout in the USDA's monthly WASDE report on Dec. 10 affected prices at the Chicago Board of Trade.

Thunder Bay grain movement stays strong through November
The Port of Thunder Bay continued to see strong grain movement with only a month to go in the 2024 shipping season. Potash shipments are also up on the year.

Feed Grain Weekly: Barley, corn the same price
Domestic feed barley and United States corn imports are pretty much the same price in Western Canada, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.