Canadian canola exports continued to stay far above those in 2023/24, the Canadian Grain Commission reported earlier in January. In the CGC's monthly report those outbound shipments of canola from licensed facilities at the end of November reached 3.84 million tonnes which are up by more than 80 per cent from a year ago.
Canadian canola exports surging in 2024/25
China top customer
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.
Feed Grains Weekly: Demand lull to keep prices lower for now
Increases unlikely until late February
As January began, feed grain prices on the Canadian Prairies remained lower and are likely to stay that way until spring, commented broker Evan Peterson of JGL Commodities in Saskatoon.
Second spring wheat futures market on the horizon
Making the smallest contract even smaller - analyst
The CME Group has plans to launch a new Hard Red Spring Wheat futures and options market in the second quarter of 2025, rivalling the Minneapolis hard red spring wheat contracts now traded through the MIAX platform.
Pulse Weekly: India extends duty-free period
But two months not enough to spur price increases
Canadian yellow pea producers may have received something of a Christmas present from the Indian government late last month, as the duty-free period for India’s yellow pea imports was extended from Dec. 31 to Feb. 28.
Dry weather could affect Argentina oilseed harvest: USDA attaché
Buenos Aires desk estimates differ from USDA numbers
Dry weather in Argentina could affect the country's oilseeds as harvest approaches, reported the United States Department of Agriculture attaché in Buenos Aires.
Canadian Prairies, U.S. Midwest to get colder in January as South America becomes hotter, drier
Some warmer temps for Prairies during week of Jan. 6
Meteorologist Drew Lerner said he expects colder than normal temperatures across the Canadian Prairies and much of the United States Midwest in January, while a good portion of South America is to be hotter than normal.
StatCan issues crush, delivery reports
Canola crush, deliveries step back in November
Statistics Canada published its crush and grain deliveries reports on Dec. 24.
Most organic commodity prices remain firm heading into the holidays
Organic grain prices held steady in December, as industry participants reflected on the past year and considered what a new administration in the United States could mean for the North American markets in 2025. “(Prices) are in a holding pattern until we know what’s going to happen with the U.S. situation,” commented Harro Wehrmann of […] Read more
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