ICE canola futures saw some choppy activity during the week ended Nov. 26, falling below nearby support at one point before clawing back from those losses to continue their steady uptrend of the past two months.
ICE canola weekly outlook: Slowly grinding higher
U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted
Cattle futures on the Chicago Mercantile Exchange were weaker on Friday, pressured by the removal of United States tariffs on Brazilian beef announced Thursday. The 40-per cent tariffs were removed by the White House to bring down beef prices and should result in Brazilian beef moving into the U.S. once again. Talk that the U.S. […] Read more
Funds held large net short in canola before U.S. shutdown
Speculative fund traders were adding to a recently-established net short position in canola at the end of September, said the first Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) since the end of the U.S. federal government shutdown.
CBOT weekly: Soybeans watching export news
Soybean futures at the Chicago Board of Trade climbed to their highest levels in a year-and-a-half on Nov. 18, as optimism over increasing sales to China provided support. However, more business will be needed to sustain the upward move, with traders uncertain whether the stated targets will be reached.
U.S. export sales include only small soybean business to China
The United States sold at least 332,000 tonnes of soybeans to China during the government shutdown, with more business to “unknown destinations” also likely headed to the country, according to a cache of daily sales data released by the U.S. Department of Agriculture on Nov. 14.
U.S. corn and soybean yields revised down by USDA
Soybean and corn yields in the United States were revised downward from earlier estimates in updated supply/demand tables from the United States Department of Agriculture released Nov. 14.
Feed grains: Australia looking at another large barley export program
Australia’s 2025/26 barley harvest is underway and early expectations for a record should see the country as an active participant in the world export market going forward.
Prairie CWRS bids rise, other wheats mixed
Canada Western Red Spring (CWRS) wheat bids across the Prairie provinces saw some strength during the week ended Nov. 11, taking some direction from the United States futures. However, other wheat classes were mixed.
2025 set to be among hottest years on record: WMO
With only two months remaining in the year, 2025 is set to be among the top three hottest years on record, according to the State of the Global Climate Update from the World Meteorological Organization (WMO). The mean near-surface temperature in January-August 2025 was 1.42 C above the pre-industrial average, said the WMO report, released […] Read more
U.S. livestock: Cattle futures post limit-down losses
Cattle futures on the Chicago Mercantile Exchange were down by their daily limits on Wednesday, with speculative long liquidation a feature. The December live cattle contract lost 7.250 cents per pound at 220.525 cents. Feeder cattle were down 9.250 cents in the January contract at 319.975 cents per pound. U.S. Agriculture Secretary Brooke Rollins met […] Read more
Cyber-Savvy Farmer
