Agriculture and Agri-Food Canada raised its 2025/26 carryout forecasts for canola and wheat in its latest supply/demand update released Dec. 17.
Larger Canadian canola and wheat ending stocks expected
ICE canola weekly outlook: Little positive for futures
ICE canola futures fell to their lowest levels in nine months during the week ended Dec. 17, with little supportive news to underpin the market.
CBOT weekly: Sideways trade likely through holidays
Sideways trade is expected to be the norm in the soybean and corn futures markets through the holiday season, as participants continue to get caught up on the data that was delayed during the United States government shutdown.
USDA sees tighter U.S. corn stocks, soybeans and wheat unchanged
The USDA is forecasting tighter U.S. corn ending stocks for 2025/26 due to increased exports. The supply/demand balance sheets for soybeans and wheat were unchanged.
U.S. livestock: Cattle mostly lower Monday
Cattle futures on the Chicago Mercantile Exchange were mostly lower Monday, seeing a modest correction to start the week after rising in early December. The February live cattle contract lost 0.475 cents per pound at 226.675 cents. Feeder cattle were down 2.875 cents in the March contract at 330.425 cents per pound. An estimated 600,000 […] Read more
Record large Canadian wheat and canola crops: Statistics Canada
Canadian wheat and canola production in 2025/26 (Aug/Jul) surpassed early expectations to hit new record highs, according to updated survey-based estimates from Statistics Canada released Dec. 4.
Prairie wheat bids mixed to start December
Wheat bids across Western Canada were mixed to start December, with support from gains in the United States futures countered by the bearish influence of a stronger Canadian dollar.
U.S. livestock: Cattle strengthen Tuesday
Cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, with cold temperatures hitting the northern U.S. Plains and Corn Belt lending some support to the futures. The February live cattle contract gained 4.875 cents per pound at 220.005 cents. Feeder cattle were up 8.800 cents in the January contract at 329.875 cents per […] Read more
Pulse weekly: Record Australian pulse crop expected
Australian pulse production is expected to set a record for the second year in a row in 2025/26, with a slight decline in the chickpea crop countered by increased lentil production, said the Australian Bureau of Agricultural and Resource Economics (ABARES) in its December crop report.
U.S. livestock: Cattle futures turn lower
Cattle futures on the Chicago Mercantile Exchange were weaker on Monday, ending a corrective bounce off nearby lows as high beef prices are said to be limiting consumer demand. The February live cattle contract lost 1.925 cents per pound at 215.925 cents. Feeder cattle were down 2.900 cents in the January contract at 321.075 cents […] Read more
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