Record large corn and soybean yields are expected in the United States this year, according to the latest estimates from the U.S. Department of Agriculture released Aug. 12.
Record yields forecast for U.S. corn and soybeans
Corn at 188.8 bu./ac. soybeans at 53.6 bu./ac.
Prairie wheat bids weaken in early August
Losses in U.S. futures weigh
Hard red spring wheat bids in Western Canada were weaker during the week ended Aug. 7, as a move to five-year lows in the United States futures weighed on prices.
ICE canola weekly outlook: Spec selling weighs on market
Charts turning bearish
ICE futures canola contracts fell to their lowest levels in two months during the first week of August, with speculative long liquidation behind some of the selling pressure.
ICE canola weekly outlook: Tight carryout supportive
New crop production uncertain
ICE Futures canola contracts were trading within a sideways range heading into the end of the 2024/25 (Aug/Jul) marketing year, with expectations for a tight old crop carryout providing support amid uncertainty over new crop production.
Prairie wheat bids fall with U.S. futures
Durum mixed
Hard red spring wheat bids in Western Canada dropped with the U.S. futures during the week ended July 17, as the advancing U.S. winter wheat harvest and a lack of major concerns for North American spring wheat weighed on values.
Saskatchewan crop conditions vary, but good to fair overall
Recent rains beneficial
Crop conditions across Saskatchewan were variable in mid-July, but in good to fair condition overall, said the weekly provincial crop report.
Canadian Pork Council meets with U.S. and Mexican counterparts
North American pork sector committed to food security, responsible production
Leaders of the North American pork sector reaffirmed their commitment to producing nutritious, sustainable and affordable pork at a recent trilateral meeting held in Niagara on the Lake, Ont.
U.S. pulse group commits to doubling production in five years
USA Pulses new name for organization
The pulse industry in the United States has plans to double production and consumption of pulse crops by 2030, USA Pulses announced at their annual conference held in Spokane, Washington, July 7-10.
Alberta crop conditions improve: report
65 per cent good to excellent provincially
Varied precipitation and warm temperatures were generally beneficial for crop development across Alberta during the week ended July 8, according to the latest provincial crop report released July 11.
U.S. livestock: Cattle strength continues
Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, hitting fresh highs to end the week.
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