U.S. soybean and corn futures rose on Thursday to one-month highs, spurred by a jump in crude oil following U.S. sanctions on Russia’s two biggest oil firms along with hopes for progress in U.S.-Chinese trade talks.
U.S. grains: Soybean, corn futures hit one-month highs as crude oil soars
Feed Grains Weekly: Prices in holding pattern
Feed prices on the Canadian Prairies are likely to remain steady for the time being, said Brandon Motz, a manager at CorNine Commodities in Lacombe, Alta.
Cattle group asks Canada to break off U.K. trade agreement
Canadian Cattle Association cites little effort to fix ‘non-tariff barriers,’ which they say have already been a problem for getting Canadian beef market access to the U.K.
New opportunities for Canadian goods in Mexico
Agriculture minister’s trip to Mexico sees promotion of Canadian goods like beef and canola, with potential for more partnerships in the future
IGC raises 2025/26 world wheat crop forecast
The International Grains Council has raised its forecast for 2025/26 global wheat production with crop outlooks upgraded for Russia, the United States and Argentina.
Trump quadrupling Argentina beef tariff rate quota to 80,000 tonnes
U.S. President Donald Trump’s administration is quadrupling the tariff rate quota on Argentinian beef to 80,000 tonnes to reduce prices and protect American farmers, a White House official said on Thursday.
ICE Weekly: No upside for canola if China situation continues: trader
Tony Tryhuk of RBC Dominion Securities said canola should stay rangebound if Canada’s trade war with China continues.
U.S. livestock: Cattle futures drop on Trump call for lower prices
Cattle futures on the Chicago Mercantile Exchange dropped sharply on Wednesday, reacting to comments from United States President Donald Trump calling on the cattle sector to lower prices. The December live cattle contract lost 5.600 cents per pound on Wednesday, at 239.825 cents. Feeder cattle were down their daily limit of 9.250 cents per pound […] Read more
U.S. grains: Soybean futures inch higher on China trade optimism
U.S. soybean futures firmed on Wednesday as traders remained hopeful for progress in trade talks with top soy buyer China and on a Japanese proposal to increase U.S. soy purchases, deals that could help U.S. farmers avert major losses.
CBOT Weekly: China, shutdown guiding the market
The United States grain and oilseed markets are currently dominated by two factors, said Ryan Ettner, broker with Allendale Inc. in McHenry, Ill. Ettner said those are the absence of a trade deal with China and the ongoing United States government shutdown.
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