The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT Weekly: S/D report underpinning U.S. corn, soybeans

More winter wheat acres pressures prices

Corn and soybean futures on the Chicago Board of Trade continued to be supported by the latest supply and demand report issued by the United States Department of Agriculture, said analyst Bryan Strommen of Progressive Ag in Fargo, ND. Meanwhile, wheat has been contending with pressure from an increase in acres.









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Prairie forecast: Mild start replaced by Arctic high pressure

Forecast issued January 15, covering Jan. 15 to 22, 2025

We start this forecast period with an area of low-pressure sliding southeastwards through the southern Northwest Territories and into northern Manitoba. This low is pulling mild air northwards, which means a continuation of mild temperatures in Alberta, while Saskatchewan and Manitoba are seeing a rapid rebound from the cold start to the week.




“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg

Canadian canola exports surging in 2024/25

China top customer

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.