Outgoing Prime Minister Justin Trudeau's Liberal Party said late on Thursday it will choose a new leader on March 9 ahead of the 2025 elections for which polls show the party in a very weak position.

Federal liberals to choose new leader on March 9

Prairie Wheat Weekly: Cash prices step back
Stronger greenback weakens U.S. wheat
Western Canadian cash prices for spring wheat and amber durum were lower during the week ended Jan. 9.

Tentative labour deal heads off US port disruption; Trump credited
A tentative labor deal forestalled potentially damaging trade disruptions at three-dozen U.S. East Coast and Gulf of Mexico ports, with both sides in the talks crediting President-elect Donald Trump for clearing the way for them to hammer out a deal on automation.

Germany confirms first case of foot-and-mouth disease in nearly 40 years
German authorities confirmed the country's first outbreak of foot-and-mouth disease in nearly 40 years on Friday in a herd of water buffalo on the outskirts of Berlin.

U.S. grains: Soybeans, corn rise as traders position ahead of USDA report
Chicago soybean and corn futures ticked up on Thursday as traders squared positions ahead of a major U.S. Department of Agriculture supply-and-demand report due on Friday.

U.S. livestock: Cattle futures take back losses to hit fresh highs
Chicago Mercantile Exchange cattle futures hit fresh highs on Thursday after Wednesday’s technical reversal.

Feed Grains Weekly: Demand lull to keep prices lower for now
Increases unlikely until late February
As January began, feed grain prices on the Canadian Prairies remained lower and are likely to stay that way until spring, commented broker Evan Peterson of JGL Commodities in Saskatoon.

Second spring wheat futures market on the horizon
Making the smallest contract even smaller - analyst
The CME Group has plans to launch a new Hard Red Spring Wheat futures and options market in the second quarter of 2025, rivalling the Minneapolis hard red spring wheat contracts now traded through the MIAX platform.

China accelerates efforts to boost crop yields, ensure food security
China will accelerate the breeding of new soybean and corn varieties and prioritize yield improvements for key grains and oil crops, as part of broad efforts to ensure food security, the agriculture ministry said in a statement late on Wednesday.

Idemitsu to begin trial of non-edible oilseed crop for aviation fuel
Idemitsu Kosan will begin a trial plantation of the non-edible oilseed tree crop Pongamia in Australia from mid-January to assess its potential as a feedstock for sustainable aviation fuel (SAF), the Japanese crude oil refiner said on Thursday.