Chicago Mercantile Exchange cattle futures rose for a third-straight session Wednesday on strong cash cattle prices, as feeder cattle followed, analysts said.

U.S. livestock: Live cattle futures close at highest since May on strong cash prices

Brazil farmer lobby asks to lift soybean ban from deforested Amazon rainforest
A farmers' lobby in Brazil is seeking to end a two-decade-long agreement that forbids grain traders from buying soybeans from farms on deforested land in the Amazon rainforest, claiming the deal has created an uneven playing field.

ICE Canada Weekly: Canola could enter narrow range
Soyoil, loonie, StatCan report among supportive factors
As the turnaround in canola continued, analyst said there are three factors underpinning the swing upward. David Derwin, commodities futures advisor for Ventum Financial in Winnipeg, pointed to the gains made by soyoil futures on the Chicago Board of Trade, the weakening of the Canadian dollar, and the reduction in the canola harvest made by Statistics Canada.

Saskatchewan Pulse Growers invest in weed research
The Saskatchewan Pulse Growers have announced plans to invest $3.67 million in five new weed science research projects.

CBOT Weekly: WASDE report brings surprise cut to corn
A larger-than-expected cut to corn carryout in the USDA's monthly WASDE report on Dec. 10 affected prices at the Chicago Board of Trade.

Canadian beef producers urged to lean into coalitions with U.S. producers to ward off Trump tariff threats
Relationships developed between Canadian, American and Mexican cattle producers during country-of-origin labelling discussions more than a decade ago may help protect Canadian cattlemen from damaging tariffs proposed by US president-elect Donald Trump, said the former head of the national cattle organization.

Lawsuit accuses major food companies of marketing ‘addictive’ food to kids
Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing 'ultra-processed'; foods to be addictive to children, causing chronic disease.

Russia to plant more oilseeds as wheat’s profitability falls
Russia may increase the planting of oilseeds next year as farmers look for more profitable crops to replace low-margin crops such as wheat, Russia's main agricultural export, said Dmitry Rylko, head of the IKAR consultancy, on Wednesday.

More than 50 per cent chance of La Niña in coming months, WMO says
There is more than a 50 per cent chance of La Niña developing in the next three months, the World Meteorological Organization (WMO) said on Wednesday, but if it does it will be relatively weak and short-lived.

Prairie forecast: Cold start for the east, overall warm, dry expected
Forecast issued Dec. 11, 2024, covering Dec. 11 – Dec. 18, 2024
To start this forecast period, the strong area of low pressure that tracked through the eastern Prairies is now over Hudson Bay. The rotation around this low is opening the door for a strong, very cold Arctic high to build southwards into the eastern Prairies. This looks to bring some of the coldest temperatures so far this winter to eastern Saskatchewan and western Manitoba. The good news is that it doesn't look like the cold air will stick around long.