Canada's minister of foreign affairs spoke with her Chinese counterpart while in Malaysia last week, the federal government said.

Canada’s foreign affairs minister spoke with Chinese counterpart, federal government says

China soybean imports hit record June high on strong Brazil shipments
China’s soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil.

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. grains: Corn sets contract lows on expectations for big US crop
Chicago Board of Trade corn futures set contract lows and soybean futures sagged on Friday on expectations that beneficial weather for U.S. crops will lead to bumper harvests, analysts said.

U.S. livestock: Cattle strength continues
Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, hitting fresh highs to end the week.

Senft to step down as CEO of Seeds Canada
The founding CEO of the five-year-old organization will stay on until January 2026
Barry Senft, the founding CEO of the five-year-old Seeds Canada organization is stepping down as of January 2026.

BASF cuts 2025 outlook as tariffs weigh on global economy
Germany's BASF said on Friday that it was lowering its full-year outlook, citing weaker-than-expected global economic growth and reduced demand for its chemicals due to U.S. tariffs.

Farm groups’ response to new Trump tariffs muted
Trump repeats dairy tariff claims in justification of 35 per cent tariffs on Canadian goods
Farm groups’ response has been muted, thus far, in the face of U.S. President Donald Trump’s announced 35 per cent tariffs on Canadian goods. Goods under CUSMA are expected to continue to be exempted. Trump again brought up dairy tariff claims in justification for higher tariffs.

USDA adjusts supply/demand estimates
Corn/soybean yields unchanged
Corn and soybean yields in the United States were left unchanged in the latest supply/demand estimates from the U.S. Department of Agriculture, released July 11, although a reduction in harvested area led to small downward revisions to production for the crops.

USDA cuts US corn stocks outlook after raising exports to record high
The U.S. Department of Agriculture lowered its U.S. corn supply forecast in a monthly supply-and-demand report on Friday and raised its outlook for U.S. exports of the grain this season to a record high following a strong pace of overseas shipments.