Chicago Mercantile Exchange feeder cattle futures extended gains to record highs on Wednesday while live cattle futures set a contract high before pulling back.
U.S. livestock: Feeder cattle extend rally to new highs
U.S. grains: Corn rises after setting contract lows on favorable US crop prospects
Chicago Board of Trade corn futures turned higher on Wednesday after favorable U.S. crop conditions pushed prices to contract lows.
CBOT weekly: USDA/weather in focus for corn and soybeans
Midwestern conditions favourable
Warm Midwestern temperatures and timely precipitation weighed on corn and soybean futures at the Chicago Board of Trade coming out of the Independence Day long weekend. Weather should remain a major market driver through the growing season, although some short-term direction could come from the monthly United States Department of Agriculture supply/demand estimates due out on July 11.
ICE Canada Weekly: Canola’s slide likely to continue
If dryness not alleviated, canola would turnaround
With the speculative fund selling and relatively decent crop conditions on the Canadian Prairies, a broker said canola futures have little option but to continue falling back.
Artificial intelligence put to work on extension
Farm Credit Canada, Results Driven Agriculture Research unveil AI tool designed to produce ‘timely advice’ for farmers
Farm Credit Canada and Results Driven Agriculture Research (RDAR) have unveiled a generative artificial intelligence tool called Root
Manitoba Crop Report: Rains not enough to curb dryness
Some areas receive deluge; others still dry
Many areas of Manitoba received varied amounts of rainfall during the week ended July 6, 2025. However, it was not enough to replenish moisture in some areas.
Prairie forecast: Potential to turn cool and wet
Forecast issued July 9, covering July 9 to 16, 2025
For this forecast period we are starting off with a large area of high pressure over Ontario and an equally large area of low pressure over the Yukon. The clockwise flow around the Ontario high, combined with the counterclockwise flow around the Yukon low, is creating a widespread southerly flow across the Prairies. This should lead to one more day of warm temperatures across the western Prairies and a couple more days over the eastern half.
U.S. livestock: Record highs in cattle futures
Cattle futures on the Chicago Mercantile Exchange continued to set new records on Tuesday, as improving packer margins, strong demand and chart-based buying provided support. August feeder cattle futures were up by 5.400 cents per pound at 319.125 cents per pound. The August live cattle contract gained 4.075 cents per pound at 219.975 cents at […] Read more
U.S. grains: Corn futures slip further as US crop conditions improve
Chicago Board of Trade corn futures extended losses on Tuesday to approach a 2025 low as improved U.S. crop ratings and forecasts for more benign weather fueled expectations for a bumper harvest.
Cyber-Savvy Farmer
