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Daily news


Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)
News

Canada’s trade deficit narrows in May, US exports drop to lowest since pandemic

Exports to countries other than U.S. rise, but not enough to offset losses like canola exports to China

By Promit Mukherjee, Reuters July 3, 2025
Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south of the border, data showed on Thursday.

Photo: paresh3d/Getty Images Plus
News, Reuters

Farm goods holding up U.S.-India trade talks

By Reuters July 3, 2025
U.S. and India trade negotiators were pushing on Wednesday to finalize a tariff-reducing deal ahead of President Donald Trump's July 9 negotiating deadline, but disagreements over U.S. dairy and agriculture remained unresolved.


FILE PHOTO: U.S. President Donald Trump and Canadian Prime Minister Mark Carney attend a meeting with G7 leaders and guests, at the G7 summit in Kananaskis, Alberta, Canada,  June 16, 2025.  REUTERS/Kevin Lamarque/File Photo
Livestock, News, Reuters

Dairy supply management could sour Canada-US trade talks

Recent legislation may not keep negotiators from discussing supply management, experts say

By Ed White, Reuters July 3, 2025
Supply-managed Canadian dairy could be a sticking point in trade negotiations with the U.S.

Photo: Greg Berg
Canola, Markets

ICE Weekly: Trade talks, weather lifting canola prices

Multiple factors driving canola’s rally

By Adam Peleshaty July 2, 2025
Trade discussions between Canada and the United States as well as dry weather have driven canola’s rally on the Intercontinental Exchange during the week ended July 2, 2025.


Photo: File
Livestock, Markets

U.S. livestock: Cattle rebound, hogs gain

By Geralyn Wichers July 2, 2025
Chicago cattle futures rebounded on Wednesday after dropping on Tuesday over news the U.S. Department of Agriculture would gradually reopen borders to Mexican cattle imports.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Corn, Markets, Soybeans, spring-wheat, winter-wheat

CBOT Weekly: Turning towards a weather market

Area, stocks reports have little influence

By Glen Hallick Marketsfarm July 2, 2025
Soybeans and corn on the Chicago Board of Trade are heading toward a weather market, said Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago. The move comes after two reports from the United States Department of Agriculture issued on June 30.


Manitoba crops advancing nicely despite below normal moisture
Canola, Cereals, Corn, Forages, Markets, Pulses, Soybeans, spring-wheat, winter-wheat

Manitoba crops advancing nicely despite below normal moisture

About 50 to 70 per cent of normal precipitation

By Glen Hallick Marketsfarm July 2, 2025
Crops in Manitoba continue to develop at a good pace despite a lack of rainfall in some parts of the province, reported Manitoba Agriculture on July 2.

Photo: JHVEPhoto/Getty Images Plus
Markets, Reuters

U.S. grains: Corn and soy climb on bargain buying, positioning ahead of holiday weekend

By Karl Plume, Reuters July 2, 2025
U.S. grain and soybean futures rose on Wednesday in a bargain-buying and technical advance after recent declines and ahead of the Independence Day holiday weekend, with U.S. markets closed on Friday.


FILE PHOTO: Bunge Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
Crops, News

Viterra-Bunge merger a done deal, companies confirm

US$34 billion deal raised concerns about the effects of industry consolidation

By Geralyn Wichers July 2, 2025
Bunge's merger with Glencore-backed Viterra has closed, Glencore confirmed on Wednesday.

Photo: Thinkstock
Weather

Prairie forecast: Stormy start to the west, summer heat to the east

Forecast issued July 2, covering July 2 to 9, 2025

By Daniel Bezte July 2, 2025
We start this forecast period with warm high pressure in place across the eastern Prairies and a developing area of low pressure over Alberta.


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