Reading Time: 2 minutes Of Australia's three largest winter crops for 2024/25, canola production was projected to be down from the previous year. Meanwhile, estimates for wheat and barley output were forecast to be higher than a year ago.
Australia’s canola improves but still lower than 2023/24
Bumps up wheat estimate, trims barley outlook
ICE Canada Weekly: Uncertainty weighs on canola
Reading Time: 2 minutes As the Canadian canola industry remained braced for whatever may come from China in regard to tariffs, a sharp blow to the oilseed arose from a much different source. United States President-elect Donald Trump threatened Canada and Mexico with 25 per cent tariffs on their goods imported by the U.S. effective Jan. 20, the day he’s sworn in.
Prairie Wheat Weekly: Spring wheat rises, durum falls back
Reading Time: 2 minutes Spring wheat cash prices were higher for the week ended Nov. 21, but those from amber durum stepped back. Support came from higher United States wheat futures, that were pushed upward by heightened tensions in the Russia-Ukraine war. However, Prairie prices also felt the weight of a stronger Canadian dollar.
Feed Grain Weekly: Prices ‘percolating sideways’
Transportation issues push up barley prices
Reading Time: < 1 minute As winter conditions descended on Alberta, prices for feed grains bumped up a little, but were otherwise "percolating sideways," stated Jim Beusekom of Market Place Commodities in Lethbridge.
CBOT Weekly: Pros and cons for U.S. soybeans, corn, wheat
Reading Time: 2 minutes As the likelihood of tariffs loom over United States soybean, corn and wheat exports, that trio of commodities has been facing their share of pros and cons, said analyst Tom Lilja of Progressive Ag in Fargo, N.D.
Barley, Canola, Cereals, Corn, Crops, Lentils, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Only small changes in latest AAFC estimates
Reading Time: 2 minutes There were only small changes to the updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC) released Nov. 19. All of the other data in the AAFC report were carried over from its October report.
Canadian agriculture minister visits China
MacAulay in China week of Nov. 11
Reading Time: 2 minutes The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.
ICE Canada Weekly: Sideways trading likely until Trump sworn in
Uncertainty over policies of president-elect
Reading Time: 2 minutes As to where canola and other grains go in the coming months is somewhat uncertain, said analyst Wayne Palmer of Exceed Grain in Winnipeg. He pointed directly at the incoming Trump administration in the United States and the policies the president-elect has been touting.
USDA lowers U.S. soybean/corn yield estimates
Reading Time: 2 minutes There were a few tweaks to the latest monthly report from the United States Department of Agriculture released on Nov. 8. The World Agricultural Supply and Demand Estimates not only lowered yields for U.S. corn and soybeans, the department reduced the ending stocks for both.
CBOT weekly outlook: Trio of events loom over U.S. soybeans, corn
Reading Time: 2 minutes The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.
A message from April Stewart, Country Guide's Associate Editor
