Reading Time: 2 minutes Bargain buying and short covering lifted U.S. corn futures on Monday after the market slid to contract lows on expectations for strong U.S. output, traders said.
Cereals
U.S. grains: Corn rebounds from contract lows on short covering, bargain buying
Prairie Wheat Weekly: U.S. futures pressure Canadian prices
Weather varied across Prairies
Reading Time: 2 minutes Pressure on U.S. futures and variable weather conditions on the Prairies brought Western Canadian wheat bids down during the week ended July 10, 2025.
Dryness poised to threaten Saskatchewan crops
Growing conditions vary across province
Reading Time: 2 minutes Crops in Saskatchewan are developing in opposite directions, the province’s latest crop report said. Growing conditions in the province vary, with some areas receiving enough rain while other locations are experiencing crop stress due to hot, dry conditions.
Feed Grain Weekly: Prices in a slow decline
Seasonal weakness, rains pressure barley
Reading Time: 2 minutes Seasonal weakness and recent rains across the Prairies pressured feed grain prices according to a Moose Jaw-based trader.
Alberta crop ratings nudge up
But ground drier
Reading Time: 2 minutes Alberta saw its overall crop rating improve, but its surface soil became drier, the province’s latest crop report said.
Prairie wheat bids strengthen
Durum down
Reading Time: < 1 minute Hard red spring wheat bids in Western Canada strengthened during the week ended July 3, as gains in the United States futures and dryness concerns in parts of the Prairies provided support.
USDA attaché forecasts larger Chinese corn, wheat crops
But imports drop over last two years
Reading Time: 2 minutes Corn and wheat production in China is expected to increase in 2025/26, the United States Department of Agriculture attaché in Beijing said in a report released July 3.
Feed grain weekly: Canadian barley area down
Supplies to tighten
Reading Time: < 1 minute Canadian farmers planted their smallest barley crop in eight years in 2025, with tightening supplies likely going forward.
CBOT Weekly: Turning towards a weather market
Area, stocks reports have little influence
Reading Time: < 1 minute 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
About 50 to 70 per cent of normal precipitation
Reading Time: 2 minutes 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.
A message from April Stewart, Country Guide's Associate Editor
