Reading Time: 2 minutes Canola’s sharp drop on Dec. 3 could be the beginning as the trade anticipates a larger canola production estimate from Statistics Canada on Dec. 4.
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ICE Weekly: Trade expects larger StatCan canola estimate
U.S. livestock: Cattle, hog futures rise
Reading Time: < 1 minute Chicago livestock futures marched upward on Wednesday.
Prairie wheat bids mixed to start December
Reading Time: < 1 minute Wheat bids across Western Canada were mixed to start December, with support from gains in the United States futures countered by the bearish influence of a stronger Canadian dollar.
More U.S. soybean shipments to China due to load through mid-December
Reading Time: 2 minutes Shipments of U.S. crops to China are accelerating after a tense tariff war had stalled trade for months, with at least six bulk cargo vessels scheduled to load with soybeans at Gulf Coast terminals through mid-December, according to a shipping schedule seen by Reuters on Tuesday.
Prairie forecast: Northwest flow ushers in a wintery pattern across the Prairies
Reading Time: 3 minutes Manitoba and Saskatchewan can expect cold temperatures to settle in. Alberta will benefit from some moderating influences, with colder temperatures not expected to last long.
U.S. livestock: Cattle strengthen Tuesday
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, with cold temperatures hitting the northern U.S. Plains and Corn Belt lending some support to the futures. The February live cattle contract gained 4.875 cents per pound at 220.005 cents. Feeder cattle were up 8.800 cents in the January contract at 329.875 cents per […] Read more
Larkin to step down as Grain Growers of Canada Executive Director
Reading Time: < 1 minute Kyle Larkin will step down as executive director of Grain Growers of Canada (GGC) at the end of December.
Calling for bigger crops ahead of StatCan report
Reading Time: 2 minutes Statistics Canada will release its first survey-based production estimates for the 2025/26 crop year on Dec. 4, with general expectations for upward revisions to most major crops from the model-based estimates in September. However, as StatCan has shown a tendency to underestimate production in its December reports, many analysts expect actual production may be revised upward in subsequent reports.
U.S. grains: Corn, wheat futures climb on Black Sea tensions
Reading Time: 2 minutes Chicago corn and wheat futures rose on Tuesday, lifted by worries about tensions in the Black Sea grain export region as well as cold weather slowing grain movement in the U.S. Midwest, analysts said. Soybeans were lower.
Pulse weekly: Record Australian pulse crop expected
Reading Time: 2 minutes Australian pulse production is expected to set a record for the second year in a row in 2025/26, with a slight decline in the chickpea crop countered by increased lentil production, said the Australian Bureau of Agricultural and Resource Economics (ABARES) in its December crop report.