Reading Time: 2 minutes As activity at the Chicago Board of Trade shifts into holiday mode through the New Year, independent analyst Terry Reilly pointed to three things to watch over the next few weeks.
News
CBOT Weekly: Watching for Chinese soybean purchases
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.
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.
National Farmers’ Union proposes guaranteed basic income for farmers
Reading Time: 3 minutes The National Farmers Union (NFU) plans to lobby the federal government for farmers to be guaranteed an annual basic income of $50,000.
Trump administration backs Bayer’s bid to curb Roundup lawsuits
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Reading Time: 3 minutes U.S. President Donald Trump’s administration urged the U.S. Supreme Court to take up Bayer’s bid to curtail lawsuits claiming its Roundup herbicide causes cancer.
Sustainability disclosure ‘ticket to play’ in emerging global market
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Reading Time: 2 minutes Panellists at CSSB event Sustainability Disclosure in Canada: Overcoming the Headwinds discussed the future of ESG standards, which have the potential to change Canadian agriculture’s business environment.
Seeds Canada announces Dan Wright as new CEO
Reading Time: < 1 minute Seeds Canada has announced Dan Wright as its new chief executive officer.
Australia raises wheat harvest estimate by nearly two million tonnes
Reading Time: 2 minutes Australia’s ABARES raised its forecast for national wheat production this season by around 1.8 million tonnes to 35.6 million tonnes, cementing expectations for a bumper harvest that will add to abundant global supply and pressure prices.
Spain deploys military to contain African swine fever near Barcelona
Reading Time: 2 minutes Spain has called in its military to help contain an outbreak of African swine fever near Barcelona, a move aimed at protecting the country’s multi-billion-euro pork export industry.