Reading Time: 2 minutes March 31 will be a busy day in the commodities market with the United States Department of Agriculture scheduled to release two major reports. At 11 am CDT on that Monday, the USDA will issue its grain stocks as of March 1 report along with its prospective plantings estimates for this spring.
CBOT Weekly: USDA plantings, stocks reports out March 31
Corn should be the winner in both reports
Modest corn production increases for Mexico, South Africa
Both countries face challenges to greater output
Reading Time: < 1 minute Corn production in Mexico and South Africa are expected to increase in 2025/26, according to the United States Department of Agriculture attachés in Mexico City and Pretoria.
Brazil continuing to expand its soybeans
Attache calls for record output, exports
Reading Time: 2 minutes With Brazil's planted and harvest soybean area to expand by 900,000 hectares in 2026, the United States Department of Agriculture attaché; in Brasilia forecast production to increase 3.50 million tonnes at record 173 million.
U.S. wheat sees most notable changes in March S/D report
Reading Time: 2 minutes No change was the central theme to the March supply and demand report from the United States Department of Agriculture issued on March 11. In most categories of the World Agricultural Supply and Demand Estimates (WASDE), the USDA kept the same data as in its February report.
Pulse Weekly: China includes peas in tariff threat
India extends duty-free period on yellow pea imports
Reading Time: 2 minutes Canadian yellow peas were hit with bad news on March 7, but the pulse received good news on March 10. In the bad news, China announced that Friday it's prepared to impose 100 per cent tariffs on its pea imports from Canada effective March 20, as well as imports of canola oil and canola meal. Plus there are to be 25 per cent levies on imports of Canadian pork and aquatic products.
Oats swinging higher, but rangebound
Futures no longer connected to cash market
Reading Time: 2 minutes As oat futures fluctuate on the Chicago Board of Trade, they remain rangebound, said Progressive Ag analyst Tom Lilja in Fargo, N.D. However, to Scott Shiels of Grain Millers Canada in Yorkton, Sask. there’s a disconnect between those futures and cash prices for oats.
Feed Grains Weekly: Prices feeling the tariff pressure
This is a bit of an overreaction says broker
Reading Time: 2 minutes Even before tariffs were imposed by United States President Donald Trump on March 4, the levies were having an impact on Western Canadian feed grain prices, said Jay Janzen of CorNine Commodities in Lacombe, Alta.
China’s pulses to inch higher in 2024/25 says USDA attaché
Production has been shrinking
Reading Time: 2 minutes Total pulse production in China has been projected to increase slightly to 983,000 tonnes in 2024/25 compared to the 959,000 tonnes harvested the year before, according to the United States Department of Agriculture's attaché; in Beijing.
Feed Grains Weekly: Overbooked end-users worried about tariffs on Canadian beef
Feed wheat, U.S. corn too expensive
Reading Time: 2 minutes There won't be a whole lot of movement of feed grains on the Canadian Prairies any time soon, stated Darcy Haley, vice-president of Ag Value Brokers in Lethbridge. He said not only are the end-users overbooked, but the relentless uncertainty over tariffs continues to dominate the cattle industry across Western Canada.
ICE Canada Weekly: Canola set to climb higher
Supplies getting tighter
Reading Time: 2 minutes Canola has been on something of a tear for about a month with increases in 16 of its last 20 sessions on the Intercontinental Exchange as of Feb. 12. Despite a great amount of political chaos surrounding all of the markets, the Canadian oilseed is poised to climb higher for the rest of February, said broker Tony Tryhuk of RBC Dominion Securities in Winnipeg, Man.
A message from April Stewart, Country Guide's Associate Editor
