Reading Time: < 1 minute The CME Group has plans to launch a new Hard Red Spring Wheat futures and options market in the second quarter of 2025, rivalling the Minneapolis hard red spring wheat contracts now traded through the MIAX platform.
Second spring wheat futures market on the horizon
Making the smallest contract even smaller - analyst
ICE Weekly: No news means no canola price movement
Reading Time: 2 minutes A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.
StatCan issues crush, delivery reports
Canola crush, deliveries step back in November
Reading Time: < 1 minute Statistics Canada published its crush and grain deliveries reports on Dec. 24.
Most organic commodity prices remain firm heading into the holidays
Reading Time: 2 minutes Organic grain prices held steady in December, as industry participants reflected on the past year and considered what a new administration in the United States could mean for the North American markets in 2025. “(Prices) are in a holding pattern until we know what’s going to happen with the U.S. situation,” commented Harro Wehrmann of […] Read more
Prairie Wheat Weekly: Prices mostly lower
Sharp declines in U.S. wheat complex
Reading Time: 2 minutes Western Canadian cash prices for spring wheat stepped back during the week ended Dec. 19, while those for amber durum were mixed.
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AAFC adjusts monthly estimates, cites caution for canola exports
Impact of China's anti-dumping investigation unknown at this time
Reading Time: 2 minutes Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.
Feed Grains Weekly: Trump looms over Prairie feed market
Weaker Canadian dollar less of an influence
Reading Time: < 1 minute Currently, United States President-elect Donald Trump is more of an influence on Western Canadian feed grain prices than a weaker Canadian dollar said Brandon Motz of CorNine Commodities in Lacombe, Alta.
Pulse Weekly: Looking at price shifts in 2024
Production up for most Canadian pulses
Reading Time: 2 minutes Pulses in Canada had quite the year in 2024 with prices closing out the calendar year in the middle of their trading ranges. Production was higher on the year for most pulses. Dry pea output in Canada rose to just short of three million tonnes, up from the 2.61 million harvested in 2023, according to the Statistics Canada principal field crop report issued Dec. 5.
CBOT Weekly: WASDE report brings surprise cut to corn
Reading Time: 2 minutes A larger-than-expected cut to corn carryout in the USDA's monthly WASDE report on Dec. 10 affected prices at the Chicago Board of Trade.
USDA adjusts world, Canadian canola/rapeseed data
Lowers world, Canadian production
Reading Time: 2 minutes The United States Department of Agriculture made a number of revisions to its data for canola/rapeseed in its monthly world oilseed report. On a particular note, the USDA cut its production estimate for Canada, the world's top producer of the oilseed.