Although crop conditions in Saskatchewan were good, the province’s latest crop report said development continued to fall behind normal for this time of year. Saskatchewan Agriculture pointed to the cooler temperatures and wet conditions as why development has been slower this year.

Saskatchewan’s crops remain in good shape, but are still behind

Diverging weather between Prairies, Midwest
Weather conditions across the Canadian Prairies and the United States Midwest will likely take somewhat different paths during the first half of July, according to Drew Lerner, president of World Weather Inc. in Overland Park, Kan.

CBOT Weekly: Still at the behest of the weather
United States corn and soybean crops continued to remain at whatever whims the weather brings, according to John Weyer of Walsh Commercial Hedging Services in Chicago.

Brazil pushing towards wheat self-sufficiency
The USDA attaché in the country’s capital of Brasilia said the expansion of wheat will include cultivating “tropical wheat” in the savanna-like region in central Brazil known as the Cerrado biome. These varieties of tropical wheat are reported to be better resistant to dry weather.

Increased soybean output to come for Brazil
Ahead of the July supply and demand report from the United States Department of Agriculture, its attaché in Brasilia projected larger soybean production in 2024/25. However, the attaché pegged their soybean estimates below the USDA’s official numbers.

Prairie Wheat Weekly: Most Canadian cash prices step back with U.S. declines
Cash wheat prices across the Canadian Prairies were mostly to the downside for the week ended June 27, as the United States wheat complex was steady to lower. That resulted in losses for Canada Prairie Red Spring Wheat, and Canadian Western Amber Durum, while Canadian Western Red Spring Wheat was mixed.

Feed Grains Weekly: ‘Going to be a lot of grain’ says broker
Feed grain prices took a sharp drop across most of the Canadian Prairies during the week of June 24, as a broker pointed to the potential for good crops this year as the reason why.

ICE Canada Weekly: Canola bouncing around in a large range
Although canola futures on the International Exchange have lost a fair bit of value over the last several weeks, there is a case to be made that the Canadian oilseed is rangebound.

Pulse Weekly: Outlook for chickpeas is good
Canadian chickpea acres are most likely going to increase in Statistics Canada’s planted acreage report due out on June 27, according to Colin Young of Midwest Gran Inc. in Moose Jaw, Sask.

ICE Canada Weekly: Little to propel canola upward
Canola across most of the Prairies appeared to be in good shape during the second last week of June, with very little prospect of a major rally according to a trader.