Chicago Mercantile Exchange live cattle and feeder cattle futures set record highs on Wednesday as cash prices stayed strong, along with consumers' demand for beef, brokers said.

U.S. livestock: Cattle futures set record highs on scarce supplies

U.S. grains: Soybean futures extend losses on favorable US weather, weak demand
Chicago Board of Trade soybean futures fell for the fourth consecutive session on Wednesday, dragged down by favourable weather across the U.S. Midwest and sluggish export demand, analysts said.

Prairie forecast: Sunny and warm with a chance of rain
Forecast issued July 30, covering July 30 to August 6, 2025
This forecast period is looking much more stable and predictable as a large area of high pressure dominates the Prairie region.

Bangladesh to buy 220,000 tons of U.S. wheat to cool tariff tension
Bangladesh's government has approved the purchase of about 220,000 metric tons of wheat from the United States as part of efforts to cool trade tensions and reduce steep import tariffs imposed by President Donald Trump's administration, a Dhaka official said on Wednesday.

Locusts spread in Ukraine’s south as war disrupts control measures
A massive locust invasion is threatening sunflower and other crops in Ukraine's southern regions, largely caused by the war against Russia's invasion that makes it impossible to use traditional pest control methods, officials and producers say.

Bank of Canada holds rates steady and says global trade war risk has eased
The Bank of Canada held its key policy rate at 2.75 per cent for the third time in a row on Wednesday, as expected, and said the risk of a severe and escalating global trade war had diminished.

U.S. grains: Corn, soy futures extend slide on milder weather forecasts
Chicago corn and soybean futures fell on Tuesday for a third straight session as forecasts for cooler Midwest temperatures this week and continued periodic rains reinforced expectations for ample U.S. harvests, analysts said.

Less rain, more wheat: How Australian farmers defied climate doom
Australia’s research system, focus on closing yield gap help drive success
Australia's gains in wheat farm productivity have exceeded those in the United States, Canada and Europe and continue to rise while those of other developed markets slow or reverse.

Canada says Australia has re-opened market access for beef and beef products
Australia has lifted a 22-year-old ban on the import of Canadian beef and beef products, the Canadian Food Inspection Agency said in a statement on Tuesday.

China’s soymeal glut raises demand doubts ahead of US soybean export season
China's appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports earlier in 2025 and tepid demand from animal feed producers have pushed up soymeal inventories at home, trade sources said.