The International Grains Council on Thursday maintained its forecast for 2025/26 global corn production with a slightly improved outlook for crops in the United States offset by downward revisions for Hungary and Romania.
IGC maintains 2025/26 world corn and wheat crop forecasts
Larger U.S. crop offset by reductions elsewhere
U.S. grains: Soybean futures jump on hopes for US export demand
Chicago Board of Trade soybean futures jumped on hopes for U.S. export demand on Wednesday, while corn futures rose for a third day to extend a recovery from contract lows, analysts said.
Canada announces steel tariffs on some trade partners
Carney introduces $1 billion fund for steel industry projects
Prime Minister Mark Carney on Wednesday said Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic steel industry.
Australia nears breakthrough canola deal with China, sources say
Phytosanitary rules have restricted Australia’s canola exports to China
Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to China, sources familiar with the matter said, a move towards ending a years-long freeze in the trade.
U.S. grains: Corn futures edge up, soybeans sag on improving US crop ratings
Chicago Board of Trade corn futures extended slight gains on Tuesday as short covering and bargain buying continued to support a rebound from contract lows reached during the previous session.
Meatpackers rethink beef exports to US after Trump tariffs, industry lobby says
Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50 per cent tariff on Brazil last week, Roberto Perosa, president of Brazilian beef lobby ABIEC, said.
Canada’s annual inflation rate in June up slightly to 1.9 per cent
Rise in prices led by durable goods, clothing, footwear
Canada's annual inflation rate rose to 1.9 per cent in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data showed on Tuesday.
U.S. grains: Corn rebounds from contract lows on short covering, bargain buying
Bargain buying and short covering lifted U.S. corn futures on Monday after the market slid to contract lows on expectations for strong U.S. output, traders said.
China soybean imports hit record June high on strong Brazil shipments
China’s soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil.
U.S. grains: Corn sets contract lows on expectations for big US crop
Chicago Board of Trade corn futures set contract lows and soybean futures sagged on Friday on expectations that beneficial weather for U.S. crops will lead to bumper harvests, analysts said.
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