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.
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Bank of Canada holds rates steady and says global trade war risk has eased
Pulse Weekly: Most lentil prices lower as focus changes to new crop
Lentil prices on the Canadian Prairies eased back during the week ended July 28, said Levon Sargsyan, broker with Johnston’s Grain. Sargsyan noted that’s due to the recent rains that brought relief to some of the dry areas of the region.
U.S. livestock: Cattle climb on low inventory, anticipated tariffs
Chicago cattle futures continued to climb, Tuesday, on anticipated tariffs on Brazilian beef and low herd numbers.
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.
Potash miner K+S reports Q2 core profit miss, confirms 2025 guidance
German potash and salt miner K+S, which has a site at Bethune, Saskatchewan, on Tuesday reported second-quarter core profit below expectations but reaffirmed its 2025 guidance.
Klassen: Lower U.S. calf crop supports Canadian feeder cattle market
For the week ending July 26, Western Canadian feeder cattle markets were relatively unchanged from seven days earlier. Yearlings off grass weighing 900 pounds plus were very strong and may have been up $3 to $5 from the previous week.
U.S. grains: Corn futures hit two-week low; soy slides, wheat steadies
U.S. corn futures hit a two-week low on Monday and soybeans also fell as market players continued to brace for large crops and forecasts called for milder, non-threatening weather in the Midwest production belt.
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