U.S. corn and soybean futures firmed on Thursday on short covering and positioning ahead of the long U.S. Independence Day holiday weekend and a speech by President Donald Trump in farm-state Iowa later on Thursday.
Daily news
U.S. grains: Corn, soy rise ahead of holiday weekend as traders monitor US weather
U.S. livestock: CME lean hogs drop as pork prices decline, cattle higher
Chicago Mercantile Exchange lean hog futures fell on Thursday on lower cash market prices, while cattle futures posted modest gains despite lower beef values as tight supplies continue to underpin the market, analysts said.
USDA attaché forecasts larger Chinese corn, wheat crops
But imports drop over last two years
Corn and wheat production in China is expected to increase in 2025/26, the United States Department of Agriculture attaché in Beijing said in a report released July 3.
Varied moisture/crop conditions in Saskatchewan: report
Weekly report as of June 30, 2025
Varied precipitation across Saskatchewan has led to a wide range of crop conditions, with some of the areas that received moisture also dealing with hail damage, according to the latest provincial crop report for the week ended June 30.
Feed grain weekly: Canadian barley area down
Supplies to tighten
Canadian farmers planted their smallest barley crop in eight years in 2025, with tightening supplies likely going forward.
Canada’s trade deficit narrows in May, US exports drop to lowest since pandemic
Exports to countries other than U.S. rise, but not enough to offset losses like canola exports to China
Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south of the border, data showed on Thursday.
Farm goods holding up U.S.-India trade talks
U.S. and India trade negotiators were pushing on Wednesday to finalize a tariff-reducing deal ahead of President Donald Trump's July 9 negotiating deadline, but disagreements over U.S. dairy and agriculture remained unresolved.
Dairy supply management could sour Canada-US trade talks
Recent legislation may not keep negotiators from discussing supply management, experts say
Supply-managed Canadian dairy could be a sticking point in trade negotiations with the U.S.
ICE Weekly: Trade talks, weather lifting canola prices
Multiple factors driving canola’s rally
Trade discussions between Canada and the United States as well as dry weather have driven canola’s rally on the Intercontinental Exchange during the week ended July 2, 2025.
U.S. livestock: Cattle rebound, hogs gain
Chicago cattle futures rebounded on Wednesday after dropping on Tuesday over news the U.S. Department of Agriculture would gradually reopen borders to Mexican cattle imports.
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