U.S. soybean futures declined for the first time in four sessions on profit taking on Thursday after a rally ignited by the U.S. government's lower-than-expected harvest outlook took prices to six-week highs.
Daily news
U.S. grains: Soybeans retreat as demand worries overshadow USDA’s production cut
U.S. livestock: Cattle slip on profit taking, technicals after weak beef export data
Chicago Mercantile Exchange cattle futures retreated on Thursday in a profit-taking and technical setback after three sessions of gains and as disappointing weekly beef export sales data weighed on the market.
Canada looking at support for canola farmers hit by China tariffs, says Carney
Canada is focusing on a series of measures to support canola farmers hit by China's latest tariffs, Prime Minister Mark Carney said on Thursday, but did not give specific details.
Feed grains weekly: USDA ups global coarse grain estimate
Production up 4.4 per cent on year
Total world coarse grain production in 2025/26 is forecast to be up by 25 million tonnes from earlier estimates, largely due to increased corn production in the United States, according to the latest Feed Outlook from the U.S. Department of Agriculture, released Aug. 14.
Poilievre promises EV action and calls for canola compensation
The Conservative leader’s Saskatchewan pit stop named the gas vehicle ban and canola tariffs as rural threats.
Conservative leader Pierre Poilievre promises EV action and calls for canola compensation
Rains help late crops in Saskatchewan, but delay harvest
Harvest progress at two per cent complete
Widespread rains across Saskatchewan during the week ended Aug. 11 brought much needed moisture to later seeded crops still filling. However, the precipitation slowed desiccation operations and may hurt the quality of earlier seeded crops, said the weekly provincial report.
JBS sees US cattle cycle improving from late 2027
JBS turns Q2 profit despite challenging operating environment
U.S.-based beef-packers will continue to reel from low cattle availability for about three or four quarters, with gradual improvements of the U.S. cattle herd happening gradually from late 2027, meatpacking giant JBS said on Thursday.
Brief La Niña expected in fall 2025 before more stable pattern returns says U.S. forecaster
A brief period of La Nina conditions is favoured in the fall and early winter 2025-26 before reverting to a more stable El Nino-Southern Oscillation (ENSO) neutral, the U.S. Climate Prediction Center said on Thursday.
Deere’s quarterly profit falls as U.S. tariffs bite farm equipment margins
Deere & Co reported a lower third-quarter profit and tightened its annual profit forecast on Thursday, as U.S. tariffs dent margins on its farm equipment, sending the company's shares down six per cent.
Importers struggle to resell Canadian canola meal caught in China tariff crossfire
Importers are struggling to resell several cargoes of Canadian canola meal that arrived in China after Beijing imposed hefty import tariffs on the protein-rich ingredient, three trade sources said.