Markets
Australian wheat inventories will likely be much higher than last year at the end of the season, pressuring prices, because of a drop in Chinese imports and competition from ample supplies out of rival exporter Russia, analysts and traders said.
Markets
Weak Chinese demand leaves Australia with too much wheat
Grain deliveries up on year in April: StatCan
Barley the lone exception
Almost all major grains delivered in April had notable increases from the previous April, Statistics Canada reported on May 26.
U.S. grains: Corn and soy fall on Trump recommendations for EU tariffs
Chicago corn and soy futures eased on Friday ahead of a long weekend in the U.S., after President Donald Trump posted on social media that he recommended a 50 per cent tariff on goods from the European Union.
U.S. livestock: Cattle mixed as report shows inventory down
Chicago cattle futures were mixed on the eve of the Memorial Day weekend as this month's cattle on feed report showed a decline in inventory. Hogs fell.
Alberta spring planting slows, but remains ahead of average
Good levels of soil moisture provincewide
Despite some delays, spring planting in Alberta remained well ahead of the five-average, according to the May 23 report from the province's agriculture department.
Wheat bids rise across Western Canada
Hard red spring wheat bids in Western Canada found some strength during the week ended May 22, as gains in the United States futures more than countered the bearish influence of a rising Canadian dollar.
U.S. grains: Chicago wheat futures dip as short-covering rally fades
Chicago wheat futures fell on Thursday as a short-covering rally earlier this week that took prices to a one-month peak petered out, with traders seeing limited threats to Northern Hemisphere crops despite adverse weather concerns.
U.S. livestock: Cattle futures climb ahead of Memorial Day holiday weekend
Chicago Mercantile Exchange live cattle turned higher on Thursday, as traders adjusted their positions ahead of the Memorial Day holiday weekend and wholesale prices continued to rise on consumer beef demand, market analysts said.
Feed grains: Barley steady heading into growing season
Feed barley prices in Western Canada were holding relatively firm in mid-May, although seasonal price trends in the feed market typically see values start to come down in mid-June as the new crop harvest approaches
Early planting could result in above-average corn yields in North America
Carryout stocks for old crop remain tight in U.S., making it most competitive on world market
Optimal conditions for planting could mean a record corn crop in the United States.