Markets
There were several increases in the producer deliveries major grains report for March compared to a year ago, according to Statistics Canada on April 28. However, there were notable decreases in canola and rye from March to March.
Markets
Higher deliveries in most grains; Canola drops back March to March
Canola drops back March to March
U.S. grains: Soybeans weaken on positioning, China’s tariff talk denials
Chicago soybeans fell down after multiple days of advances on Friday as many traders exited the market on positioning and news that China was denying claims by U.S. President Donald Trump that the two countries are in tariff talks.
U.S. livestock: Chicago lean hogs resume climb
Chicago lean hog futures resumed an upward trajectory on Friday after Thursday's dip while live cattle fluctuated on either side of unchanged.
CWRS bids dip with U.S. futures, CPSR firm
Spring wheat prices for week ended April 24
Hard red spring wheat bids in Western Canada moved lower during the week ended April 24, but other wheat varieties held firm despite losses in the United States futures.
Brazil to export more soy to China amid trade war, Abiove says
Brazil will export more soybeans to China and more soymeal to its main clients in Europe, the Middle East and Southeast Asia in 2025 amid the trade war between the United States and China, a director at industry group Abiove said on Thursday.
U.S. livestock: Hogs slip on news China cancelled some U.S. pork shipments
Most Chicago lean hog futures slid on Thursday as the U.S. Department of Agriculture reported China had canceled 12,000 metric tons of U.S. pork exports in the week ending April 17.
U.S. grains: Soybeans gain strength as investors hope for more demand outside China
Chicago soybean futures rose for a fourth session on Thursday to hold at a two-month high as the potential for demand outside of China appeared to be rising, and comments by U.S. officials on a possible de-escalation in the trade standoff with that country continued to lend some support to the oilseed market.
Feed Grain Weekly: Prices rise on seasonality
C$3 to C$5/tonne weekly increases reported
Feed prices in the Lethbridge area during the week ended April 24 were slightly higher as growers get deeper into springtime.
Chinese influence is alternating trade flows for wheat
Unlike the U.S., China has not imposed tariffs on developing countries in the global south, cementing its position as the trade leader for these countries
China has a strategic long term plan when it comes to the trade war. The top 20 developing countries in the world are in the global south. This includes the Middle East, North Africa, Asia Pacific and sub-Sahara Africa. Last year, China announced zero tariffs on these developing countries in the global south which cemented its position as the trade leader for these countries. You guessed it, these regions are all major wheat importers and with the Chinese influence, they are not looking at the U.S. any longer for food security.
ICE Canada Weekly: Canola in a good position
July contract to hit C$700/tonne, just when?
Canola futures are expected to climb higher on the Intercontinental Exchange in the coming weeks, commented Phil Speiss, trader with RBC Dominion Securities in Winnipeg. How quickly that happens is dependent on whether demand rationing kicks in or not.