The U.S. Department of Agriculture lowered its U.S. corn supply forecast in a monthly supply-and-demand report on Friday and raised its outlook for U.S. exports of the grain this season to a record high following a strong pace of overseas shipments.
Markets — page 6

USDA cuts US corn stocks outlook after raising exports to record high

Prairie Wheat Weekly: U.S. futures pressure Canadian prices
Weather varied across Prairies
Pressure on U.S. futures and variable weather conditions on the Prairies brought Western Canadian wheat bids down during the week ended July 10, 2025.

U.S. grains: Wheat futures rise on supply snags in top-exporter Russia
U.S. wheat futures closed higher on Thursday on concerns over the limited availability of supplies for export in Russia, analysts said.

Dryness poised to threaten Saskatchewan crops
Growing conditions vary across province
Crops in Saskatchewan are developing in opposite directions, the province’s latest crop report said. Growing conditions in the province vary, with some areas receiving enough rain while other locations are experiencing crop stress due to hot, dry conditions.

Feed Grain Weekly: Prices in a slow decline
Seasonal weakness, rains pressure barley
Seasonal weakness and recent rains across the Prairies pressured feed grain prices according to a Moose Jaw-based trader.

U.S. again halts cattle imports from Mexico over flesh-eating screwworms
The flesh-eating livestock pest New World screwworm has advanced closer to the U.S. border with Mexico, the U.S. Department of Agriculture said, prompting Washington to block imports of Mexican cattle just days after it allowed them to resume at a port of entry in Arizona.

U.S. livestock: Feeder cattle extend rally to new highs
Chicago Mercantile Exchange feeder cattle futures extended gains to record highs on Wednesday while live cattle futures set a contract high before pulling back.

U.S. grains: Corn rises after setting contract lows on favorable US crop prospects
Chicago Board of Trade corn futures turned higher on Wednesday after favorable U.S. crop conditions pushed prices to contract lows.

CBOT weekly: USDA/weather in focus for corn and soybeans
Midwestern conditions favourable
Warm Midwestern temperatures and timely precipitation weighed on corn and soybean futures at the Chicago Board of Trade coming out of the Independence Day long weekend. Weather should remain a major market driver through the growing season, although some short-term direction could come from the monthly United States Department of Agriculture supply/demand estimates due out on July 11.

ICE Canada Weekly: Canola’s slide likely to continue
If dryness not alleviated, canola would turnaround
With the speculative fund selling and relatively decent crop conditions on the Canadian Prairies, a broker said canola futures have little option but to continue falling back.