Below average temperatures in early June delayed Ontario corn and soybean development. Precipitation levels were considered average. Warmer temperatures were needed to advance crop development and enhance yield potential.
Markets/Business — page 19
Wheat heading, world flush with supply
Weather across the U.S. will have a larger influence on prices through the growing season
U.S. livestock: Feeder cattle see sharp drop; hogs slip back
Chicago cattle futures—feeders in particular—dropped sharply on Tuesday. Hogs also slipped back.
U.S. grains: Soybeans end higher, supported by crude oil; wheat rises, corn mixed
Chicago Board of Trade soybean futures closed higher on Tuesday, supported by rising crude oil prices and uncertainty about Midwest crop weather in the weeks ahead, while soyoil prices eased following a sharp two-day rally tied to stronger U.S. biofuel blending mandates.
Pulse Weekly: Lentil prices in decline in Western Canada
Green lentils lose as much as seven cents/lb. this month
Lentil prices in Western Canada have seen a sharp decline over the past month, but weather events could provide a bit of a boost.
Klassen: Feeder market follows wholesale beef higher
For the week ending June 13, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Steady demand underpinned a week of lower auction market volumes.
U.S. grains: Soyoil hits 20-month peak, corn falls on good crop weather
U.S. soyoil futures hit their highest in 20 months on Monday, supported by U.S. biofuel blending proposals that are likely to increase demand, while soybean futures touched a one-month high before paring gains.
U.S. livestock: Cattle, hogs start week strong
Chicago cattle and hog futures saw strong increases across the board on Monday.
U.S. grains: Soybeans climb, soyoil soars daily limit on US biofuel proposal
U.S. soyoil futures surged their daily limit on Friday and soybeans hit a three-week high after President Donald Trump's administration proposed biofuel blending requirements that were above trade expectations, analysts said.
U.S. livestock: Cattle drop sharply; hogs mixed
Chicago cattle futures dropped sharply on Friday while hogs ended the day mixed.
USDA adjusts Canadian canola exports, ending stocks
Data varies from AAFC numbers
There were some notable changes to Canadian canola made in the United States Department of Agriculture world oilseed report issued on June 12. The USDA increased its call on 2024/25 canola exports and trimmed those for 2025/26, and reduced carryout projections for both marketing years.
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