Brazil's 2024/25 soybean crop is expected to total 171 million metric tons, agribusiness consultancy AgRural said on Monday, lowering its forecast by 500,000 tons due to lower yields in the states of Mato Grosso do Sul, Parana and Rio Grande do Sul.
Markets/Business — page 51

AgRural trims forecast for Brazil’s 2024/25 soy crop

Frigid weather likely damaged US winter wheat crop, meteorologist says
Frigid temperatures this week likely killed as much as 15 per cent of the winter wheat crop in parts of the U.S. Plains and Midwest, the Commodity Weather Group said on Friday, in an ominous sign for U.S. wheat production.

U.S. grains: Soybeans and corn fall from highs after Argentina cuts export taxes
U.S. soybean and corn futures on Friday fell from multi-month highs after Argentina said it would lower grain export taxes, fueling expectations the United States will face tougher competition for sales on the global market.

U.S. livestock: Cattle futures continue to surge as U.S. cattle on feed inventory declines
Chicago Mercantile Exchange cattle and hog futures rose across the board on Friday with cattle continuing a run of record-setting prices.

Prairie spring wheat rise with U.S. futures
Hard red spring wheat bids in Western Canada moved higher during the week ended Jan. 23, as a rally in the United States futures provided support.

U.S. livestock: Cattle continue upward march
Cattle at the Chicago Mercantile Exchange continued their upward march on Thursday after Wednesday’s jump, while lean hogs were mixed.

U.S. grains: CBOT corn hits an over one-year high on South American weather worries
Chicago Board of Trade corn futures resumed a rally on Thursday as concerns over dryness in Argentina and tighter U.S. stocks propelled futures to the highest price seen in more than 14 months, traders said.

Feed grain update: Barley steady as corn rises
Higher U.S. corn prices limiting imports
Feed barley prices in Western Canada were holding relatively steady in mid-January, despite rising corn prices south of the border.

Analysts believe American tariffs are inevitable
Cattle producers less vulnerable for now than feeders, hog producers analysts say
Canada’s livestock sectors have been anxious about the prospect of tariffs since Donald Trump won the American election in November. Dennis Laycraft, executive vice-president at the Canadian Cattle Association, said without knowing exactly what is coming, the organization could analyze the threatened tariffs only so much.

U.S. livestock: Cattle futures surge as funds take huge net long position
Chicago Mercantile Exchange live and feeder cattle futures climbed to life of contract highs on Wednesday, as funds took a massive net long position, analysts said.