Chicago corn and soybean futures eased from the previous session's multi-month peaks on Wednesday on profit taking and timely rains forecast for Argentina, said analysts.
Markets/Business — page 52

U.S. grains: Chicago soy, corn futures lower on profit-taking, Argentina weather

ICE Canada Weekly: Canola facing ‘extreme uncertainties’ says trader
Excluded from U.S. biofuel tax credits, facing tighter supplies
The path canola is to take as January turns to February has been marked by “extreme uncertainties,” explained broker Ken Ball of Ventum Financial in Winnipeg.

CBOT Weekly: Headlines dictate U.S. futures
Tariff threats, weather cause up-and-down trade
Tariff threats from U.S. President Donald Trump as well as weather concerns at home and abroad are creating a roller-coaster ride for U.S. grain futures during the week ended Jan. 22, 2025.

Brazilian soy shipments to China from five firms halted, sources say
China, the world's biggest soybean buyer, has stopped receiving Brazilian soybean shipments from five entities after cargoes did not meet phytosanitary requirements, two sources with direct knowledge of the matter told Reuters on Wednesday.

Manitoba Ag Days: Loonie above 70 cents? Not anytime soon, says Farm Credit Canada
The dollar may be in the stratosphere, but few experts are predicting that it will weaken anytime soon. That includes economists with FCC.

U.S. grains: Corn, soy rally as Trump postpones threatened tariffs
Chicago Board of Trade corn futures hit a fresh one-year high on Tuesday, as the tariffs promised by newly sworn-in U.S. President Donald Trump did not materialize, traders said.

U.S. livestock: Cattle futures mixed, lean hogs dip
Chicago Mercantile Exchange cattle futures were mixed as trade resumed following the U.S. long weekend. Most active April live cattle futures closed with small losses, reaching 197.325 cents per pound, down 0.175 cents. February live cattle gained 0.300 cents to close at 197.050 cents per pound.

Pulse weekly: Slight Canadian acreage shifts expected in 2025
More peas and lentils, less chickpeas and beans
Total Canadian pulse plantings are expected to hold relatively steady in 2025, with Canadian farmers seeding more peas and lentils while cutting area to chickpeas and edible beans, according to early estimates from Agriculture and Agri-Food Canada released Jan. 20.

Argentina crops threatened by ongoing drought despite recent rainfall
Recent rains in Argentina's agricultural heartland have not alleviated concerns that ongoing drought could further hurt crop yields, the Rosario grains exchange said in a report released on Monday.

Klassen: Increased feeder cattle selling caps upside momentum
There was a surge in farmer selling across Western Canada last week. Sales volumes were larger than normal at many auction barns. The fear that President Trump would implement a tariff on feeder cattle ignited fears that that market would drop sharply.