Dryness on the Canadian Prairies, as well as worsening U.S. winter wheat crop conditions and a weakening Canadian dollar raised Western Canadian wheat bids for the week ended June 19, 2025.
Markets/Business — page 7
Prairie Wheat Weekly: Western Canadian bids rise on dryness
U.S. crop conditions, weaker loonie also raise prices
China’s May soybean imports from Brazil jump 37.5 per cent year over year
China’s soybean imports from Brazil surged 37.5 per cent in May from a year earlier, data showed on Friday, as buyers scooped up South America’s bumper crop, while supplies from the United States also rose 28.3 per cent.
U.S. grains: Wheat surges four per cent on short-covering, lifting corn and soy
Benchmark Chicago Board of Trade wheat futures jumped more than four per cent on Wednesday as weather worries in parts of the United States and Europe, coupled with signs of fresh global export business, prompted speculators to cover short positions, brokers said.
U.S. livestock: Cattle market ticks up after Tuesday’s hit
Chicago cattle futures eked out gains on Wednesday after the previous day's sharp drop.
ICE Canada Weekly: Canola poised to rise or fall
Weather, China could guide oilseed’s trajectory
Canola prices could shift up or down in the coming weeks due to uncertainty, said Jerry Klassen, analyst with Resilient Capital in Winnipeg
CBOT Weekly: External factors raising wheat prices
Weather, geopolitical risk provide support
Numerous factors caused United States wheat prices to sharply rise during the week ended June 18, 2025.
Have the wheat bear markets run their course?
It looks like the worst of the bear market is over; additional moderate losses can’t be ruled out, but deep declines are unlikely
Wheat futures keep trying to rally. Time after time, the rallies fail. The markets seem stuck in low-level ruts.
Wheat heading, world flush with supply
Weather across the U.S. will have a larger influence on prices through the growing season
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.
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.
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