India bought canola oil for delivery in August for the first time in nearly five years, as local prices hit a three and a half-year high, making overseas purchases lucrative, industry officials told Reuters.
Markets/Business

India imports canola oil after 5 years as local prices surge

U.S. livestock: Cattle futures continue rally on constrained supply
Chicago Mercantile Exchange cattle futures rose for the fourth session in a row on Wednesday, as a continued tight supply of cattle and resilient consumer demand for beef boosted futures, traders said.

A missed opportunity for farmers says analyst
Prices heading down following crop-saving rains
Farmers have likely lost an opportunity to get better prices for their crops, such as canola, just as the harvest across the Canadian Prairies begins to pick up speed, an analyst warned.

CBOT Weekly: Trade focuses on crop tour
High corn, soybean yields pressure prices
The trade is focusing on results from the Pro Farmer Crop Tour, which will make its way through seven states looking at corn and soybean fields from Aug. 18 to 21, 2025.

U.S. grains: Soybeans, corn choppy as traders eye crop tour results
Chicago soybean and corn futures chopped up and down on Wednesday as traders monitored results from a U.S. Midwest field tour that initially confirmed strong yield prospects, traders said.

Manitoba harvest sees winter crops pass halfway point
Combining of spring crops getting started
Harvest operations in Manitoba pressed ahead during the week ended Aug. 18, with fall rye and winter wheat leading the way.

Nebraska soy, Indiana corn show best potential in years, crop scouts say
Nebraska’s soybean pod count is the highest in at least 22 years, and its corn yield potential is the strongest in four years, scouts said on Tuesday during the second day of Pro Farmer’s annual tour of major grain-producing states.

U.S. livestock: Feeders set fresh highs, hogs mixed
Chicago cattle futures ended Tuesday mostly up, with feeder contracts setting fresh highs. Hogs were mixed.

U.S. grains: Chicago wheat, corn tick lower on continued supply pressure
Chicago wheat fell on Tuesday, pressured by an upward revision to Russia's wheat crop forecast and the latest talks to end the war in Ukraine, while corn eased as strong yield projections from a U.S. Midwest field tour maintained supply pressure.

Pulse Weekly: Saskatchewan peas, lentils in good condition
Provincial pulse specialist sees good quality, quantity
Saskatchewan pulse crops are faring well as harvesting operations begin in the province.