Tariffs were a major influence on Canadian yellow pea prices in 2025, with levies imposed by China and India. The two countries are Canada’s biggest foreign pulse buyers.
Pulses
Pulse Weekly: Tariffs guide yellow peas in 2025
U.S. grains: Wheat leads grains higher with Russian strikes in focus
Chicago | Reuters – Chicago wheat rebounded on Monday as reports of more Russian strikes on Ukrainian port infrastructure rekindled concerns about war risks to Black Sea grain trade, encouraging investors to cover short positions after an eight-week low last week. Soybeans were also higher, breaking a run of six falling sessions, as the oilseed […] Read more
U.S. grains: Wheat trades near contract lows under ample global supply
Chicago | Reuters – Chicago wheat futures ended higher on Friday, but hit their biggest weekly drop since June as abundant and cheap global supply kept prices near an eight-week low. Soybean futures declined for a sixth day, reaching their lowest price since October 24, as speculators continued to unwind long positions due to ample […] Read more
U.S. grains: Wheat recovers on short covering, soy continues to fall
Chicago | Reuters – Chicago wheat futures found their footing on Thursday on short covering but remained near eight-week lows after China cancelled purchases from the United States and as large harvests in Argentina and Australia poured new grain into a well-supplied market, analysts said. Soybean futures continued the previous day’s fall on long liquidation […] Read more
U.S. grains: Wheat sets fresh eight-week low as ample global supply continues to weigh
Chicago | Reuters – Chicago Board of Trade wheat futures fell for a fourth consecutive session on Wednesday, setting a new eight-week low, as ample supply and progress in peace talks between Russia and Ukraine triggered selling by speculative investors. Corn futures firmed on export demand, though pressure from the wheat market continued to weigh […] Read more
Pulse Weekly: No upside for peas until after New Year
Prices for green and yellow peas have dropped back across the Prairies over the last week. One of the major downward drivers was the Statistics Canada production report released earlier this month, said Levon Sargsyan of Johnston’s Grain in Calgary.
U.S. grains: Soybeans hit six-week low as Brazilian harvest looms; corn, wheat sag
Chicago | Reuters – Chicago soybean futures fell to six-week lows on Friday as worries about slowing export demand for U.S. supplies and the looming harvest of a large Brazilian crop spurred a round of long liquidation, analysts said. Corn and wheat futures followed the weak tone, pressured by rising global grain supplies. Chicago Board […] Read more
U.S. grains: Corn and wheat futures firm on brisk exports, softer dollar
U.S. corn and wheat futures firmed on Thursday, supported by brisk export sales and a softer dollar, which tends to make U.S. grains more competitive globally, analysts said. Soybean futures clung to modest gains.
U.S. grains: Wheat futures slide on rising world production estimates
U.S. wheat futures fell more than one per cent on Wednesday to their lowest since late October on reminders of rising global supplies of the food grain, analysts said. Corn futures also sagged while soybean futures rebounded from multi-week lows, buoyed in part by news of fresh U.S. soy export sales. Chicago Board of Trade […] Read more
India’s winter crops set for record as soil moisture soars
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Indian farmers have ramped up planting of winter crops including wheat, rapeseed (canola) and chickpea, putting the country on track for record acreage as abundant soil moisture enables cultivation even in typically rainfed areas that often remain fallow.