Crops
As activity at the Chicago Board of Trade shifts into holiday mode through the New Year, independent analyst Terry Reilly pointed to three things to watch over the next few weeks.
Crops
CBOT Weekly: Watching for Chinese soybean purchases
ICE Weekly: Trade expects larger StatCan canola estimate
Canola’s sharp drop on Dec. 3 could be the beginning as the trade anticipates a larger canola production estimate from Statistics Canada on Dec. 4.
Calling for bigger crops ahead of StatCan report
Statistics Canada will release its first survey-based production estimates for the 2025/26 crop year on Dec. 4, with general expectations for upward revisions to most major crops from the model-based estimates in September. However, as StatCan has shown a tendency to underestimate production in its December reports, many analysts expect actual production may be revised upward in subsequent reports.
U.S. grains: Corn, wheat futures climb on Black Sea tensions
Chicago corn and wheat futures rose on Tuesday, lifted by worries about tensions in the Black Sea grain export region as well as cold weather slowing grain movement in the U.S. Midwest, analysts said. Soybeans were lower.
Pulse weekly: Record Australian pulse crop expected
Australian pulse production is expected to set a record for the second year in a row in 2025/26, with a slight decline in the chickpea crop countered by increased lentil production, said the Australian Bureau of Agricultural and Resource Economics (ABARES) in its December crop report.
Seeds Canada announces Dan Wright as new CEO
Seeds Canada has announced Dan Wright as its new chief executive officer.
Australia raises wheat harvest estimate by nearly two million tonnes
Australia’s ABARES raised its forecast for national wheat production this season by around 1.8 million tonnes to 35.6 million tonnes, cementing expectations for a bumper harvest that will add to abundant global supply and pressure prices.
California researchers create nitrogen-fixing wheat
U.S. crop breeders have created a wheat variety capable of creating its own nitrogen fertilizer.
India-Canada trade deal could guarantee some Canadian pulse sales, envoy says
India’s government is considering guaranteeing Canada ongoing pulse crop sales so its farmers keep growing the vital protein source, Indian High Commissioner to Canada Dinesh Patnaik said during a visit to Saskatchewan.
Cancer agency reclassifies another herbicide ‘probably carcinogenic’
Syngenta says IARC’s report shows no ‘causal link’ between atrazine and cancer
The WHO’s cancer research agency has now put atrazine, a herbicide well known to corn growers, in the same potential-hazard category where the agency put glyphosate.
Cyber-Savvy Farmer
