As canola futures try to regain the ground lost during the week of March 10, the longer term outlook for the oilseed is very unknown, according to risk advisor and trader John De Pape of The Trading Floor.
Daily news
ICE Canada Weekly: Canola approaching uncertainty
U.S. livestock: Cattle continue climb, hogs slip back
Chicago Mercantile Exchange feeder cattle futures climbed on Wednesday ahead of the USDA’s Cattle on Feed report, slated for release Friday.
CBOT Weekly: Weather takes some attention off of tariffs
Forecasts, soil conditions affect prices
Weather and soil conditions have taken some of the focus off of tariffs at the Chicago Board of Trade during the week ended March 19, 2025.
Blois makes moves to reduce agri-food red tape
Statement may signal commitment to action, competitiveness says expert
Agriculture Minister Kody Blois says the Canadian Food Inspection Agency will begin to remove some regulatory burdens including harmonizing Canada’s bovine spongiform encephalopathy (BSE) enhanced feed ban with U.S. requirements, and speeding up approvals for animal feed ingredients to reduce tariff costs.
Prairie forecast: Spring battle between warm and cold continues
Forecast issued March 19, covering March 19 to 26, 2025
For this forecast period the weather models are showing a fairly quiet weather pattern will only a couple of chances of light snow as weak systems track along the boundary between the cold Arctic air to our north and milder air to the south. This is the big question mark for this forecast period: just where will this boundary be?
Crop merchant Louis Dreyfus posts drop in annual profit
Louis Dreyfus Company (LDC) on Wednesday reported a drop in annual profit, the latest global crop merchant to see earnings curbed by subdued prices last year in staple grains caused by ample harvests and easing demand in China.
U.S. livestock: Cattle futures mixed Tuesday
Cattle futures on the Chicago Mercantile Exchange were mixed on Tuesday, seeing continued strength in the front months at the close while edging lower in the more deferred contracts.
U.S. grains: Chicago grains down on U.S.-Russia call, planting intentions
Chicago wheat futures traded both sides of unchanged on Tuesday, holding near a March high underpinned by concerns over U.S. crop conditions. Traders also awaited the outcome of a call between the leaders of the U.S. and Russia over the war in Ukraine.
Pulse Weekly: Manitoba conditions on the right track
MPSG executive director more worried about tariffs than growing conditions
With six weeks left until the start of seeding, Manitoba Pulse and Soybean Growers executive director Daryl Domitruk said there are no "red flags" to be seen in current conditions.
With beer drinking down in U.S., barley farmers now fear tariffs
Tariffs could hurt U.S. barley exports to Mexico, Canada
Reciprocal tariffs from Canada and Mexico may raise costs and limit export opportunities for U.S. barley growers, at a time when beer demand is also falling.
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