Despite the delay in U.S. President Donald Trump's planned tariffs, there is plenty of uncertainty in the Western Canadian feed grain market.
Daily news
Feed Grain Weekly: Markets uncertain after tariff delays
Corn prices could rise if tariffs are imposed
U.S. livestock: Cattle mixed, hogs higher
Strong export sales for cattle, hogs
Live and fed cattle futures on the Chicago Mercantile Exchange dropped back on Thursday, despite strong export sales. The United States Department of Agriculture reported export sales of 24,907 tonnes for the week ended Jan. 30. That’s up 23.5 per cent from the previous week and the most since August. The April live cattle contract […] Read more
Mexico formally repeals restrictions on GM corn after trade panel ruling
Mexico City | Reuters – Mexico’s government has repealed previous restrictions on genetically-modified (GM) corn for human use, as well for livestock and industrial uses, according to a notice on Thursday in the official gazette. The United States, which for decades has exported large volumes of GM yellow corn to Mexican buyers, had objected to […] Read more
U.S. Grains: Soybean, corn futures fall on improving Argentina weather forecast
Rains benefit dry Argentine crop areas
Chicago Board of Trade grain and soy futures backpedaled from their highest prices in months on Wednesday as weather forecasts improved in Argentina, analysts said.
ICE canola weekly outlook: Uncertainty overhanging market
Tariff threats and U.S. biofuel questions
A pause on tariffs from the United States gave the canola market a boost during the first few trading days of February, although the outlook remains cloudy, and values ran into resistance on Feb. 5.
U.S. livestock: Cattle, hogs rise on strong exports
Hog exports have second best December
Live and fed cattle futures on the Chicago Mercantile Exchange were higher on Wednesday
CBOT Weekly: Hard to determine where markets could go
Tariffs issues clouding pathways
With global trade in something of a chaotic mess due to the Trump administration threatening to impose tariffs and placing levies on China, the futures for soybeans, corn and wheat are very difficult to determine said Terry Reilly, senior agricultural specialist for Marex. Added to that, he suggested there could be a few surprises in the February supply and demand report from the United States Department of Agriculture.
Bunge Q4 profit falls on weak crush margins, forecasts 2025 earnings drop
Trade tensions and biofuel uncertainty weigh on sector
U.S. crop commodities trader Bunge Global posted a larger-than-expected quarterly profit drop on Wednesday and warned that 2025 earnings could sink to the lowest in six years as trade tensions and biofuel policy uncertainty drag on the agricultural sector.
USDA detects a second bird flu strain in dairy cattle, agency email says
Strain not seen in cows previously
The U.S. Department of Agriculture has detected a bird flu strain in dairy cattle that previously had not been seen in cows, according to an email from the agency’s Animal and Plant Health Inspection Service seen by Reuters.
China launches WTO dispute over Trump tariffs
Additional measures possible
China has launched a dispute at the World Trade Organization (WTO) over tariffs imposed by U.S. President Donald Trump on Chinese goods, the Geneva-based body said on Wednesday.
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