Canadian farmers will plant more canola in 2026/27, while lowering their pulse and special crop area, according to the first supply/demand estimates from Agriculture and Agri-Food Canada for the upcoming marketing year.
In order to get Canadian farmers to plant at least the same amount of canola this spring as they did last spring, they are likely going to need a premium, said Jerry Klassen, analyst with Resilient Capital in Winnipeg.
Soybean futures at the Chicago Board of Trade moved off nearby lows during the week ended Jan. 21, as solid export sales and talk of movement on biofuel blending requirements in the United States provided support. However, the advancing South American harvest may limit further gains.
Ukraine’s wheat exports remained relatively low in the first half of January amid Russian attacks on Ukrainian seaports and low external demand, data from the country’s grain traders union UGA showed on Wednesday.
Chicago | Reuters – Chicago corn and soybeans slipped in choppy trading on Tuesday as tensions between Washington and Europe over Greenland unsettled investors and ample global supply hung over grain markets. A drop in the dollar and signs of brisk international demand, however, lent some support to Chicago prices as trading resumed after a […] Read more
Chicago cattle made modest gains on Tuesday while lean hogs ended mixed to start a shortened trading week. Most-active April live cattle closed at 234.575 cents a pound, up 0.600 cents. February live cattle settled at 232.375 cents per pound, up 0.225 cents. Most-traded March feeder cattle contracts gained 1.225 cents to close at 357.675 […] Read more
The federal government has begun working with agriculture groups and stakeholders to develop its next agriculture policy framework the federal agriculture minister announced on Tuesday.
Pulse Canada was relieved when China announced the removal of 100 per cent tariffs on Canadian yellow peas on Jan. 16, but work still needs to be done in India.