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Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.

U.S. wheat futures rose more than one per cent on Wednesday as signs of a hardening conflict between Ukraine and Russia and worries about dryness in China appeared to spark a round of short-covering, analysts said.

Grain futures fell on the Chicago Board of Trade last week with more uncertainty waiting in the wings.

Spring wheat prices rose, while other prices were firmer or higher during the week ended June 4, 2025.

Some adjustments to Argentine soybeans were made by the United States Department of Agriculture attaché in Buenos Aires. While the USDA and its attaché agreed Argentina's soybean harvest for the 2024/25 marketing year is to be 49 million tonnes, the two differed on other categories. The report was issued during the week of March 10.

Numerous factors caused United States wheat prices to sharply rise during the week ended June 18, 2025.

A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.

Futures for soybeans and corn on the Chicago Board of Trade are set to rise for two reasons, said Steve Georgy, president of Allendale Inc. in McHenry, Illinois — the planting progress being made by United States farmers and "seasonality"

Corn and soybean futures at the Chicago Board of Trade are expected to slowly recover by the end of March, said broker Ryan Ettner of Allendale Inc. in McHenry, Ill. However, the tariff policies of the Trump administration could easily redirect that trend.

Spring planting in Manitoba registered at three per cent complete in the provincial agriculture department’s first crop report of 2025. Manitoba Agriculture released the report on April 29, noting planting progress was two points ahead of the five-year average.