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Canadian farmers' overall new crop outlook has improved since the beginning of the year, says Farm Credit Canada.

Projections of high yields and ongoing political tensions pressured grain prices on the Chicago Board of Trade during the week ended July 30, 2025.

Chicago Mercantile Exchange cattle futures continued to rally on Tuesday, with feeder contracts setting new all-time highs, as U.S. cash prices remained firm and domestic supplies of replacement animals continued to shrink, market analysts said.

Chicago Board of Trade soybean futures hit their highest level in more than a week on Thursday as technical buying helped the market recover from a three-month low reached on Monday, analysts said.

Feed grain prices in Alberta moved lower following recent rains, said Susanne Leclerc, owner of Market Master Ltd. in Edmonton. However, she suggested prices could increase prior to the coming harvest.

As the rest of July plays out, United States soybeans and corn will remain in a weather market, said Sean Lusk, vice-president of Walsh Commodity Hedging Services in Chicago.

Michael Coteau says he is excited to take on the role of Chair of the House of Commons Standing Committee on Agriculture and Agri-Food despite urban background.

Cash prices for spring wheat and durum across the Canadian Prairies saw slight movement either way during the week ended July 31.

The Chinese embassy in Ottawa criticized duties slapped by Canada this week on Chinese imported steel, saying on Friday they violated World Trade Organization (WTO) rules and disrupted the global trade order.

The Bank of Canada held its key policy rate at 2.75 per cent for the third time in a row on Wednesday, as expected, and said the risk of a severe and escalating global trade war had diminished.