Live and fed cattle futures on the Chicago Mercantile Exchange were higher on Wednesday, a few hours before United States President Donald Trump unveiled his reciprocal tariff plan.
Dryness on the Canadian Prairies, as well as worsening U.S. winter wheat crop conditions and a weakening Canadian dollar raised Western Canadian wheat bids for the week ended June 19, 2025.
The demand for lentils has backed off lately due to high prices, said trader Marcos Mosnaim of Prairie IX in Toronto. He said the direction lentils take will largely depends on India.
Canadian yellow pea producers may have received something of a Christmas present from the Indian government late last month, as the duty-free period for India’s yellow pea imports was extended from Dec. 31 to Feb. 28.
Canadian pulse exporters have plenty of experience dealing with shifting trade policies from India, but increased tariffs from closer to home could alter export movement in 2025.
British Columbia poultry farms are particularly vulnerable to highly pathenogenic avian influenza due to the annual migration of waterfowl through the Fraser Valley.