IGC maintains 2025/26 world corn and wheat crop forecasts

IGC maintains 2025/26 world corn and wheat crop forecasts

Larger U.S. crop offset by reductions elsewhere

The International Grains Council on Thursday maintained its forecast for 2025/26 global corn production with a slightly improved outlook for crops in the United States offset by downward revisions for Hungary and Romania.




Canadian Prime Minister Mark Carney tours steel fabricator Walters Group in Hamilton, Ontario, Canada July 16, 2025.  Photo: Reuters/Carlos Osorio

Canada announces steel tariffs on some trade partners

Carney introduces $1 billion fund for steel industry projects

Prime Minister Mark Carney on Wednesday said Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic steel industry.






To date, 169 dairy herds have been affected by avian influenza in the U.S.  Photo: Thinkstock

U.S. livestock: New contract highs for live cattle

Live cattle futures hit new contract highs on Wednesday while cattle futures came close and lean hog futures continued to recover from recent lows. The August live cattle contract gained US$1.500 per hundredweight to finish the day at US$223.900, 50 cents below the new contract high reached earlier on Wednesday. The October contract rose US$1.475/cwt