U.S. soybean futures climbed to a 15-month high and posted their biggest monthly gain in nearly five years on Friday following a rally fueled by the prospect of revived exports to China.
Canadian wheat exports are running at a record pace through the first 12 weeks of the 2025/26 (Aug/Jul) marketing year, according to the latest weekly grain handling statistics from the Canadian Grain Commission (CGC). Meanwhile, canola exports are behind on the year and well off the average.
Prime Minister Mark Carney agreed to visit China after meeting with President Xi Jinping on Friday, in an encounter that may have marked a turning point but offered no breakthroughs on trade.
Saskatchewan Pulse Growers executive director Carl Potts said this year’s harvest had strong yields as the organization now works on international trade.
U.S. soybean futures reached a 15-month high on Thursday after President Donald Trump’s administration said top-importer China agreed to buy tens of millions of tons of American crops in the next few years as part of a trade truce.
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures took a breather on Thursday after falling hard recently on concerns over President Donald Trump’s push to lower U.S. beef prices, traders said. Ranchers continued to oppose Trump’s plan to boost the country’s imports of Argentine beef to reduce U.S. prices and
Canadian farmers made heavy deliveries of grains and oilseeds off the combine and into the commercial pipeline this September, with total deliveries of the major crops up 13.3 per cent from the same month the previous year, reported Statistics Canada.