A rally in U.S. soybean futures spilled over into wheat on both sides of the border during the week ended Oct. 28, 2025.
Daily news
Prairie Wheat Weekly: U.S. futures lift Western Canadian bids
Mexico agriculture secretary says still no date for restarting cattle exports to U.S.
Mexican Agriculture Minister Julio Berdegue said on Wednesday that Mexico and the United States have not yet set a date to resume Mexican cattle exports amid an outbreak of the flesh-eating screwworm parasite.
Prairie forecast: A slow cool down towards winter
Forecast issued October 29, covering Oct. 29 to Nov. 5, 2025 Highlights: Overview I can’t say last week’s forecast played out exactly as expected — but that’s not too surprising. Overall confidence was on the low side. While the models did a decent job with the big picture, a few smaller details didn’t line up.
China buys U.S. soybean cargoes ahead of Trump-Xi meet, sources say
China’s state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country’s first purchases from this year’s U.S. harvest, shortly before a summit of leaders Donald Trump and Xi Jinping.
U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes
Chicago soybean futures reached their highest in 15 months on Tuesday, briefly topping $11 a bushel on optimism that the U.S. could reach a trade deal with China as leaders from both countries are expected to meet in South Korea on Thursday.
Feed Grain Weekly: Prices to stay steady, says broker
Prices are expected to stay flat, according to a Lethbridge-based broker.
U.S. livestock: Feeders continue to fall; live cattle level out
Chicago live cattle futures leveled out to finish on either side of unchanged, Tuesday, after days of precipitous declines. Feeders continued to fall. Most-active December live cattle contracts closed at 226.575 cents a pound, down 0.600 cents. February contracts rose by 0.100 cents to settle at 224.100 cents per pound. Most-traded January feeder cattle futures
Trade tensions boosted confidence in Canadian food system, report shows
U.S. tariff threats have boosted Canadians’ view of the nation’s food system according to the 2025 public trust report from the Canadian Centre for Food Integrity. Trust in Canadian farmers remains high but has been eclipsed by trust in scientists.
Klassen: Feeder market softens on weaker demand
For the week ending October 25, Western Canadian yearling markets traded steady to $10/cwt below prices from the previous week. Calves in the range of 550 pounds to 850 pounds were down $8 to $12 on average while feeders under 550 pounds were relatively unchanged compared to seven days earlier. U.S. government comments regarding the
Monsoon promise turns sour for India’s crops ruined by late downpours
Indian farmers’ hopes for bumper crops following this year’s abundant monsoon rains were dashed by heavy downpours just before harvest that damaged their fields.