The week ending July 24, 2025, saw both higher canola prices and much-needed rain for the dry Canadian Prairies.
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Canadian canola prices at a potential inflection point
The week ending July 24, 2025, saw both higher canola prices and much-needed rain for the parched Canadian Prairies
Dryness reduces Australian wheat output says USDA attaché
Less area to harvest, reduced yields
With dry conditions in Australia’s southern production regions, the United States Department of Agriculture attaché in Canberra projected reduced wheat production for 2025/26. The attaché wrote in their report released on July 28 that Western Australia, South Australia and Victoria had low soil moisture levels going into wheat planting and there was below-average autumn rains.
USDA attaché sees Canadian wheat production holding firm
Drought, trade issues to watch
All wheat production in Canada is to remain relatively steady in 2025/26 said the United States Department of Agriculture attaché in Ottawa. In the report released on July 28, they forecast 35.15 million tonnes compared to 34.96 million in 2024/25.
CBOT Weekly: ‘It’s a weather game now’ says Lusk
If soybeans fall under $10, corn to slip below $4
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.
USDA adjusts supply/demand estimates
Corn/soybean yields unchanged
Corn and soybean yields in the United States were left unchanged in the latest supply/demand estimates from the U.S. Department of Agriculture, released July 11, although a reduction in harvested area led to small downward revisions to production for the crops.
U.S. again halts cattle imports from Mexico over flesh-eating screwworms
The flesh-eating livestock pest New World screwworm has advanced closer to the U.S. border with Mexico, the U.S. Department of Agriculture said, prompting Washington to block imports of Mexican cattle just days after it allowed them to resume at a port of entry in Arizona.
U.S. farm secretary says ‘no amnesty’ for farmworkers from deportation
USDA will curb farmland purchases by “foreign adversaries” including China says Rollins
U.S. Agriculture Secretary Brooke Rollins said on Tuesday that there will be “no amnesty” for agricultural workers as President Donald Trump’s administration moves to deport all immigrants in the country illegally.
USDA attaché forecasts larger Chinese corn, wheat crops
But imports drop over last two years
Corn and wheat production in China is expected to increase in 2025/26, the United States Department of Agriculture attaché in Beijing said in a report released July 3.
CBOT Weekly: Turning towards a weather market
Area, stocks reports have little influence
Soybeans and corn on the Chicago Board of Trade are heading toward a weather market, said Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago. The move comes after two reports from the United States Department of Agriculture issued on June 30.
USDA announces phased reopening of Mexican cattle imports after screwworm closure
The U.S. Department of Agriculture announced on Monday a phased reopening of cattle, bison and equine imports from Mexico following a prolonged closure over the damaging pest New World screwworm.
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