Old crop canola futures spiked on April 24, which put the oilseed’s July contract in a good position to climb above C$700 per tonne.
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Canola market in an enviable position
Canola exports surpass projected amount as prices near $700 a tonne mark
US farm agency withdraws proposal aimed at lowering Salmonella risks in poultry
The U.S. Department of Agriculture is withdrawing a proposal aimed at reducing Salmonella risks in poultry products for U.S. consumers, the agency said on Thursday.
ICE Canada Weekly: Canola in a good position
July contract to hit C$700/tonne, just when?
Canola futures are expected to climb higher on the Intercontinental Exchange in the coming weeks, commented Phil Speiss, trader with RBC Dominion Securities in Winnipeg. How quickly that happens is dependent on whether demand rationing kicks in or not.
Improved yields to increase Indonesia palm oil output
Accounts for more than half of global production
Palm oil production in Indonesia is expected to rise in 2025/26 to 47 million tonnes, according to the United States Department of Agriculture attache in Jakarta. Such would be a 1.50 million-tonne increase from the attache's estimate of 45.50 million tonnes produced in 2024/25.
Uruguay’s soybean contributions rank 11th in the world
Most often when one thinks of South American soybeans, Brazil and Argentina spring to mind. After all, they are the number one and three soybean producers in the world. But Uruguay is among three other somewhat significant soybean growers on the continent.
U.S. livestock: Losses for cattle, upswing in hog prices
Upswing in hog prices
Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, while those for lean hogs were higher. The June live cattle contract retreated 3.175 cents at 195.200 cents per pound. May feeder cattle futures dropped 2.900 cents at 275.300 cents per pound. The USDA reported wholesale boxed beef prices were lower
Global rapeseed/canola production dips in April report
USDA lowers output for EU, India
World production of rapeseed/canola for 2024/25 was trimmed by almost 0.53 per cent on April 10, when the United States Department of Agriculture released its World Agricultural Production report.
CBOT Weekly: April S/D report generates few changes
Trump tariffs on, off days prior to report
Very little changed in the monthly supply and demand report from the United States Department of Agriculture on April 10 from its March estimates, including the note at the top stating the data considered the trade policies at the time of publication.
U.S. livestock: Closing higher after Trump announces tariff pause
But boosts duties on China to 125 per cent
Live and fed cattle futures on the Chicago Mercantile Exchange were stronger on Wednesday, after United States President Donald Trump announced he will pause his reciprocal tariffs for 90 days. Trump said the suspension of the levies comes as more than 75 countries were set to negotiate trade with the U.S. or had not taken
Even more corn in China, Brazil say attachés
Better Chinese yields, stronger Brazil prices
China and Brazil are to further solidify their positions as the world's number two and three corn producers, according to attache reports from the United States Department of Agriculture.
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