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Daily news


Pierre Poilievere at Sixteen Grains near Saskatoon, Sask. speaking to one of the farm owners. Photo: Janelle Rudolph
News

Poilievre promises EV action and calls for canola compensation

The Conservative leader’s Saskatchewan pit stop named the gas vehicle ban and canola tariffs as rural threats.

By Janelle Rudolph August 14, 2025
Conservative leader Pierre Poilievre promises EV action and calls for canola compensation

Markets are quieter-than-normal as farmers continue to be busy with harvest operations. Photo: Thinkstock
Markets, News

Rains help late crops in Saskatchewan, but delay harvest

Harvest progress at two per cent complete

By Phil Franz-Warkentin August 14, 2025
Widespread rains across Saskatchewan during the week ended Aug. 11 brought much needed moisture to later seeded crops still filling. However, the precipitation slowed desiccation operations and may hurt the quality of earlier seeded crops, said the weekly provincial report.


JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock, News, Reuters

JBS sees US cattle cycle improving from late 2027

JBS turns Q2 profit despite challenging operating environment

By Ana Mano, Reuters, Roberto Samora August 14, 2025
U.S.-based beef-packers will continue to reel from low cattle availability for about three or four quarters, with gradual improvements of the U.S. cattle herd happening gradually from late 2027, meatpacking giant JBS said on Thursday.

Photo: Thinkstock
Reuters, Weather

Brief La Niña expected in fall 2025 before more stable pattern returns says U.S. forecaster

By Reuters August 14, 2025
A brief period of La Nina conditions is favoured in the fall and early winter 2025-26 before reverting to a more stable El Nino-Southern Oscillation (ENSO) neutral, the U.S. Climate Prediction Center said on Thursday.


A John Deere X9 combine. Photo: Deere.ca
Machinery, Reuters

Deere’s quarterly profit falls as U.S. tariffs bite farm equipment margins

By Reuters August 14, 2025
Deere & Co reported a lower third-quarter profit and tightened its annual profit forecast on Thursday, as U.S. tariffs dent margins on its farm equipment, sending the company's shares down six per cent.

Photo: Avalon_Studio/Getty Images Plus
Crops, News, Reuters

Importers struggle to resell Canadian canola meal caught in China tariff crossfire

By Naveen Thukral, Reuters August 14, 2025
Importers are struggling to resell several cargoes of Canadian canola meal that arrived in China after Beijing imposed hefty import tariffs on the protein-rich ingredient, three trade sources said.


 Photo: Canada Beef
Livestock, Markets

U.S. livestock: Cattle make small gains, hogs slip back

By Geralyn Wichers August 13, 2025
Most Chicago cattle futures settled with small gains after trading near highs earlier on Wednesday. Lean hogs closed slightly down.

Photo: Robin Booker
Canola, Markets

ICE Weekly: Canola correction brightens outlook

Canola prices rise day after China announcement

By Adam Peleshaty August 13, 2025
Canola prices made up some ground on Aug. 13, which caused a bit of uncertainty as to where prices could go in the coming weeks.


Photo: JHVEPhoto/Getty Images Plus
Markets, Reuters

U.S. grains: Soybeans extend gains after USDA’s US harvest outlook cut

By Karl Plume, Reuters August 13, 2025
U.S. soybean futures climbed to a 1-1/2 month high on Wednesday, extending gains from the prior session after the U.S. Department of Agriculture forecast a much smaller autumn harvest than previously expected.

Large crops to weigh on CBOT corn/soybeans
Corn, Markets, Soybeans

Large crops to weigh on CBOT corn/soybeans

“We have a lot of corn out there”

By Phil Franz-Warkentin August 13, 2025
Expectations for a record large corn harvest in the United States this year are overhanging the futures market, which should keep values under pressure through the harvest season.


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