Super El Nino Could Deepen Plains Drought, Threaten U.S. Crop Yields

An exceptionally strong El Nino could deepen drought across the U.S. Plains and threaten crop yields, water supplies, and food prices for several years, according to AccuWeather climate experts.

U.S. Winter Wheat Harvest Jumps; Spring Wheat Condition Eases

The U.S. winter wheat harvest advanced rapidly over the past week, while the condition of both the winter and spring wheat crops slipped slightly, according to Monday’s USDA crop progress report.

ICE Close: Canola Up; Crude Falls

Canola futures closed higher on Monday, even as crude oil backed off.

Chicago Close: Lower After U.S. Holiday Weekend

Corn, wheat and soybean futures all closed lower on Monday as traders returned from the long U.S. Juneteenth holiday weekend, with easing geopolitical tensions and declining crude oil prices weighing on agricultural market...

Canadian Inflation Rate Up 3.2% in May

Ag Canada Bumps Old-Crop Canola Export Forecast Higher

Agriculture Canada has raised its old-crop canola export forecast from last month, although projected 2025-26 ending stocks are just marginally tighter.

Old-, New-Crop Wheat, Durum Stocks Tighter in June

Agriculture Canada has lowered its old- and new-crop ending stocks estimates from last month for durum and wheat.

ICE Close: Canola Lower in Thin Trade

Canola futures closed modestly lower on Friday as thin holiday trading limited market activity.