ICE Close: Losses in Crude, Soy Complex Weigh

Losses in crude oil and the Chicago soy complex following a monthly USDA supply-demand update helped to pull canola futures lower on Thursday.

Chicago Close: Corn, Soys Fall in Post-USDA Trade

Corn and soybean futures fell on Thursday amid larger South American production estimates, while wheat was mainly higher on a further cut to U.S. production.

Ontario Corn Planting Basically Complete; Soybeans at 96%

Ontario corn planting has mostly wrapped up, with soybean planting still underway in areas across the province.

Saskatchewan Seeding Almost Finished

U.S. Winter Wheat Production Cut Further

An already small 2026 U.S. winter wheat crop has been cut further, tightening projected 2026-27 U.S. wheat ending stocks in USDA’s June supply-demand update.

U.S. Soybean Ending Stocks Steady

U.S. soybean ending stocks – both old and new crop - were left unchanged in USDA’s June supply-demand update on Thursday.

Only Modest Adjustments for Old-, New-Crop U.S. Corn

The USDA left its 2026-27 U.S. corn outlook virtually unchanged this month, with the only supply-side change a 3 million-bu increase tied to a higher import forecast carried in from the old-crop balance sheet.

Map: Ontario Dryness, Drought Ticks Lower

Despite generally less precipitation than normal, abnormal dryness and drought actually ticked lower in Ontario and Quebec in May.

Map: Prairie Dryness, Drought Little Changed in May

Abnormal dryness and drought across Western Canada were little changed in May compared to a month earlier.

Bank of Canada Holds Key Rate Steady for Fifth Time

ICE Close: Canola Rises with Crude

Spillover support from crude oil helped lift canola futures on Wednesday, as stronger energy markets underpinned vegetable oil values and improved the tone across the broader oilseed complex.

Chicago Close: Soybeans Higher Ahead of USDA; Wheat, Corn Mixed

Soybean futures closed higher on Wednesday while corn and wheat were mixed, ahead of updated monthly supply-demand estimates to be released by the USDA tomorrow.