News

• Wheat and barley bids are mixed this week
• Canola prices dropped very slightly
• Pulse prices, despite a bullish outlook and lentil stability, have dropped this week

Livestock & Feed Trends

• Cattle prices this week are mixed but softening overall (depending on feeder class)
• Lean hogs are trending up modestly

• China renews its interest in Canadian peas, which could support pea prices going forward
• The US announced this week the desire to substitute Canadian potash imports with those from Belarus; buyers are expected to continue purchasing from Canada
• Proposed tightening of maximum residue limits in the EU could limit Canada's export opportunities

• An analysis from Protein Industries Canada suggests domestic under-processing of grain
• Policy discussions are highlighting the commercialization gap in the industry's ability to scale helpful farm innovations

• Productivity Mega Deduction: the federal government proposed a new way to immediately deduct capital, rather than them depreciating over time
• Government is renewing looks to export infrastructure improvements, like ports, rail, and grain movement capacity
• Agricultural media questions the decision to reduce agricultural spending following fall budget announcements