In a report from the U.S. Department of Agriculture's attaché, drought and "unsatisfactory" conditions for the wheat crop in Canada have been noted.
The following are the main points of the report published on Thursday by the Foreign Agricultural Service of the U.S. Department of Agriculture in Ottawa:
"Wheat production in the 2025/26 marketing year (MY) is under pressure due to unsatisfactory growing conditions for spring and winter wheat in key prairie provinces—drought is the main issue. Exports, especially of durum, are high. 5 million metric tons (MT) since the beginning of the year (as of May 2025) of durum exports reflect sustained demand, while supplies of other varieties remain relatively stable. Feed wheat markets are under pressure due to competition from alternative grains. Carry-out stocks are decreasing in MY 2024/25. Insufficient recovery of the crop or moisture deficits could lead to further increases in post-harvest risks..."