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Tight Supplies, Dry Prairies Support

Canola futures were strongly stronger on Tuesday due to ongoing concerns about tight supplies and dry conditions across the Prairies.

The rolling out of the November contract into January was a major feature in today’s trading, with one trader saying that crushers and other buyers are worried about the small amount of canola available on the market and are buying as much as they can. Additional support came from increases in European rapeseed and the Chicago soy complex, as well as continued dry conditions across drought-plagued Western Canada ahead of the winter.

Some pressure came from slightly lower Malaysian palm oil values.

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Evolution of Beef Cattle Farming

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.