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The USDA predicted corn planting intentions at 95.34 million acres, which is down from 98.79 million acres U.S. farmers seeded last year. Photo: Fotokostic/Getty Images Plus

CBOT Weekly: USDA predicts declines in planting intentions

Declines in projected planting intentions for 2026/27 were not as big as the market expected, after the United States Department of Agriculture released its estimates on March 31. The USDA also issued its quarterly grain stocks report with stocks for soybeans bigger than anticipated, while those for corn were smaller and wheat virtually matched the average trade guess.

Canadian Financial Close: Loonie down a shade

By Glen Hallick Glacier FarmMedia – The Canadian dollar eased back on Tuesday, as a weaker United States dollar edged out gains in crude oil. The Canadian dollar finished at US$0.7174 or US$1=C$1.3939 compared to Monday’s close of US$0.7181 or US$1=C$1.3926. On the U.S. Dollar Index, the greenback fell 0.703 of a point at 99.650. […] Read more






ICE Midday: Canola maintains upward momentum

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher in the middle of Tuesday trading amidst modest gains in crude and vegetable oils. An oil tanker was struck by a drone off the coast of Dubai earlier today, which slightly raised crude oil prices. Chicago soyoil was steady, while European rapeseed and Malaysian […] Read more


Photo: Geralyn Wichers

Klassen: Feeder cattle market continues consolidation

For the week ending March 28, Western Canadian feeder cattle market once again traded $10/cwt higher to $10/cwt lower compared to seven days earlier. Backgrounded replacements were down $3-$6/cwt on average with fleshier groups dropping as much as $6-$10/cwt. Calves were quite variable across the Prairies due to limited numbers. There was strong demand for […] Read more



ICE canola slightly higher in early trading

Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed modest gains on Tuesday morning despite little change to the Canadian dollar and crude oil prices. An oil tanker was struck by a drone off the coast of Dubai earlier today, which supported crude oil prices. However, gains were under US$1 per barrel. Chicago soyoil […] Read more