Markets
Chicago | Reuters – Chicago Board of Trade wheat futures extended losses for a third session on Tuesday, slumping to fresh lows as the most-active contract hovered near prices not seen since late October, while bumper harvests in Argentina and Australia underscored hefty global supplies. The Rosario Grains Exchange last week raised its production estimate […] Read more
U.S. grains: CBOT wheat sets fresh lows on supply pressure, Ukraine ceasefire talks
North American grain/oilseed review: Canola continues lower
Glacier FarmMedia — The ICE Futures canola market continued to trend lower on Tuesday, hitting its lowest levels since March 2025. Sharp losses in crude oil spilled into the world vegetable oil markets, with Chicago soyoil, European rapeseed and Malaysian palm oil all lower on the day. The move below C$600 per tonne in the […] Read more
U.S. livestock: Cattle rise, hogs recoup losses
Chicago live and feeder cattle futures rose on Tuesday while hog contracts regained Monday’s losses. Most-active February live cattle futures closed at 230.700 cents a pound, up 0.150 cents. June live cattle settled up 0.275 cents at 223.700 cents per pound. Most-traded January feeder cattle gained 3.400 cents to close at 343.325 cents a pound […] Read more
ICE canola dropping with crude, vegetable oils
Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Tuesday, hitting their lowest levels since March 2025. The move below C$600 per tonne in the nearby January contract was bearish from a technical standpoint. An analyst expected the March contract was also headed towards that level, as the futures converge ahead of the […] Read more
Klassen: Feeder market sees wide price range
For the week ending December 13, Western Canadian feeder cattle markets traded $10 higher to $10 lower compared to seven days earlier. Overall volumes were lower compared to previous weeks which contributed to the wide price range across the Prairies. Adverse weather and variable quality were also factors influencing the price structure. Major operations more […] Read more
Global Markets: Crude oil drops Tuesday
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices slipped to their lowest levels in over six months on Tuesday, as optimism over peace talks to end the war between Russia and Ukraine weighed on values. Weak economic data out of China was also […] Read more
January canola falls below C$600/tonne
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were still sliding back on Tuesday morning with no support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red. Crude oil was down by more than US$1 per barrel due to a stalling Chinese economy and progressing Russia-Ukraine peace […] Read more
Canadian Dollar and Business Outlook: Loonie on the rise
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar improved on Tuesday morning, as its United States counterpart lost ground and despite declines in crude oil. As of 8:36 am CST, the loonie was at US$0.7281 or US$1=C$1.3734, compared to Monday’s close of US$0.7262 or US$1=C$1.3770. On the U.S. Dollar Index, the greenback […] Read more
U.S. livestock: Cattle make small gains, hogs fall
Chicago cattle futures made modest gains on Monday while hogs pulled back. Most-active February live cattle closed at 230.550 cents a pound, up 1.000 cents. April contracts gained 0.625 cents to settle at 230.025 cents a pound. Most-active January feeder cattle futures settled at 339.925 cents a pound, up 0.825 cents. March contracts gained 0.775 […] Read more
U.S. grains: Soybeans touch seven-week low on broad sell-off
Chicago | Reuters – Chicago Board of Trade soybean futures touched a seven-week low on Monday amid a broad sell-off in agriculture markets, as soy traders continued to shed risk amid ongoing concerns over the pace of U.S. exports and expectations of a hefty Brazilian harvest, market analysts said. Wheat futures slumped as Argentina’s large […] Read more
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