Markets
Glacier FarmMedia — The ICE canola market was weaker Friday morning, taking some direction from losses in the Chicago soy complex. Losses in crude oil accounted for some of the spillover selling pressure in the vegetable oil markets, with Malaysian palm oil and European rapeseed futures also down on the day. The ongoing lack of […] Read more
ICE canola weaker Friday morning
U.S. livestock: Feeder cattle rise to new highs on tight supply, strong cash prices
Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures rallied on Thursday to a record high on strong cash market prices and tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border. Live cattle followed feeders higher, posting new contract highs in deferred contract […] Read more
U.S. grains: Soybeans slip on profit-taking, China trade worries
U.S. soybean futures retreated on Thursday after two days of gains, pressured by profit taking and technical selling and on growing concerns about a promised farmer aid package and a breakthrough in U.S.-China trade negotiations.
Feed Grain Weekly: Elevators offering higher prices for barley
Elevators in northern Alberta are offering higher prices for feed barley than in feedlots around Lethbridge, said an Edmonton-based analyst.
Canadian Financial Close: Loonie, crude oil move downward
Glacier FarmMedia – The Canadian dollar dipped on Thursday to its lowest close in six months after a week of staying rangebound. The loonie closed at US$0.7143 or US$1=C$1.4000, compared to US$0.7167 or US$1=C$1.3952 on Wednesday. A stronger United States dollar and lower crude oil prices pressured the loonie. The U.S. Dollar Index […] Read more
North American Grain and Oilseed Review: Small losses in most canola positions
U.S. soy, corn down, while wheat is mixed By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures were mostly a pinch lower on Thursday, after a good amount of choppy trading. Only the January contract managed to finish higher. Losses in the Chicago soy complex weighed on canola values, with upticks in […] Read more
ICE Canola Midday: A ‘nothing day’ for Canadian oilseed
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were on the rise late Thursday morning on what a trader called a “nothing day” as prices had been shifting to either side of unchanged. The trader said canola had a bit of a run-up this week and the market had […] Read more
Expana lifts EU cereal forecasts, maize exceeds expectations
Expana has raised its monthly grain production forecast for European Union crops for the 2025/26 season, projecting soft wheat output will hit a record high and barley a 17-year high.
Global Markets: Israel, Hamas sign ceasefire
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There was jubilation in Israel and Gaza on Thursday, as Israel and Hamas signed a ceasefire agreement in Egypt. The deal comes after two years of war that has thoroughly devastated Gaza. Among […] Read more
Canadian Dollar and Business Outlook: Little movement in markets
Glacier FarmMedia– The Canadian dollar continued to show little movement on Thursday. The loonie was at US$0.7165 or US$1=C$1.3957 as of 8:38 a.m. CDT, compared to Wednesday’s close at US$0.7167 or US$1=C$1.3952. The United States Dollar Index was up 0.06 of a point at 98.97. Crude oil prices added onto their recent […] Read more