Markets
Glacier FarmMedia — The ICE canola market was posting small losses Monday morning in thin and choppy trade. The nearby November contract settled above its 20-day moving average for the first time in more than a month on Friday and was starting the week consolidating around that key chart point. Gains in Chicago soyoil provided […] Read more
ICE canola edges down to start week
Canadian Dollar and Business Outlook: Loonie regains some ground
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was higher Monday morning, as its United States counterpart was lower and there were gains in crude oil. As of 8:39 am CDT, the loonie was at US$0.7230 or US$1=C$1.3832 compared to Friday’s close of US$0.7221 or US$1=C$1.3848. On the U.S. Dollar Index, the […] Read more
U.S. livestock: Cattle futures fall on expectations of US agriculture secretary announcement
Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on investor expectations that U.S. Agriculture Secretary Brooke Rollins might announce a re-opening of the border with Mexico for cattle imports in a speech in Oklahoma on Friday. The U.S. is currently closed to cattle imports from Mexico because of an infestation south of the […] Read more
Canadian Financial Close: Loonie virtually unchanged
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Friday, along with its United States counterpart, as traders positioned ahead the next round of interest rate announcements. The Bank of Canada and the U.S. Federal Reserve as set to reveal their key rates on Wednesday. The Canadian dollar closed […] Read more
Alberta harvest just ahead of average pace
The harvesting of all crops in Alberta reached 42 per cent complete as of Sept. 9, compared to the five-year average of 40 per cent. The provincial agriculture department noted combing was highlighted by little or no rain.
USDA tweaks to soybeans, corn numbers
The United States Department of Agriculture is still forecasting a record-large corn crop in 2025/26 despite lowering its average yield projection in the latest World Agricultural Supply and Demand Estimates released Sept. 12
U.S. grains: Soybeans, corn jump after USDA’s monthly crop report
Chicago | Reuters – Chicago soybean and corn futures rose on Friday after the U.S. Department of Agriculture delivered a bearish, but unsurprising, monthly crop report. U.S. farmers will harvest the most acres of corn since 1933 and produce more of the grain than previously expected, even though crop yields will miss earlier forecasts, the […] Read more
North American grain/oilseed review: Canola hits two-week highs
Glacier FarmMedia — ICE canola futures were stronger on Friday, hitting their highest levels in two-weeks. Optimism following a recent Canadian trade mission to China provided support, with chart-based a positioning a feature.A trade delegation to China had “constructive discussions” with Chinese officials, according to a statement from Prime Minister Mark Carney’s office. November canola […] Read more
Prairie Wheat Weekly: Prices mixed
Cash prices for spring wheat and durum across the Canadian Prairies were mixed during the week ended Sept. 11.
ICE canola up at midday Friday
Glacier FarmMedia — The ICE Futures canola market was stronger at midday Friday, finding spillover support from advances in Chicago soybeans and soyoil. Optimism over the possibility of easing tensions with China was also supportive. A trade delegation to the major canola buying country had “constructive discussions” with Chinese officials, according to a statement from […] Read more
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