Daily News from Glacier Farm Media Network

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Wheat futures set one-week highs as dryness stokes crop worries

By Reuters, Tom Polansek January 7, 2026

Chicago | Reuters – U.S. wheat futures jumped to their highest level in more than a week on Wednesday as dry weather fuelled concerns about crop conditions in the key Plains region, analysts said. Soybean and corn futures also topped one-week highs following recent sales of U.S. soy to top importer China. Wheat and soybean […] Read more

Canola, Markets, News

Modest increase for Malaysian palm oil says USDA attaché

By Glen Hallick - MarketsFarm January 7, 2026

Stronger than expected yields in the early going saw Malaysia’s 2025/26 palm oil production get a good start, said the United States Department of Agriculture attaché in Kuala Lumpur.

Corn, Markets, Soybeans, Spring Wheat, Winter Wheat

CBOT Weekly: USDA reports could support prices

By Adam Peleshaty January 7, 2026

Tom Lilja, an analyst from Progressive Ag in Fargo, N.D., expects corn and soybeans yields to be trimmed ahead of the U.S. Department of Agriculture’s monthly supply/demand estimates release on Jan. 12, 2026.

Markets

ICE canola weekly outlook: Futures trending higher to start year

By Phil Franz-Warkentin January 7, 2026

Canola futures were trending higher to start the New Year, with the nearby technical signals showing more room to the upside. However, continued strength will require additional outside support.

Canadian Financial Close: More losses for loonie

January 7, 2026

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar fell nearly two-tenths of a cent on Wednesday, with pressure coming from an increase in the United States dollar and declines in crude oil. The loonie closed at US$0.7234 or US$1=C$1.3823 compared to Tuesday’s finish of US$0.7252 or US$1=C$1.3789. On the U.S. Dollar Index, […] Read more

Livestock

Swine Innovation Porc funds vaccine, barn cooling research

By Alexis Kienlen January 7, 2026

Vaccine development for Porcine Epidemic Diarrhea and Porcine Delta Coronavirus are among new research projects Canadian pork groups will fund over the next few years, Swine Innovation Porc announced Tuesday.

Cereals, Markets, News, Spring Wheat, Winter Wheat

Prairie Wheat Weekly: CWRS slips, as CPSR, durum rise

By Glen Hallick - MarketsFarm January 7, 2026

Spring wheat cash prices were mixed while those for durum were a little higher across the Canadian Prairies for the two-week period ended Jan. 6.

A snowy pasture scene in eastern Manitoba. Photo: Geralyn Wichers

Weather

Prairie forecast: Mid-winter thaw expected under building ridge of high pressure

By Daniel Bezte January 7, 2026

Mild temperatures are expected to persist across the Prairies for most of the forecast period with little for significant weather events.

A drone image shows cattle entering a feedlot at CMA Farm in Barretos, Sao Paulo state, Brazil, December 4, 2025. Photo: REUTERS/Joel Silva

Livestock, Markets, Reuters

Brazil surpassing U.S. as top beef producer, easing global supply squeeze

By Ana Mano, Peter Hobson, Reuters January 7, 2026

Brazil surpassed the U.S. as the world’s top beef producer last year, according to market estimates, after the South American country beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze and helping limit a surge in meat prices.

Canadian farmers face hefty Chinese tariffs on canola, peas and pork. Photo: Alexis Stockford

News, Reuters

Carney to visit China next week, spokesperson says

By Reuters January 7, 2026

Prime Minister Mark Carney will visit China January 13-17, his office said on Wednesday, in what will be the first visit by a Canadian prime minister since 2017.

Daily Network News

New U.S. biofuel rules please canola industry

Trump tells farmers that tractor companies should lower prices

Get farmers in on federal water security strategy planning, CFA says

Daily news