Daily News from Glacier Farm Media Network

U.S. grains: Chicago grains and soybeans extend losses as trade fights roil

By P.J. Huffstutter, Reuters March 12, 2025

Chicago Board of Trade grain and oilseeds extended losses on Wednesday after a government crop report showed more U.S. corn inventories than expected, while the latest U.S. tariffs and European counter-measures fueled concerns about trade disruption, traders said.

Crush plants on the Prairies are going flat out these days, including the four in Alberta at Lloydminster (ADM), Fort Saskatchewan (Bunge), Camrose (Cargill) and Lethbridge (Richardson). Photo: iStock

Canola, Markets

ICE Weekly: No end in sight for canola’s downfall

U.S., China tariffs sink canola prices

By Adam Peleshaty March 12, 2025

Tariffs on Canadian canola oil and meal imposed by the United States and China have sunk the futures for the oilseed at the Intercontinental Exchange.

Corn, Markets, Soybeans

CBOT Weekly: Prices expected to slowly recover

Unless tariffs throw a wrench into things

By Glen Hallick - MarketsFarm March 12, 2025

Corn and soybean futures at the Chicago Board of Trade are expected to slowly recover by the end of March, said broker Ryan Ettner of Allendale Inc. in McHenry, Ill. However, the tariff policies of the Trump administration could easily redirect that trend.

Livestock, Reuters

Tariffs make pork business more complicated, Smithfield Foods CEO says

Exports to China, imports of Canadian weanlings caught in tariff crossfire

By Reuters, Tom Polansek March 12, 2025

Tariffs make it more complicated for Smithfield Foods, the biggest U.S. pork processor, to sell all parts of a pig, CEO Shane Smith said on Wednesday, and may disrupt imports of Canadian weanlings.

News, Reuters

Trump’s steel, aluminum tariffs take effect

EU to impose counter tariffs on $28 billion of US goods, including agricultural products

By Geralyn Wichers March 12, 2025

U.S. President Donald Trump’s increased tariffs on steel and aluminum imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired.

Spring runoff on April 27, 2022 at the Pembina Escarpment near Miami, Man., about 40 km northwest of Winkler. (Manitoba Co-operator/Allan Dawson video screengrab)

Weather

Prairie forecast: Dreaded Colorado low on the radar

Forecast issued March 12, covering March 12 to 19, 2025

By Daniel Bezte March 12, 2025

As I mentioned in last weeks weather article, March and April can see some of the biggest snowstorms of the year. While I don't think this one will be one for the record books, there's the potential for some wintery weather across the Prairies between now and the end of the weekend.

A pie chart showing 2025 Canadian crop seeded acreage, sourced from Statistics Canada

Crops, Markets, News

Canada to seed more wheat, less canola in 2025: StatCan

Farmers also seeding more peas, corn and oats

By Phil Franz-Warkentin March 12, 2025

Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.

A soybean crop in Manitoba’s Interlake in 2022. Photo: Greg Berg

Cereals, Corn, Markets, News, Soybeans, Spring Wheat, Winter Wheat

U.S. wheat sees most notable changes in March S/D report

By Glen Hallick - MarketsFarm March 11, 2025

No change was the central theme to the March supply and demand report from the United States Department of Agriculture issued on March 11. In most categories of the World Agricultural Supply and Demand Estimates (WASDE), the USDA kept the same data as in its February report.

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

Markets, Reuters

U.S. grains: Soybean futures end lower for third straight session; corn, wheat fall

By P.J. Huffstutter, Reuters March 11, 2025

Chicago Board of Trade soybean futures ended lower on Tuesday for a third straight session, coming under pressure from hefty South American supplies hitting the global market and uncertainty over how U.S. tariffs will affect domestic demand, traders said.

Livestock, Markets

U.S. livestock: Cattle mixed, hogs down as USDA updates supply/demand numbers

By Geralyn Wichers March 11, 2025

Chicago mercantile exchange cattle ended mixed on Tuesday as the USDA raised its beef production forecast.

U.S. livestock: Cattle futures rise as Cattle on Feed report shows lower inventory

Canadian cattle herd sees first year-over-year increase since 2021

U.S. grains: Soybeans extend gains to two-month peak; corn and wheat choppy

GFM Network News