Markets
At the time of writing this article, the implementations of U.S. tariffs and Canadian retaliatory measures were delayed for 30 days. However, the threat remains. This is the wild card moving forward.
Markets
Cattle market volatility increases as tariff uncertainty continues
Resumption of U.S./Mexico cattle trade will temper market upside
U.S. livestock: Hogs down, cattle mixed
Chicago lean hog contracts were down on Thursday, while cattle were mixed.
U.S. grains: Chicago grains, soy rebound on demand uptick, weak dollar
Chicago Board of Trade corn and soybean futures turned higher on Thursday, after private estimates for Argentina's corn and soy crops fell, analysts said.
Canadian Financial Close: C$ weakens Thursday
Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Thursday amid ongoing uncertainty over the escalating trade war with the United States. The Canadian dollar settled at US$0.6940 or US$1=C$1.4409, which compares with Wednesday’s close of US$0.6949 or US$1=C$1.4391. The total value of building permits issued in Canada dipped by 3.2 per cent […] Read more
North American Grain/Oilseed Review: Canola retreats, grains bounce back
Glacier FarmMedia | MarketsFarm — The ICE Futures canola market declined further Thursday due to tariff-related pressure despite making gains earlier in the day. One analyst said the rise could have been a “dead cat bounce”, a brief respite before resuming their downturn. Another said shifting basis values have caused the canola market to be “paralyzed”. […] Read more
Feed grains weekly: Looming tariffs scaring away demand
Feed market is ‘wait and see’ says broker
Ongoing tariff uncertainty continues to curtail demand in the feed sector across the Canadian Prairies, said broker Evan Peterson of JGL Commodities in Saskatoon.
ICE Midday: Canola bounces back
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market received some relief on Thursday from tariff-related pressure seen this week. One analyst said the rise in canola prices could be a “dead cat bounce”, a brief respite before resuming their downturn. Another said shifting basis values have caused the canola market to be “paralyzed”. Statistics […] Read more
Canadian canola crush hits record in 2024, but soybeans down
Canola crush up 8.1 per cent, soybeans down 11.6 per cent
Canadian oilseed processors crushed a record 11.37 million tonnes of canola in 2024, reported Statistics Canada. However, the Canadian soybean crush fell by 11.6 per cent in 2024 to 1.56 million tonnes.
Global Markets: Carney to be sworn in on Friday
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Mark Carney will be sworn in as Canada’s 24th Prime Minister at Rideau Hall in Ottawa on Friday. The former governor for the Bank of Canada and the Bank of England was selected overwhelmingly by […] Read more
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding relatively steady Thursday morning amid ongoing tariff uncertainty. At 8:52 a.m. CDT the Canadian dollar was trading at US$0.6951 or US$1=C$1.4386 which compares with Wednesday’s close of US$0.6949 or US$1=C$1.4391. The total value of building permits issued in Canada dipped by 3.2 per cent in […] Read more
Cyber-Savvy Farmer
