Markets
Brazil will export more soybeans to China and more soymeal to its main clients in Europe, the Middle East and Southeast Asia in 2025 amid the trade war between the United States and China, a director at industry group Abiove said on Thursday.
Markets
Brazil to export more soy to China amid trade war, Abiove says
Global Markets: Chinese tariffs hitting Canadian businesses
100 per cent levies on imports of canola oil, meal and other ag, seafood products
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. About 36 per cent of Canadian agricultural and seafood businesses have been affected by China’s tariffs, said a report issued this week by the Canadian Federation of Independent Business. The report […] Read more
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer relative to its United States counterpart Friday morning. At 9:17 a.m. CDT the Canadian dollar was trading at US$0.7215 or US$1=C$1.3860 which compares with Thursday’s close of US$0.7209 or US$1=C$1.3872. Canadian retail sales decreased by 0.4 per cent in February to C$69.3 billion, reported […] Read more
ICE canola eases off
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was posting small losses Friday morning, backing away from overnight gains after running into resistance. The nearby July contract traded above the psychological C$700 per tonne level in overnight trade, but failed to hold above that key chart point. Chicago soyoil and Malaysian palm oil were […] Read more
Tariffs decrease disposable income and lower beef demand
The Markets: The unknown question is, how long could it be until demand affects beef pricing?
Tariffs lower standard of living, and for beef producers lower consumer spending will eventually mean less demand and lower prices.
U.S. livestock: Hogs slip on news China cancelled some U.S. pork shipments
Most Chicago lean hog futures slid on Thursday as the U.S. Department of Agriculture reported China had canceled 12,000 metric tons of U.S. pork exports in the week ending April 17.
U.S. grains: Soybeans gain strength as investors hope for more demand outside China
Chicago soybean futures rose for a fourth session on Thursday to hold at a two-month high as the potential for demand outside of China appeared to be rising, and comments by U.S. officials on a possible de-escalation in the trade standoff with that country continued to lend some support to the oilseed market.
Canadian Financial Close: C$ firm Thursday
Glacier FarmMedia | MarketsFarm — The Canadian dollar was firmer on Thursday, as broad strength in global equity markets lent some support. The Canadian dollar was trading at US$0.7222 or US$1=C$1.3847 late Thursday, which compares with Wednesday’s close of US$0.7209 or US$1=C$1.3871. Canada’s economy saw muted growth in the first three months of the year, […] Read more
North American Grain and Oilseed Review: A spike in old crop canola
A positive day in Chicago
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to rally on Thursday with the strongest gains in the old crop months. An analyst stated that price rationing in canola is inevitable with Canada’s dwindling supplies. Year-to-date canola exports are poised to surpass the 7.50 million tonnes projected by Agriculture […] Read more
Feed Grain Weekly: Prices rise on seasonality
C$3 to C$5/tonne weekly increases reported
Feed prices in the Lethbridge area during the week ended April 24 were slightly higher as growers get deeper into springtime.
Cyber-Savvy Farmer
