Markets
Benchmark U.S. corn futures fell nearly three per cent on Monday as worries about trade tensions and ample South American harvests appeared to spur commodity funds to liquidate more of their large net long positions, traders said.
Markets
U.S. grains: Corn extends slide as trade woes, big South American crops spur sell-off
Canadian Financial Close: Loonie inches up a little before tariffs
Trump seemingly determined to slap levies on Canada, Mexico, China
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was a pinch higher on Monday, ahead of United States tariffs that are very likely to be imposed tomorrow. The loonie closed Monday at US$0.6931 or US$1=C$1.4428, compared to Friday’s finish of US$0.6926 or US$1=C$1.4438. On the U.S. Dollar Index, the greenback dropped […] Read more
U.S. livestock: Cattle, hog prices hit multi-month lows
Cattle futures on the Chicago Mercantile Exchange came out of the weekend in a similar way to how they entered it, showing downward momentum. Meanwhile, the United States prepares to issue tariffs on Canadian, Mexican and Chinese imports starting tomorrow. The April live cattle contract dropped 0.400 U.S. cents per pound to end Monday at […] Read more
North American grain/oilseed review: Canola weaker as U.S. tariffs loom
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at Monday’s close, as investors took a “risk off” approach ahead of United States tariffs set to come into effect on Tuesday. Losses in the Chicago soy complex contributed to the selling pressure in canola. The managed money net long […] Read more
ICE canola continues lower to start week
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, seeing a continuation of Friday’s downturn while taking some direction from the Chicago soy complex. Malaysian palm oil and European rapeseed futures were also softer on the day. Uncertainty ahead of United States tariffs set to […] Read more
Global Markets: Trudeau meets with King Charles
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Justin Trudeau met with King Charles in London on Monday to discuss “matters of importance to Canada and to Canadians.” The meeting comes just ahead of threatened tariffs from the United States and […] Read more
Canadian Dollar and Business Outlook: Loonie pushes higher
Trump appears to be set to slap levies on Canada, Mexico tomorrow
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up on Monday morning due to weakness in its United States counterpart the day ahead of the Trump administration imposing tariffs on imports from Canada and Mexico. As of 8:38 am CST, the loonie was at US$0.6944 or US$1=C$1.4400 compared to Friday’s close of […] Read more
ICE canola starts week in positive territory
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made slight gains to start the week. Chicago soyoil and Malaysian palm oil were both higher while European rapeseed was mixed. Crude oil increased as uncertainty over tariffs and a deal to end the Russian invasion of Ukraine was in focus. The Canadian dollar was up […] Read more
U.S. grains: Chicago grains fall as tariff anxiety grows
Chicago wheat, corn and soybean futures dipped on Friday as market players continued to worry about the impact of tariffs on U.S. agricultural trade.
Canadian Financial Close: Loonie, crude oil fall further
Glacier FarmMedia | MarketsFarm – The Canadian dollar added to its losses on Friday, as it dropped more than one United States cent over the past week. The loonie ended the day at US$0.6926 or US$1=C$1.4438, compared to US$0.6934 or US$1=C$1.4422 on Thursday. Statistics Canada reported today that the country’s GDP increased by 2.6 per […] Read more
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