Markets
Feed barley prices in Western Canada were strengthening in early February, although activity was somewhat limited given the threat of tariffs from the United States still overhanging the North American markets.
Markets
Feed grain update: Barley bids edge up amid trade uncertainty
Tightening stocks supportive
ICE Canola Midday: Losses pressing for second day
Lack of support from comparable oils
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued lower late Thursday morning, due to a lack of support from comparable oils. The Chicago soy complex was relatively steady, while there were losses in European rapeseed and Malaysian palm oil. As crude oil stepped back, it put pressure on the vegetable […] Read more
Global Markets: Trump says he will announce reciprocal tariffs
Some details likely to come Thursday afternoon
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald President Trump stated, “today is the big one” on his Truth Social platform in reference to reciprocal tariffs on Thursday. However, reports said Trump’s formal announcement has […] Read more
ICE canola starts day in decline
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was slightly lower on Thursday morning to go with negative sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were lower at the start of the day. Crude oil prices were also down on speculation of peace talks to end the Russian invasion of Ukraine. […] Read more
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer Thursday morning, edging above the 70 U.S. cent mark. At 8:36 a.m. CST the Canadian dollar was trading at US$0.7001 or US$1=C$1.4284 which compares with Wednesday’s close of US$0.6994 or US$1=C$1.4298. Investment in building construction in Canada rose 1.9 per cent in December to […] Read more
U.S. grains: Soybean futures fall on weak Chinese demand, mounting supplies
Chicago soy futures eased on Wednesday, pushed lower by Tuesday's U.S. Department of Agriculture report that forecast higher-than-expected U.S. soybean stocks, and continued concerns over weak Chinese demand for U.S. soy, analysts said.
Canadian Financial Close: C$ steady amid trade uncertainty
Glacier FarmMedia | MarketsFarm — The Canadian dollar held relatively steady on Wednesday, lacking any clear direction as currency traders continued to make sense of shifting trade policy out of the United States. The Canadian dollar settled at US$0.6994 or US$1=C$1.4298, which compares with Tuesday’s close of US$0.6990 or US$1=C$1.4307. The U.S. Consumer Price Index […] Read more
ICE Canada Weekly: Canola set to climb higher
Supplies getting tighter
Canola has been on something of a tear for about a month with increases in 16 of its last 20 sessions on the Intercontinental Exchange as of Feb. 12. Despite a great amount of political chaos surrounding all of the markets, the Canadian oilseed is poised to climb higher for the rest of February, said broker Tony Tryhuk of RBC Dominion Securities in Winnipeg, Man.
North American Grain and Oilseed Review: Canola rally snaps
U.S. soybeans, wheat pull back, corn the outlier
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Wednesday only for the fourth time in the last 20 sessions. The pressure from losses in the Chicago soy complex and European rapeseed was too much for canola despite support from gains in Malaysian palm oil. Declines in crude […] Read more
CBOT Weekly: Tariff threats eclipse USDA report
Trump talks bring pressure to crop prices
Tariff threats from United States President Donald Trump overshadowed the USDA's monthly supply/demand estimates during the week ended Feb. 12, 2025.
Cyber-Savvy Farmer
