Markets
Chicago Mercantile Exchange cattle futures made gains today as trends indicate that while contracts have backed away from record highs, market fundamentals remain solid.
Markets
U.S. livestock: Cattle add gains, market fundamentals strong says analyst
North American Grain and Oilseed Review: Dwindling supplies underpin increases
U.S. soybeans, wheat pull back
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Monday due to tighter supplies. Statistics Canada reported canola stocks at the end of 2024 were about 19 per cent smaller than those the year before. Also, the Canadian Grain Commission said canola exports and domestic use remain strong. […] Read more
Speculators exit short positions in canola
Net short smallest since 2023
Speculative fund traders were busy covering bearish bets and putting on new long positions during the first few days of February, taking the net short position in canola to its smallest level since September 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE Canola Midday: Tighter supplies pushing up prices
Reduced stocks with strong exports, domestic use
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise late Monday morning, with the old crop contracts seeing larger increases while the new crop positions were up slightly. Tightening canola supplies in Canada contributed to the gains. Statistics Canada reported on Friday that total canola stocks were at […] Read more
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer Monday morning, as financial markets reacted to the latest tariff threats from United States President Donald Trump. At 8:51 a.m. CST the Canadian dollar was trading at US$0.6971 or US$1=C$1.4345 which compares with Friday’s close of US$0.6994 or US$1=C$1.4298. Trump said Sunday that he would […] Read more
Global Markets: Trump to announce tariffs on steel, aluminum
Canada a major supplier of both to U.S.
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 Trump said on Sunday that his administration will slap 25 per cent tariffs on all steel and aluminum imports. Trump’s formal announcement is expected to be made […] Read more
ICE canola making gains to start week
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was higher Monday morning, seeing a continuation of last week’s gains. Chicago soyoil was lower, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil was up nearly US$1 per barrel despite concerns over tariff threats by United States President Donald Trump. The Canadian […] Read more
Expect smaller margins for error in 2025
Unless you're growing pinto beans, sharpen your pencils when calculating costs of production
Glacier FarmMedia — As of this writing it’s four and a half months until Canadian farmers will plant their next crop and at least eight months before the next harvest. But as of the middle of December, potential profits from growing grains, oilseeds and pulses are looking grim in Western Canada. “Costs have come down […] Read more
Canadian Financial Close: Loonie strengthens to end week
Glacier FarmMedia | MarketsFarm – The Canadian dollar was back in positive territory on Friday, ending the week 0.90 of a United States cent higher than one week earlier. The loonie closed at US$0.6994 or US$1=C$1.4298, more than US$0.6982 or US$1=C$1.4322 on Thursday. Statistics Canada reported today that the country added 76,000 jobs in December […] Read more
U.S. livestock: Cattle prices pull back
Slaughter numbers down for cattle
Live and fed cattle futures on the Chicago Mercantile Exchange were steady to lower on Friday, as the slaughter was behind pace.
Cyber-Savvy Farmer
