Markets
Live and fed cattle futures on the Chicago Mercantile Exchange were higher on Wednesday
Markets
U.S. livestock: Cattle, hogs rise on strong exports
Hog exports have second best December
CBOT Weekly: Hard to determine where markets could go
Tariffs issues clouding pathways
With global trade in something of a chaotic mess due to the Trump administration threatening to impose tariffs and placing levies on China, the futures for soybeans, corn and wheat are very difficult to determine said Terry Reilly, senior agricultural specialist for Marex. Added to that, he suggested there could be a few surprises in the February supply and demand report from the United States Department of Agriculture.
Bunge Q4 profit falls on weak crush margins, forecasts 2025 earnings drop
Trade tensions and biofuel uncertainty weigh on sector
U.S. crop commodities trader Bunge Global posted a larger-than-expected quarterly profit drop on Wednesday and warned that 2025 earnings could sink to the lowest in six years as trade tensions and biofuel policy uncertainty drag on the agricultural sector.
North American grain/oilseed review: Canola backs off nearby highs
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Wednesday, backing away from the two-and-a-half month highs hit Tuesday as losses in outside markets weighed on values. Sharp declines in crude oil spilled into world vegetable oil markets on Wednesday, with Chicago soyoil, European rapeseed and Malaysian palm oil […] Read more
ICE canola weakens at midday Wednesday
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Wednesday, taking back Tuesday’s gains as losses in outside markets weighed on values. Sharp declines in crude oil spilled into world vegetable oil markets on Wednesday, with Chicago soyoil, European rapeseed and Malaysian palm oil all lower. The […] Read more
Global Markets: Canada records trade surplus in December
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that Canada posted a trade surplus of C$708 million in December, its first in 10 months. By comparison, there was a C$986 million trade deficit in November and a 4.9 per […] Read more
Canadian Dollar and Business Outlook: Loonie surpasses 70 U.S. cents
Glacier FarmMedia | MarketsFarm – The Canadian dollar continued to rise on Wednesday morning after planned tariffs on Canadian goods entering the United States were delayed until March. The loonie was at US$0.7003 or US$1=C$1.4280 as of 8:35 a.m. CST, compared to Tuesday’s close at US$0.6971 or US$1=C$1.4345. The United States Dollar Index stepped back by […] Read more
ICE Canada Morning Comment: Canola stepping back
Declines in soy pulling canola down
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Wednesday morning, following the Chicago soy complex to the downside. There were also losses in European rapeseed, but Malaysian palm oil nudged upward. Declines in crude oil weighed on vegetable oil values. Despite the pull back in canola this morning, […] Read more
Wish not for a weak Canadian dollar
Investing for Fun and Profit: Weak currency is symptomatic of weak investing confidence in a country
There exists what I believe is a very common misconception that a weak currency is good for the economy. Statements by news media and politicians often parrot this theme because on a short-term basis, exports become cheaper for foreign buyers and imports more expensive for domestic purchasers, theoretically enhancing domestic production. However, what’s missing in […] Read more
Canadian Financial Close: Turn-around Tuesday for loonie
Glacier FarmMedia | MarketsFarm – The Canadian dollar sharply rose on Tuesday to its highest close since Jan. 24 after planned tariffs on Canadian goods entering the United States were delayed. The loonie closed at US$0.6971 or US$1=C$1.4345, higher than US$0.6848 or US$1=C$1.4603 on Monday. The U.S. Dollar Index lost 1.03 points at 107.96. Meanwhile, […] Read more
Cyber-Savvy Farmer
