Markets
The International Grains Council on Thursday maintained its forecast for 2025/26 global corn production with a slightly improved outlook for crops in the United States offset by downward revisions for Hungary and Romania.
Markets
IGC maintains 2025/26 world corn and wheat crop forecasts
Larger U.S. crop offset by reductions elsewhere
Global Markets: Carney imposes tariffs to protect Canadian steel industry
Attempting to stymie imports of cheap foreign steel
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Mark Carney announced on Wednesday that 50 per cent tariffs will be slapped on imports of cheap foreign steel in order to bolster domestic production. Carney said […] Read more
ICE canola continues its choppy trade
Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange rebounded early Thursday from Wednesday’s sharp losses, strengthened by a weaker Canadian dollar and rising comparable oils. Chicago soyoil and European rapeseed were higher while Malaysian palm oil was slightly lower. Crude oil made gains due to inflamed tensions in the Middle East as […] Read more
U.S. grains: Soybean futures jump on hopes for US export demand
Chicago Board of Trade soybean futures jumped on hopes for U.S. export demand on Wednesday, while corn futures rose for a third day to extend a recovery from contract lows, analysts said.
ICE Canada Weekly: Decent outlook of old, new crop weigh on canola futures
New crop looking good, but needs rain
The outlook for canola futures on the Intercontinental Exchange appears to be on a downward slide, said Bill Craddock, a Manitoba-based trader and farmer.
Canadian Financial Close: C$ ends steady Wednesday
Glacier FarmMedia — The Canadian dollar was steady on the day at Wednesday’s close, recovering from three-week lows relative to its United States counterpart earlier in the session. The Canadian dollar settled at US$0.7293 or US$1=C$1.3712, which compares with Tuesday’s close of US$0.7294 or US$1=C$1.3710. The U.S. dollar was broadly weaker internationally amid reports President […] Read more
CBOT Weekly: Grain prices showing weakness
USDA report, trade tensions pressure markets
Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.
North American Grain and Oilseed Review: Canola falls hard
Increases for U.S. soy, corn as wheat mixed
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned weaker on Wednesday, despite support from gains in the Chicago soy complex and Malaysian palm oil. Speculation that a deal would see China reopen its borders to Australian canola likely accounted for some of the selling pressure. A trader said he […] Read more
ICE Canola Midday: Declines ‘defy logic’ says trader
Believes there could more old crop canola still out there
By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures remained lower late Wednesday morning, leaving at least one trader wondering why. “It defies logic,” the trader said. He suggested an influx of canola being hauled to Prairies elevators could be one reason for today’s losses. “There must be more canola out […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was weaker Wednesday morning. At 9:08 a.m. CDT the Canadian dollar was trading at US$0.7273 or US$1=C$1.3749 which compares with Tuesday’s close of US$0.7294 or US$1=C$1.3710. The income gap between the highest and lowest income households in Canada reached a record high in the first quarter of 2025 at […] Read more