Markets
Chicago Mercantile Exchange live and feeder cattle futures climbed to life of contract highs on Wednesday, as funds took a massive net long position, analysts said.
Markets
U.S. livestock: Cattle futures surge as funds take huge net long position
U.S. grains: Chicago soy, corn futures lower on profit-taking, Argentina weather
Chicago corn and soybean futures eased from the previous session's multi-month peaks on Wednesday on profit taking and timely rains forecast for Argentina, said analysts.
Canadian Financial Close: C$ steady Wednesday
Glacier FarmMedia | MarketsFarm — The Canadian dollar held near unchanged on Wednesday after seeing large moves earlier in the week. The Canadian dollar settled at US$0.6959 or US$1=C$1.4369 on Wednesday, which compares with Tuesday’s close of US$0.6961 or US$1=C$1.4366. Canada’s Industrial Product Price Index rose 0.2 per cent in December compared to the previous […] Read more
ICE Canada Weekly: Canola facing ‘extreme uncertainties’ says trader
Excluded from U.S. biofuel tax credits, facing tighter supplies
The path canola is to take as January turns to February has been marked by “extreme uncertainties,” explained broker Ken Ball of Ventum Financial in Winnipeg.
CBOT Weekly: Headlines dictate U.S. futures
Tariff threats, weather cause up-and-down trade
Tariff threats from U.S. President Donald Trump as well as weather concerns at home and abroad are creating a roller-coaster ride for U.S. grain futures during the week ended Jan. 22, 2025.
North American Grain and Oilseed Review: Rebalancing leads to gains in canola
CBOT fluctuates after yesterday’s strong increases
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm –Intercontinental Exchange canola futures clung to small increases on Wednesday after pulling back from larger gains. A trader said there’s a “rebalancing” of canola with Chicago soy, as the Canadian oilseed lagged by upwards to C$100 per tonne over the last two weeks. He noted that soyoil […] Read more
ICE Canola Cash Close
The following are the closing cash canola prices from ICE Futures. Source: ICE Futures 1 Canada NCC Best Bid Price Basis Contract Change CANOLA *Par Region 614.50 -15.00 March 2025 dn 2.40 Basis: Thunder Bay 650.10 20.00 March 2025 up 0.60 Basis: Vancouver 675.10 45.00 March 2025 up 5.60 All prices in Canadian dollars per […] Read more
ICE Canola Midday: Oilseed rebalancing with U.S. soy
Lots of uncertainty looms over canola says broker
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were pushing higher late Wednesday morning, despite sharp losses in Chicago soyoil. “It’s a rebalancing,” said a broker. “(Canola) lagged the soy market by almost $100 per tonne over the last two weeks. Eventually that will reverse as the spreaders will push it […] Read more
Brazilian soy shipments to China from five firms halted, sources say
China, the world's biggest soybean buyer, has stopped receiving Brazilian soybean shipments from five entities after cargoes did not meet phytosanitary requirements, two sources with direct knowledge of the matter told Reuters on Wednesday.
Manitoba Ag Days: Loonie above 70 cents? Not anytime soon, says Farm Credit Canada
The dollar may be in the stratosphere, but few experts are predicting that it will weaken anytime soon. That includes economists with FCC.
Cyber-Savvy Farmer
