Markets & Production Tips

Global Markets: Amazon closing Quebec facilities

More than 1,700 to lose jobs

By GFM Network News January 22, 2025

By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Amazon announced on Wednesday it will close seven Quebec facilities in the coming weeks putting more than 1,700 people out of work. Those include locations in Montreal, Coteau-du-Lac, and Laval, citing […] Read more

Currency Markets

Canadian dollar and business outlook

By GFM Network News January 22, 2025

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding near unchanged Wednesday morning. At 8:49 a.m. CST the Canadian dollar was trading at US$0.6956 or US$1=C$1.4376 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 month, while the Raw […] Read more

Futures

ICE canola regains positive momentum

By GFM Network News January 22, 2025

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market recovered the previous day’s losses in the old crop contracts on Wednesday despite weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to start the day. Crude oil also showed small declines. The Canadian dollar was steady compared to Tuesday’s […] Read more

Markets, Reuters

U.S. grains: Corn, soy rally as Trump postpones threatened tariffs

By Renee Hickman, Reuters January 21, 2025

Chicago Board of Trade corn futures hit a fresh one-year high on Tuesday, as the tariffs promised by newly sworn-in U.S. President Donald Trump did not materialize, traders said.

Livestock, Markets

U.S. livestock: Cattle futures mixed, lean hogs dip

By Geralyn Wichers January 21, 2025

Chicago Mercantile Exchange cattle futures were mixed as trade resumed following the U.S. long weekend. Most active April live cattle futures closed with small losses, reaching 197.325 cents per pound, down 0.175 cents. February live cattle gained 0.300 cents to close at 197.050 cents per pound.

Currency Markets

Canadian Financial Close: C$ weakens in choppy trade

By GFM Network News January 21, 2025

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer on Tuesday, as financial markets continued to try and make sense of shifting tariff-talk from United States President Donald Trump. The Canadian dollar settled at US$0.6961 or US$1=C$1.4366 on Tuesday, which compares with Monday’s close of US$0.6978 or US$1=C$1.4330. While no tariffs on Canadian […] Read more

Futures

North American Grain and Oilseed Review: Canola almost recovers

Strong gains for U.S. soybeans, wheat

By GFM Network News January 21, 2025

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – In a dramatic turnaround, Intercontinental Exchange canola futures nearly erased all of their losses on Tuesday. While old crop contracts closed with small declines, the new crop positions tacked on slight increases. During the overnight session, double-digit losses were incurred after United States President Donald Trump […] Read more

Markets, Pulses

Pulse weekly: Slight Canadian acreage shifts expected in 2025

More peas and lentils, less chickpeas and beans

By Phil Franz-Warkentin January 21, 2025

Total Canadian pulse plantings are expected to hold relatively steady in 2025, with Canadian farmers seeding more peas and lentils while cutting area to chickpeas and edible beans, according to early estimates from Agriculture and Agri-Food Canada released Jan. 20.

Markets, News, Reuters

Argentina crops threatened by ongoing drought despite recent rainfall

By Reuters January 21, 2025

Recent rains in Argentina's agricultural heartland have not alleviated concerns that ongoing drought could further hurt crop yields, the Rosario grains exchange said in a report released on Monday.

Futures

ICE Canola Midday: Renewed tariff threat pulling prices down

AAFC forecasts less canola for 2025/26

By GFM Network News January 21, 2025

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mostly lower late Tuesday morning, after United States President Donald Trump stated he could impose 25 per cent tariffs on U.S. imports from Canada and other countries as early as Feb. 1. “There’s no question the tariffs will hurt the Canadian economy,” […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

Markets

Global Markets: Amazon closing Quebec facilities

Canadian dollar and business outlook

ICE canola regains positive momentum

U.S. grains: Corn, soy rally as Trump postpones threatened tariffs

U.S. livestock: Cattle futures mixed, lean hogs dip

Canadian Financial Close: C$ weakens in choppy trade

North American Grain and Oilseed Review: Canola almost recovers

Pulse weekly: Slight Canadian acreage shifts expected in 2025

Argentina crops threatened by ongoing drought despite recent rainfall

ICE Canola Midday: Renewed tariff threat pulling prices down

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

Cyber-Savvy Farmer

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