Markets & Production Tips

ICE canola declines as loonie strengthens

By GFM Network News January 20, 2025

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market took a step back to start the week, pressured by weaker comparable oils and a stronger Canadian dollar. Malaysian palm oil was down while European rapeseed was mostly lower. Crude oil was down after United States president-elect Donald Trump indicated he would declare a national energy […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, Reuters

U.S. grains: Corn, soy climb on US-China optimism, Argentina weather jitters

By Julie Ingwersen, Reuters January 17, 2025

U.S. corn futures climbed two per cent to a fresh one-year high on Friday and soybeans rose about 1.5 per cent ahead of a long holiday weekend, lifted by Argentine weather worries and cautious optimism about U.S.-China trade relations, analysts said.

Currency Markets

Canadian Financial Close: Loonie ends week in decline

By GFM Network News January 17, 2025

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved lower on Friday due to an increase in the United States dollar and losses in crude oil. The loonie closed at US$0.6928 or US$1=C$1.4435, down from US$0.6950 or US$1=C$1.4388 on Thursday. The U.S. Dollar Index was up 0.45 of a point at 109.40. The U.S. markets […] Read more

Livestock, Markets

U.S. livestock: Lean hogs continue losses; cattle futures mixed

By Geralyn Wichers January 17, 2025

Chicago Mercantile Exchange lean hog futures closed lower on Friday, continuing a streak of losses. Most active April lean hogs settled at 88.325 cents a pound, down 2.225 cents. February lean hogs closed at 81.123 cents a pound, down 1.175 cents.

Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat

Bunge-Viterra deal ‘effectively ends competition’ says NFU

Feds’ conditions not near enough to alleviate concerns

By Glen Hallick - MarketsFarm January 17, 2025

The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.

Futures

ICE review: Canola corrects off nearby lows

By GFM Network News January 17, 2025

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Friday, recovering some of Thursday’s losses as gains in the Chicago soy complex provided spillover support. Weakness in the Canadian dollar and gains in European rapeseed were also supportive, as canola remains attractively priced compared to most other oilseed […] Read more

Markets, News

High-protein wheat expected to survive tariffs

Analysts say the global appeal of Canadian Western Red Spring wheat will help cushion the effects of any U.S. levies

By Jeff Melchior January 17, 2025

A 25 per cent tariff on all Canadian goods exported to the United States would be painful, say market analysts, but some agricultural sectors, such as canola, may feel it more than others. Meanwhile, high-protein wheat classes such as Canadian Western Red Spring (CWRS) may survive the new world order of international trade.

Futures

ICE canola correcting higher to end week

By GFM Network News January 17, 2025

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was higher at midday Friday, taking back some of Thursday’s losses as a turn higher in the Chicago soy complex provided spillover support. Ideas the losses in canola were overdone contributed to the gains, with the weakness also likely bringing in some […] Read more

Global markets

Global Markets: Freeland to run for Liberal leadership

By GFM Network News January 17, 2025

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Former Canadian finance minister Chrystia Freeland confirmed in a social media post Friday that she would run to become the next leader of the Liberal Party. A formal campaign launch is set for Sunday, Jan. […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Canola, crude oil weaken

By GFM Network News January 17, 2025

Glacier FarmMedia | MarketsFarm – The Canadian dollar fell sharply on Friday morning. The loonie was at US$0.6921 or US$1=C$1.4449 as of 8:35 a.m. CST, compared to Thursday’s close at US$0.6950 or US$1=C$1.4388. The United States Dollar Index gained 0.43 of a point at 109.39. Crude oil was lower as the Israel-Hamas ceasefire outweighed sanctions […] 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

ICE canola declines as loonie strengthens

U.S. grains: Corn, soy climb on US-China optimism, Argentina weather jitters

Canadian Financial Close: Loonie ends week in decline

U.S. livestock: Lean hogs continue losses; cattle futures mixed

Bunge-Viterra deal ‘effectively ends competition’ says NFU

ICE review: Canola corrects off nearby lows

High-protein wheat expected to survive tariffs

ICE canola correcting higher to end week

Global Markets: Freeland to run for Liberal leadership

Canadian Dollar and Business Outlook: Canola, crude oil weaken

AgCanadaTV

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

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