Markets & Production Tips

ICE Canada Morning Comment: Bad news on U.S. biofuel tax credit

Canola appears to have been excluded from changes to Section 45Z

By GFM Network News January 16, 2025

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures are weaker Thursday in heavy activity that’s seen the March canola contract fall well below its major moving averages. It appears canola is now excluded from the latest changes the United States Department of the Treasury made to the Section 45Z biofuel tax […] Read more

Beef Cattle, Cattleman’s Corner, Columns, Markets

Lots of unknowns keep cattle market interesting

The Markets: Several trends have a floor under the cattle feeder complex, for now

By Jerry Klassen January 16, 2025

During the last week of November, Alberta packers were buying fed cattle on a live basis at $243-$244 per hundredweight, f.o.b. feedlot in southern Alberta. The fed market has been relatively flat over the past month. The Canadian slaughter has been running below year-ago levels but the year-over-year increase in fed cattle exports has kept […] Read more

Beef Cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle futures boosted by strong beef prices

By Phil Franz-Warkentin January 15, 2025

Live and feeder cattle futures on the Chicago Mercantile Exchange were stronger Wednesday, as rising beef prices underpinned the markets.

Markets

ICE canola weekly outlook: Outside forces supportive

By Phil Franz-Warkentin January 15, 2025

ICE Futures canola market traded within a wide range during the week ended Jan. 15, hitting its strongest levels since November at one point before backing away from those highs.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Markets, Reuters

U.S. grains: Corn firm on Argentina weather worries, soybeans retreat

By Julie Ingwersen, Reuters January 15, 2025

Benchmark U.S. corn futures rose on Wednesday, hovering near one-year highs as traders continued to adjust to a tighter supply outlook projected last week by the U.S. Department of Agriculture (USDA) and fretted about Argentine crop weather, analysts said.

Currency Markets

Canadian Financial Close: Loonie up, crude oil soars

By GFM Network News January 15, 2025

The Canadian dollar had its highest close in nearly a month on Wednesday. The loonie closed at US$0.6976 or US$1=C$1.4334, up from US$0.6958 or US$1=C$1.4371 on Tuesday. The closing rate hadn’t been this high for the loonie since Dec. 17. The United States Dollar Index was down 0.23 of a point at 109.05. Inflation in […] Read more

Futures

North American grain/oilseed review: Canola drops late Wednesday

By GFM Network News January 15, 2025

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Wednesday, retreating from earlier gains in the final hour of trade. Canola had been trading within a few dollars of unchanged for most of the session before turning sharply lower in sympathy with Chicago soyoil. Traders were unsure what may […] Read more

Corn, Markets, Soybeans, Spring Wheat, Winter Wheat

CBOT Weekly: S/D report underpinning U.S. corn, soybeans

More winter wheat acres pressures prices

By Glen Hallick - MarketsFarm January 15, 2025

Corn and soybean futures on the Chicago Board of Trade continued to be supported by the latest supply and demand report issued by the United States Department of Agriculture, said analyst Bryan Strommen of Progressive Ag in Fargo, ND. Meanwhile, wheat has been contending with pressure from an increase in acres.

Futures

ICE canola turning higher at midday Wednesday

By GFM Network News January 15, 2025

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small gains at midday Wednesday, as uncertainty over possible tariffs in the United States countered support from gains in soyoil. The U.S. is the primary destination for Canadian canola oil exports, and the 25 per cent tariffs threatened by incoming […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Loonie, crude oil higher

By GFM Network News January 15, 2025

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved closer to the 70 United States cent level on Wednesday morning. The loonie was at US$0.6984 or US$1=C$1.4318 as of 8:35 a.m. CST, compared to Tuesday’s close at US$0.6958 or US$1=C$1.4371. The United States Dollar Index lost 0.60 of a point at 108.67 after it was reported […] 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 Canada Morning Comment: Bad news on U.S. biofuel tax credit

Lots of unknowns keep cattle market interesting

U.S. livestock: Cattle futures boosted by strong beef prices

ICE canola weekly outlook: Outside forces supportive

U.S. grains: Corn firm on Argentina weather worries, soybeans retreat

Canadian Financial Close: Loonie up, crude oil soars

North American grain/oilseed review: Canola drops late Wednesday

CBOT Weekly: S/D report underpinning U.S. corn, soybeans

ICE canola turning higher at midday Wednesday

Canadian Dollar and Business Outlook: Loonie, crude oil higher

AgCanadaTV

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

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