Markets & Production Tips

ICE canola hits one-month highs Friday morning

By GFM Network News January 10, 2025

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Friday morning, hitting its highest levels in over a month as rallies in crude oil and Chicago soyoil provided spillover support. European rapeseed and Malaysian palm oil futures were also stronger on the day. The United States Department of […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Strength in greenback, crude oil keep loonie in check

StatCan says unemployment eases back

By GFM Network News January 10, 2025

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar held steady on Friday morning as increases in the United States dollar and crude oil cancelled out each other. As of 8:38 am CST, the loonie was at US$0.6948 or US$1=C$1.4397 compared to Thursday’s close of US$0.6949 or US$1=C$1.4395. On the U.S. Dollar Index, the […] Read more

Markets, Reuters

U.S. grains: Soybeans, corn rise as traders position ahead of USDA report

By Renee Hickman, Reuters January 9, 2025

Chicago soybean and corn futures ticked up on Thursday as traders squared positions ahead of a major U.S. Department of Agriculture supply-and-demand report due on Friday.

Markets, Reuters

U.S. livestock: Cattle futures take back losses to hit fresh highs

By Geralyn Wichers January 9, 2025

Chicago Mercantile Exchange cattle futures hit fresh highs on Thursday after Wednesday’s technical reversal.

Currency Markets

Canadian Financial Close: Loonie stabilizes

Greenback, crude oil effectively cancel out each other

By GFM Network News January 9, 2025

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Thursday, as upticks in the United States dollar and crude oil essentially balanced out each other. The loonie closed on Thursday at US$0.6947 or US$1=C$1.4395, compared to Wednesday’s finish of US$0.6949 or US$1=1.490. On the U.S. Dollar Index, the […] Read more

Barley, Cereals, Markets, Spring Wheat, Winter Wheat

Feed Grains Weekly: Demand lull to keep prices lower for now

Increases unlikely until late February

By Glen Hallick - MarketsFarm January 9, 2025

As January began, feed grain prices on the Canadian Prairies remained lower and are likely to stay that way until spring, commented broker Evan Peterson of JGL Commodities in Saskatoon.

Futures

North American Grain/Oilseed Review: Canola lower, grains mixed

By GFM Network News January 9, 2025

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was lower on Thursday despite mostly positive sentiment in comparable oils. Chicago soyoil and European rapeseed were higher while Malaysian palm oil was down. Crude oil made gains as demand for heating fuel outweighed growing United States stockpiles. One analyst said despite canola’s declines, Chicago soyoil […] Read more

Cereals, Markets, News, Spring Wheat, Winter Wheat

Second spring wheat futures market on the horizon

Making the smallest contract even smaller - analyst

By Glen Hallick - MarketsFarm January 9, 2025

The CME Group has plans to launch a new Hard Red Spring Wheat futures and options market in the second quarter of 2025, rivalling the Minneapolis hard red spring wheat contracts now traded through the MIAX platform.

Futures

ICE Midday: Canola dips lower

By GFM Network News January 9, 2025

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was slightly lower in the middle of trading on Thursday despite mostly positive sentiment in comparable oils. Chicago soyoil and European rapeseed were higher while Malaysian palm oil was lower. Crude oil made gains as demand for heating fuel outweighed growing United States stockpiles. Most U.S. […] Read more

Livestock, Markets, Reuters

USDA says it has not set Jan. 20 as date to resume Mexican cattle imports

By Reuters January 9, 2025

The U.S. Department of Agriculture has not established Jan. 20 as a date to resume cattle imports from Mexico, the agency said on Wednesday, after it blocked shipments in November over the discovery of the New World screwworm pest in Mexico.

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 hits one-month highs Friday morning

Canadian Dollar and Business Outlook: Strength in greenback, crude oil keep loonie in check

U.S. grains: Soybeans, corn rise as traders position ahead of USDA report

U.S. livestock: Cattle futures take back losses to hit fresh highs

Canadian Financial Close: Loonie stabilizes

Feed Grains Weekly: Demand lull to keep prices lower for now

North American Grain/Oilseed Review: Canola lower, grains mixed

Second spring wheat futures market on the horizon

ICE Midday: Canola dips lower

USDA says it has not set Jan. 20 as date to resume Mexican cattle imports

AgCanadaTV

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

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