Markets & Production Tips

Global Markets: California fires still ablaze

By GFM Network News January 9, 2025

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Five wildfires are still in progress in Los Angeles and the surrounding areas with 130,000 people asked to evacuate and more than 2,000 buildings destroyed by the blazes. One of those blazes, the Sunset Fire, broke […] Read more

Futures

ICE canola posting losses Thursday morning

By GFM Network News January 9, 2025

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small losses Thursday morning, taking back some of yesterday’s gains as the futures ran into chart resistance. Overnight losses in Malaysian palm oil accounted for some spillover selling pressure, as the palm market hit its softest levels since October. […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Loonie standing pat

U.S. markets to observe Carter's state funeral

By GFM Network News January 9, 2025

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady Thursday morning as the United States dollar was firm while crude oil only made small increases. As of 8:35 am CST, the loonie was at US$0.6944 or US$1=C$1.4399 compared to Wednesday’s close of US$0.6949 or US$1=C$1.4390. On the U.S. Dollar Index, the […] Read more

Markets, Reuters

U.S. livestock: CME cattle futures fall; lean hogs make slight gains

By Geralyn Wichers January 8, 2025

Most active February live cattle futures settled at 193.700 cents per pound, down 1.875 cents a pound from Tuesday. March live cattle futures fell 2.025 cents per pound to 266.025 cents a pound.

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

Markets, Reuters

U.S. livestock: Chicago grains, soy fall on dollar gains as traders await USDA data

By Renee Hickman, Reuters January 8, 2025

Chicago corn, soy and wheat futures dipped on Wednesday as the dollar jumped on uncertainty over U.S. President-elect Donald Trump's tariff plans, and as investors squared positions and awaited supply and demand data from the U.S. Department of Agriculture.

Currency Markets

Canadian Financial Close: More Trump tariff talk weakens loonie

Significant upswing in U.S. greenback

By GFM Network News January 8, 2025

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar gave up a quarter cent on Wednesday as the United States dollar was stronger. The loonie closed on Wednesday at US$0.6949 or US$1=1.4390, compared to Tuesday’s finish of US$0.6974 or US$1=1.4340. On the U.S. Dollar Index, the greenback gained 0.467 of a point […] Read more

“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg

Canola, Markets, Soybeans

ICE Weekly: No news means no canola price movement

By Adam Peleshaty January 8, 2025

A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.

Futures

North American Grain/Oilseed Review: Canola rebounds, grains drop

By GFM Network News January 8, 2025

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market bounced back on Wednesday, helped out by a weaker Canadian dollar. Chicago soyoil and European rapeseed were up, while Malaysian palm oil was down. Crude oil was also lower, pressured by a stronger United States dollar. One analyst said Chicago soyoil’s recent rise could potentially […] Read more

Markets

CBOT weekly: Chicago soybeans/corn looking for direction

By Phil Franz-Warkentin January 8, 2025

South American weather forecasts, positioning ahead of the Jan. 10 United States Department of Agriculture supply/demand report and uncertainty over trade policies under the incoming Trump administration were all influencing the Chicago grain and oilseed markets during the first days of 2025.

File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)

Markets, Reuters

Dry spell puts southern Brazil soy farmers on alert as rains pound central regions

By Reuters, Roberto Samora January 8, 2025

Dry weather is limiting soybean development in Brazil's southernmost state, putting farmers on alert there at the same time as excessive rain is set to disrupt early harvest work in central areas of the country, according to meteorologists.

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: California fires still ablaze

ICE canola posting losses Thursday morning

Canadian Dollar and Business Outlook: Loonie standing pat

U.S. livestock: CME cattle futures fall; lean hogs make slight gains

U.S. livestock: Chicago grains, soy fall on dollar gains as traders await USDA data

Canadian Financial Close: More Trump tariff talk weakens loonie

ICE Weekly: No news means no canola price movement

North American Grain/Oilseed Review: Canola rebounds, grains drop

CBOT weekly: Chicago soybeans/corn looking for direction

Dry spell puts southern Brazil soy farmers on alert as rains pound central regions

AgCanadaTV

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

Cyber-Savvy Farmer

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