Markets & Production Tips

ICE Midday: Canola finding strength on lower loonie

By GFM Network News January 8, 2025

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market bounced back on Wednesday despite mixed sentiment in comparable oils, due to a weaker Canadian dollar. Chicago soyoil and European rapeseed went up, while Malaysian palm oil was down. Crude oil was also slightly lower, being pressured by a stronger United States dollar. One analyst said […] Read more

Futures

ICE canola rising Wednesday morning

By GFM Network News January 8, 2025

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Wednesday morning, taking some direction from Chicago soyoil. European rapeseed was also up on the day, although Chicago soybeans and Malaysian palm oil were lower. The March canola contract was trading above both its 20- and 100-day moving averages […] Read more

Global markets

Global Markets: Trump threatens to absorb Canada into U.S.

By GFM Network News January 8, 2025

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – United States president-elect Donald Trump said in a press conference on Tuesday he is willing to use “economic force” to have Canada become part of the U.S. He added the U.S. is not obligated to support […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Upswing in U.S. dollar weakens loonie

Small upticks in cruce oil

By GFM Network News January 8, 2025

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Wednesday due to a spike in the United States dollar. As of 8:34 am CST, the loonie was at US$0.6946 or US$1=C$1.4397 compared to Tuesday’s close of US$0.6975 or US$1=C$1.4340. On the U.S. Dollar Index, the greenback advanced 0.647 of a point […] Read more

Markets, Reuters

U.S. grains: Chicago soybeans dip on rainy Argentina forecast

By Renee Hickman, Reuters January 7, 2025

Chicago soybeans ticked lower on Tuesday as expectations for rain relief in Argentina encouraged profit-taking, after drier forecasts and a softer dollar fueled gains during the previous session.

Markets, Peas, Pulses

Pulse Weekly: India extends duty-free period

But two months not enough to spur price increases

By Glen Hallick - MarketsFarm January 7, 2025

Canadian yellow pea producers may have received something of a Christmas present from the Indian government late last month, as the duty-free period for India’s yellow pea imports was extended from Dec. 31 to Feb. 28.

Currency Markets

Canadian Financial Close: Loonie holds firm

Gains in greenback, crude oil cancel out each other

By GFM Network News January 7, 2025

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was relatively steady on Tuesday as support from gains in crude oil was balanced off by increases in the United States dollar. The loonie closed on Tuesday at US$0.6974 or US$1=1.4340, compared to Monday’s finish of US$0.6970 or US$1=1.4348. On the U.S. Dollar […] Read more

Livestock, Markets

U.S. Livestock: Cattle futures running into resistance at highs

By Geralyn Wichers, Phil Franz-Warkentin January 7, 2025

Cattle futures at the Chicago Mercantile Exchange continued to rise Tuesday. Most active February live cattle futures ended up 0.375 cents per pound at 195.575 cents a pound. Values hit fresh highs in many months, although ideas the market was looking overbought tempered the advances.

Futures

North American Grain/Oilseed Review: Canola lower, wheat moves up

By GFM Network News January 7, 2025

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market declined on Tuesday despite positive sentiment in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil strengthened during the day. Crude oil prices were higher on signs of a tighter market. One analyst said if the March soyoil contract surpasses 41 United States cents per […] Read more

File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)

Markets, Soybeans

Dry weather could affect Argentina oilseed harvest: USDA attaché

Buenos Aires desk estimates differ from USDA numbers

By Glen Hallick - MarketsFarm January 7, 2025

Dry weather in Argentina could affect the country's oilseeds as harvest approaches, reported the United States Department of Agriculture attaché in Buenos Aires.

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 Midday: Canola finding strength on lower loonie

ICE canola rising Wednesday morning

Global Markets: Trump threatens to absorb Canada into U.S.

Canadian Dollar and Business Outlook: Upswing in U.S. dollar weakens loonie

U.S. grains: Chicago soybeans dip on rainy Argentina forecast

Pulse Weekly: India extends duty-free period

Canadian Financial Close: Loonie holds firm

U.S. Livestock: Cattle futures running into resistance at highs

North American Grain/Oilseed Review: Canola lower, wheat moves up

Dry weather could affect Argentina oilseed harvest: USDA attaché

AgCanadaTV

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

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