Markets & Production Tips

ICE Midday: Canola diverges from rising oils

By GFM Network News January 7, 2025

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

Beef Cattle, Livestock, Markets

Klassen: Stronger fed market to pull up feeder complex

By Jerry Klassen January 7, 2025

The Alberta fed cattle market was quoted on a live basis in the range of range of $262-$265/cwt fob feedlot last week. Fed cattle forward contracts for March and April delivery (Alberta) were quoted from $270 to $272/cwt. Compared to last week of November 2024, fed prices are up $20/cwt on average.

Markets, Reuters

China rapeseed meal futures slide after Trudeau announces plans to resign

By Geralyn Wichers, Isabella Jibilian, Mei Mei Chu January 7, 2025

China's rapeseed meal futures fell to a three-week low on Tuesday after Canadian Prime Minister Justin Trudeau's plans to resign sparked hope that trade tensions between Beijing and Ottawa will soften.

Global markets

Global Markets: Trump election victory certified

By GFM Network News January 7, 2025

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States Congress certified the presidential election victory of Donald Trump without incident on Monday, presided by the candidate Trump defeated, vice-president Kamala Harris. Four years earlier, Trump supporters stormed the U.S. Capitol building in […] Read more

Futures

ICE canola weakens Tuesday morning

By GFM Network News January 7, 2025

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting losses Tuesday morning in thin and choppy trade. Losses in Chicago soybeans accounted for some spillover selling pressure, although European rapeseed and Malaysian palm oil futures were both higher on the day. The March canola contract dipped below its […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Loonie nudges upward

Merchandise exports up in November

By GFM Network News January 7, 2025

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly higher on Tuesday as the dust settled over the resignation of Prime Minister Justin Trudeau. As of 8:43 am CST, the loonie was at US$0.6982 or US$1=C$1.4323 compared to Monday’s close of US$0.6970 or US$1=C$1.4348. On the U.S. Dollar Index, the greenback shed […] Read more

Markets, Reuters

U.S. grains: Chicago corn surges to six-month high on weaker dollar, Argentina weather

By Renee Hickman, Reuters January 6, 2025

Chicago Board of Trade corn futures Cv1 on Monday surged to a more than six-month high amid growing concern over dry conditions in Argentina, market analysts said.

Currency Markets

Canadian Financial Close: Loonie rises on Trudeau’s resignation, weaker U.S. dollar

PM staying on until new leader selected

By GFM Network News January 6, 2025

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was stronger on Monday after Prime Minister Justin Trudeau announced he will step down once a new federal Liberal leader is selected. Additional support came from a sharp drop in the United States dollar. The loonie closed on Monday at US$0.6970 or US$1=1.4348, […] Read more

Photo: Michelle Erickson-Jones/iStock/Getty Images

Hogs, Livestock, Markets

U.S. Livestock: Falling temps boost cattle futures

By Phil Franz-Warkentin January 6, 2025

Live cattle futures on the Chicago Mercantile Exchange were stronger Monday, hitting fresh contract highs in many months as forecasts calling for cold temperatures across United States ranching areas raised concerns over reduced weight gains for grazing cattle.

Snowpack concerns on the Prairies has been leading many growers to wonder what could happen come spring. Photo: Thinkstock

Corn, Markets, Soybeans, Weather

Canadian Prairies, U.S. Midwest to get colder in January as South America becomes hotter, drier

Some warmer temps for Prairies during week of Jan. 6

By Glen Hallick - MarketsFarm January 6, 2025

Meteorologist Drew Lerner said he expects colder than normal temperatures across the Canadian Prairies and much of the United States Midwest in January, while a good portion of South America is to be hotter than normal.

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 diverges from rising oils

Klassen: Stronger fed market to pull up feeder complex

China rapeseed meal futures slide after Trudeau announces plans to resign

Global Markets: Trump election victory certified

ICE canola weakens Tuesday morning

Canadian Dollar and Business Outlook: Loonie nudges upward

U.S. grains: Chicago corn surges to six-month high on weaker dollar, Argentina weather

Canadian Financial Close: Loonie rises on Trudeau’s resignation, weaker U.S. dollar

U.S. Livestock: Falling temps boost cattle futures

Canadian Prairies, U.S. Midwest to get colder in January as South America becomes hotter, drier

AgCanadaTV

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

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