Markets
Chicago Mercantile Exchange lean hog futures fell on Thursday on lower cash market prices, while cattle futures posted modest gains despite lower beef values as tight supplies continue to underpin the market, analysts said.
Markets
U.S. livestock: CME lean hogs drop as pork prices decline, cattle higher
USDA attaché forecasts larger Chinese corn, wheat crops
But imports drop over last two years
Corn and wheat production in China is expected to increase in 2025/26, the United States Department of Agriculture attaché in Beijing said in a report released July 3.
ICE Midday: Canola falls back
Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange halted their rally and suffered double-digit losses in the middle of trading on Thursday. An analyst said canola could be undergoing a correction considering its large net-long position. Weakness in comparable oils and a stronger Canadian dollar also pressured prices. Chicago soyoil and European […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was stronger Thursday morning as the country’s trade deficit with the rest world narrowed. At 8:49 a.m. CDT the Canadian dollar was trading at US$0.7366 or US$1=C$1.3576 which compares with Wednesday’s close of US$0.7341 or US$1=C$1.3622. Canadian exports were up 1.1 per cent in May while imports fell by […] Read more
Global Markets: Canada’s trade deficit narrows
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported today that the country’s merchandise trade deficit narrowed to C$5.9 billion in May, compared to the record amount of C$7.6 billion in April. Canada’s exports were 1.1 per cent higher in May, the […] Read more
ICE Canada Morning Comment: Canola correcting lower
Support from most veg oils tempering declines
By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures stepped back on Thursday morning, correcting from recent hikes. While there were declines in Chicago soyoil, the soybeans and soymeal were higher, along with gains in Malaysian palm oil and most European rapeseed contracts. Crude oil was relatively steady, offering little direction […] Read more
Canadian Financial Close: C$ firm Wednesday
Glacier FarmMedia — The Canadian dollar was firmer on Wednesday, as optimism over trade talks with the United States and gains in crude oil provided support. The Canadian dollar settled at US$0.7341 or US$1=C$1.3622, which was compares with Monday’s close of US$0.7330 or US$1=C$1.3643. Canadian markets were closed Tuesday for Canada Day. Crude oil was […] Read more
ICE Weekly: Trade talks, weather lifting canola prices
Multiple factors driving canola’s rally
Trade discussions between Canada and the United States as well as dry weather have driven canola’s rally on the Intercontinental Exchange during the week ended July 2, 2025.
U.S. livestock: Cattle rebound, hogs gain
Chicago cattle futures rebounded on Wednesday after dropping on Tuesday over news the U.S. Department of Agriculture would gradually reopen borders to Mexican cattle imports.
CBOT Weekly: Turning towards a weather market
Area, stocks reports have little influence
Soybeans and corn on the Chicago Board of Trade are heading toward a weather market, said Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago. The move comes after two reports from the United States Department of Agriculture issued on June 30.