Markets & Production Tips

ICE Canola Midday: Prices pulling back

Pressure from declines in soy complex, rapeseed

By GFM Network News January 3, 2025

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower late Friday morning getting pressure from declines in the Chicago soy complex and European rapeseed. Meanwhile, upticks in Malaysian palm oil helped to stymie further losses in canola. Modest increases in crude oil lent support to the vegetable oils. An analyst […] Read more

Markets, News, Reuters

World food price index eases in Dec, pushed lower by sugar

By Geralyn Wichers January 3, 2025

The United Nations' world food price index dipped in December against November levels, led lower by a drop in international sugar quotations, but still showed a robust gain year-on-year, data showed on Friday.

Global markets

Global Markets: Biden nixes U.S. Steel sale

Nippon, U.S. Steel weighing legal options

By GFM Network News January 3, 2025

By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Joe Biden said on Friday that he’s blocking the US$14.1 billion sale of U.S. Steel to Nippon Steel. Biden based his decision on a report from a U.S. […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Loonie kicks off Friday with more losses

Eyes turn toward political moves in Ottawa

By GFM Network News January 3, 2025

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was lower on Friday, as the political turmoil in Ottawa began to pick up steam again. As of 8:40 am CST, the loonie was at US$0.6937 or US$1=C$1.4412 compared to Thursday’s close of US$0.6946 or US$1=C$1.4418. Former Liberal cabinet minister Marco Mendicino announced on Thursday […] Read more

Currency Markets

ICE canola retreats slightly

By GFM Network News January 3, 2025

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market took a small step back on Friday morning despite mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher to start the day, while crude oil made small gains. However, European rapeseed was mostly lower. The Canadian dollar was steady compared […] Read more

Markets, Reuters

U.S. livestock: Cattle futures rise sharply on low inventory

By Renee Hickman, Reuters January 2, 2025

Chicago Mercantile Exchange (CME) feeder cattle futures reached life-of-contract highs, while live cattle futures hit multi-month peaks on Thursday, as meat packers struggled to find inventory, analysts said.

Markets, Reuters

U.S. grains: Soybeans, corn rise in choppy trading on South American weather concerns

By Renee Hickman, Reuters January 2, 2025

Chicago soybean and corn futures were higher in see-saw trading on the first trading day of 2025, supported by ongoing concerns related to dry weather in South America, especially Argentina, a leading producer of both commodities.

Currency Markets

Canadian Financial Close: Loonie falls to another low.

By GFM Network News January 2, 2025

The Canadian dollar started 2025 by falling further below the 70 United States cents mark. The loonie closed at another multi-year low at US$0.6936 or US$1=C$1.4418 on Thursday, down from US$0.6950 or US$1=C$1.4389 on Tuesday. The Bank of Canada did not post a closing rate on Wednesday due to New Year’s Day. The U.S. Dollar […] Read more

Futures

North American Grain and Oilseed Review: Canola starts 2025 on the right foot

A mixed day in Chicago

By GFM Network News January 2, 2025

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Thursday, on the first day of trading for 2025. The markets in Canada and the United States were closed yesterday for New Year’s. Support for canola came from gains in Chicago soybeans and soymeal plus strong increases in European […] Read more

Futures

ICE Canola Midday: Futures climbing

But outlook looks bearish

By GFM Network News January 2, 2025

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise late Thursday morning on the first day of trading for 2025. The markets in Canada and the United States were closed Wednesday for New Year’s. Support for canola came from gains in the Chicago soy complex, although soybeans were […] Read more

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 Midday: Prices pulling back

World food price index eases in Dec, pushed lower by sugar

Global Markets: Biden nixes U.S. Steel sale

Canadian Dollar and Business Outlook: Loonie kicks off Friday with more losses

ICE canola retreats slightly

U.S. livestock: Cattle futures rise sharply on low inventory

U.S. grains: Soybeans, corn rise in choppy trading on South American weather concerns

Canadian Financial Close: Loonie falls to another low.

North American Grain and Oilseed Review: Canola starts 2025 on the right foot

ICE Canola Midday: Futures climbing

AgCanadaTV

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

Cyber-Savvy Farmer

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