Markets
Chicago Mercantile Exchange cattle futures ended mixed on Wednesday as market players weighed waning demand from consumers and retailers while hog futures turned higher, following a seasonal pattern, traders said.
Markets
U.S. livestock: CME cattle futures mixed as consumer and retail demand declines
ICE canola weekly outlook: Uptrend intact despite selloff
Nov canola holds above 20-day moving average
ICE Futures canola fell from contract highs as summer officially began and wild swings in outside markets weighed on values. However, support held to the downside and the uptrend remained intact ahead of a pair of key reports that could provide some nearby direction.
Pulse Weekly: Manitoba beans, peas in good shape
Keeping on crop development over next few weeks
Dry beans and field peas are in good shape so far in 2025, said Daryl Domitruk, executive director for Manitoba Pulse and Soybean Growers.
Canadian Financial Close: Loonie can’t sustain gains
Canadian dollar reverses course to fall back
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped back on Wednesday, unable to increase on the rise in crude oil. The loonie finished at US$0.7280 or US$1=C$1.3737, compared to Tuesday’s close of US$0.7293 or US$1=C$1.3712. The United States Dollar Index dipped 0.135 of a point at 97.315. Benchmark crude oil […] Read more
North American grain/oilseed review: Canola up Wednesday despite soy losses
Glacier FarmMedia — The ICE Futures canola market was stronger Wednesday, as tight old crop supplies and bullish chart signals underpinned the market. The gains in canola came despite losses in the Chicago soy complex. European rapeseed was also weaker on the day, although crude oil and Malaysian palm oil were stronger. The November […] Read more
U.S. grains: Chicago corn drops to more contract lows as heavy supply weighs
Chicago Board of Trade front and back-month corn futures notched lifetime lows on Wednesday on expectations of a hefty Brazilian corn crop and a lack of weather threats for the large U.S. corn crop that has recently been seeded, traders said.
CBOT Weekly: Prices tumble, uncertainty ahead
Weather, supply pressures weigh on grains
Grain futures fell on the Chicago Board of Trade last week with more uncertainty waiting in the wings.
ICE canola correcting higher at midday Wednesday
Glacier FarmMedia — The ICE Futures canola market was posting small gains at midday Wednesday, seeing a modest correction after dropping sharply earlier in the week. The most-active November contract was holding just above its 20-day moving average at midsession, with the general uptrend still intact despite the recent losses. Chicago soyoil and Malaysian palm […] Read more
Agricultural consultancy Sovecon raises 2025 Russian wheat crop forecast
Agricultural consultancy Sovecon said on Wednesday it had slightly raised its forecast for Russian wheat production for 2025 by 0.2 million metric tons to 83.0 million metric tons, citing improved crop conditions in parts of central Russia.
Global Markets: Crude oil firm after sharp losses
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil was holding onto small gains Wednesday morning, finding some modest strength after dropping sharply lower earlier in the week. Market participants were assessing the ceasefire between Iran and Israel that appeared to be holding for […] Read more