Markets
Brazil's 2024-2025 soybean crop is expected to reach 171.4 million metric tons, consultancy firm StoneX said on Thursday, increasing its forecast from the 166.2 million tons it had estimated in December.
Markets
StoneX raises forecast for Brazil’s 2024-2025 soybean crop
Global Markets: FBI say New Orleans attack an act of terrorism
Pick-up driven into crowd along Bourbon Street
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The death toll in the New Year’s attack in New Orleans remained at 15 people on Thursday morning, with at least another 30 injured. The Federal Bureau of Investigation deemed the […] Read more
Canadian Dollar and Business Outlook: Loonie retreating on first day of trading in 2025
U.S. greenback adding more strength
By Glen Hallick Glacier FarmMedia MarketsFarm – As trading resumed on Thursday morning following New Year’s Day, the Canadian dollar stepped back as its United States counterpart continued to add strength. As of 8:41 am CST, the loonie was at US$0.6933 or US$1=C$1.4426 compared to Tuesday’s close of US$0.6950 or US$1=C$1.4389. On the U.S. Dollar […] Read more
ICE canola starting 2025 on high note
The ICE Futures canola market maintained positive momentum entering the New Year on Thursday despite mixed sentiment in comparable oils. There was no canola trading yesterday. Chicago soyoil and Malaysian palm oil were down to start the day, while European rapeseed was higher. Crude oil was up more than US$1 per barrel after Russia decided […] Read more
U.S. livestock: Lean hog futures fall on year-end position squaring, demand doubts
Chicago Mercantile Exchange (CME) lean hog futures fell to two-month lows on Tuesday, as traders squared positions before the year's end and uncertainty lingered over export demand in the coming months, market analysts said.
U.S. grains: Chicago soy, grain futures settle up, but fall for the year
Chicago soybean, corn and wheat futures rallied on Tuesday on short-covering and concerns over weather conditions in South America and Russia, market analysts said.
Canadian Financial Close: Loonie eases back
Greenback, crude oil make gains
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dipped on Tuesday in the face of a stronger United States dollar, but declines were limited by upticks in crude oil. The political upheaval surrounding Prime Minister Justin Trudeau and his minority Liberal government has settled down for now, taking some pressure off […] Read more
North American Grain and Oilseed Review: Canola closes out 2024 with slight gains
Positive notes at CBOT’s close for last day of trading in 2024
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures posted small increases in light activity on Tuesday, the final day of trading for 2024. The markets in Canada and the United States will be closed Wednesday for New Year’s. As well, today is first notice day for January futures. As crude […] Read more
ICE Canola Midday: Contracts gaining traction as 2024 wraps up
Gains in crude pushing up canola, other veg oils
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around from earlier losses to be posting small gains late Tuesday morning in thin holiday trading. The markets in Canada and the United States will be closed tomorrow for New Year’s. Also, today marks the first notice day for January futures. As […] Read more
Klassen: Feeder market has many factors to digest in 2025
For the week ending December 28, there were no feeder cattle sales in Western Canada; however, that didn’t stop cattle producers from emailing or calling me over the holidays inquiring about market direction. I thought it would be an opportune time to discuss a couple factors that will influence the market direction over the next couple of months.
Cyber-Savvy Farmer
