Markets & Production Tips

Canadian Financial Close: Loonie edges higher

Greenback weaker

By GFM Network News December 5, 2024

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished higher on Thursday buoyed by a decline in the United States dollar. The loonie closed Thursday at US$0.7124 or US$1=1.4038, compared to Wednesday’s finish of US$0.7109 or US$1=1.4066. On the U.S. Dollar Index, the greenback dropped 0.555 of a point at 105.735. […] Read more

Barley, Corn, Markets, Spring Wheat, Winter Wheat

Feed Grain Weekly: Barley, corn the same price

By Glen Hallick - MarketsFarm December 5, 2024

Domestic feed barley and United States corn imports are pretty much the same price in Western Canada, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, Reuters

U.S. grains: Soybeans rise in vegoils rally after Canada cuts canola crop

By Karl Plume, Reuters December 5, 2024

U.S. soybean futures firmed on Thursday, led by strong gains in soyoil as a smaller-than-anticipated canola harvest outlook in Canada stoked worries about tightening global vegetable oil supplies.

Futures

North American grain/oilseed review: Canola up as production revised down

By GFM Network News December 5, 2024

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Thursday, finding support from Statistics Canada’s updated production estimates. StatCan lowered its call on the 2024/25 canola crop by 1.1 million tonnes from September, pegging it at 17.8 million tonnes. That was below average trade guesses and compares with […] Read more

Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat

More wheat, less canola in 2024/25 says Statistics Canada

By Glen Hallick - MarketsFarm December 5, 2024

While Statistics Canada reported more wheat was grown in 2024/25, canola production fell back as the agency issued its principal field crops report on Dec. 5.

Futures

ICE canola boosted by smaller crop projection

By GFM Network News December 5, 2024

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Thursday, underpinned by declining production estimates. Statistics Canada cut its call on the country’s 2024/25 canola crop by 1.1 million tonnes from September, pegging it at 17.8 million tonnes. That was below average trade guesses and compares […] Read more

Global markets

Global Markets: French Prime Minister ousted

By GFM Network News December 5, 2024

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. French Prime Minister Michel Barnier was ousted Wednesday night in a no-confidence vote that saw far-right and far-left lawmakers in the country join forces to oust Barnier and his cabinet over opposition to the proposed […] Read more

Markets, News, Reuters

Chinese buyers slash Canadian canola imports on fears of anti-dumping duty

By Mei Mei Chu, Naveen Thukral, Reuters December 5, 2024

Chinese importers are scaling back purchases of Canadian canola with shipments from December likely to plunge as most buyers are reluctant to sign new deals for fear that Beijing could impose retaliatory anti-dumping duties.

Currency Markets

Canadian Dollar and Business Outlook: Loonie regains some lost ground

Greenback falls, crude nudges up

By GFM Network News December 5, 2024

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was higher on Thursday morning, as its United States counterpart fell back, while crude oil edged upward. As of 8:44 am CST, the loonie was at US$0.7137 or US$1=C$1.4015 compared to Wednesday’s close of US$0.7109 or US$1=C$1.4066. On the U.S. Dollar Index, the greenback dropped […] Read more

Futures

ICE canola surges after StatCan report

By GFM Network News December 5, 2024

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market received a huge boost on Thursday morning after the release of Statistics Canada’s principal field crop report. The data agency cut its previous 2024-25 canola production estimate to 17.8 million tonnes, seven per cent lower than the previous year’s amount. However, reports that Chinese buyers will […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

GFM Network News

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Markets

Canadian Financial Close: Loonie edges higher

Feed Grain Weekly: Barley, corn the same price

U.S. grains: Soybeans rise in vegoils rally after Canada cuts canola crop

North American grain/oilseed review: Canola up as production revised down

More wheat, less canola in 2024/25 says Statistics Canada

ICE canola boosted by smaller crop projection

Global Markets: French Prime Minister ousted

Chinese buyers slash Canadian canola imports on fears of anti-dumping duty

Canadian Dollar and Business Outlook: Loonie regains some lost ground

ICE canola surges after StatCan report

AgCanadaTV

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

Cyber-Savvy Farmer

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