Markets & Production Tips

Canadian Dollar and Business Outlook: BoC maintains key rate

Economic uncertainty created by Trump tariffs

By GFM Network News June 4, 2025

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up to almost 73 U.S. cents on Wednesday morning, following the interest rate announcement from the Bank of Canada. The BoC held its key overnight rate at 2.75 per cent, citing uncertainty with the Canadian and global economies due to United States tariffs. Also, […] Read more

A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)

Corn, Markets, Reuters

Ukraine corn exports seen falling sharply in June, producers union says

By Pavel Polityuk June 4, 2025

Kyiv | Reuters – Ukrainian corn exports are set to fall to one million metric tons in June from two million tons in May, as Ukraine-origin corn is uncompetitive compared to its American equivalent, producers’ union UAC said on Wednesday. Ukraine is a traditional corn grower and exporter and exports are expected at around 22 […] Read more

Futures

ICE canola lower, vegetable oils mixed

By GFM Network News June 4, 2025

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market took a step back on Wednesday morning amidst mixed sentiment in comparable oils. Chicago soyoil was down, Malaysian palm oil was up and European rapeseed was steady. Crude oil also changed very little as OPEC+ raising output and Canadian wildfires cancelled each other out. The Canadian […] Read more

Photo: Victoria Popova/iStock/Getty Images

Markets, Peas, Pulses

Pulse Weekly: India grants 10-month extension on duty-free yellow peas

‘Important news for our industry’ says Pulse Canada president

By Glen Hallick - MarketsFarm June 3, 2025

There is some good news for the Canadian pulse industry after months of doldrums as the Indian government extended its duty-free period on its imports of yellow peas by 10 months. The Indian government made the announcement late in the day on May 30.

Currency Markets

Canadian Financial Close: Stronger U.S. dollar weakens loonie

'Turnaround Tuesday' for greenback

By GFM Network News June 3, 2025

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar eased away from the 73-cent mark on Tuesday as the United States dollar reclaimed much of the value it lost on Monday. The loonie closed at US$0.7287 or US$1=C$1.3723, compared to Monday’s close of US$0.7296 or US$1=C$1.3707. The U.S. Dollar Index witnessed a […] Read more

Livestock, Markets

U.S. livestock: Cattle, hog prices ease off

By Adam Peleshaty June 3, 2025

Cattle prices on the Chicago Mercantile Exchange slipped back on Tuesday despite earlier gains. The August live cattle contract rose to US$212.850 per hundredweight during the day, but eventually closed at US$209.750, a loss of US$1.250 compared to Monday’s close. The August feeder cattle contract also reached its highest price since May 13 at US$304.550/cwt. […] Read more

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

Corn, Crops, Markets, Reuters, Soybeans, Winter Wheat

U.S. grains: Soybeans buoyed by higher crude oil; wheat sags

By Julie Ingwersen, Reuters June 3, 2025

Chicago | Reuters — U.S. soybean futures rose on Tuesday, rallying from a seven-week low struck a day earlier, as strong crude oil prices lifted soyoil futures and traders weighed expectations that the leaders of United States and top global soy buyer China will speak this week. Corn futures bounced after dipping to multi-month lows […] Read more

Futures

North American grain/oilseed review: Canola corrects higher Tuesday

By GFM Network News June 3, 2025

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Tuesday, taking back some of Monday’s losses amid ideas those declines were overdone. Gains in outside markets provided spillover support, with Chicago soyoil, European rapeseed, Malaysian palm oil and crude oil also higher. Tight old crop supplies and […] Read more

Futures

ICE canola up with ‘turnaround Tuesday’ buying

By GFM Network News June 3, 2025

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting solid gains at midsession in “turnaround Tuesday” activity amid ideas Monday’s losses were overdone. Strength in outside markets provided spillover support. Chicago soyoil, European rapeseed and Malaysian palm oil were all up on the day, while advances in crude oil […] Read more

Global markets

Global Markets: PM says Ottawa working to remove China’s canola oil, meal tariffs

Canola seed remains levy free

By GFM Network News June 3, 2025

By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Prime Minister Mark Carney said on Monday that removing China’s tariffs on its imports of Canadian agriculture and seafood products is a priority. He said talks were underway at the ministerial […] Read more

Daily Network News

Southern California honeybees show resistance to varroa mites

Pulse Weekly: SaskPulse optimistic despite input, crop price concerns

Canadian aquaculture should be classed as agriculture, industry groups say

Markets

Canadian Dollar and Business Outlook: BoC maintains key rate

Ukraine corn exports seen falling sharply in June, producers union says

ICE canola lower, vegetable oils mixed

Pulse Weekly: India grants 10-month extension on duty-free yellow peas

Canadian Financial Close: Stronger U.S. dollar weakens loonie

U.S. livestock: Cattle, hog prices ease off

U.S. grains: Soybeans buoyed by higher crude oil; wheat sags

North American grain/oilseed review: Canola corrects higher Tuesday

ICE canola up with ‘turnaround Tuesday’ buying

Global Markets: PM says Ottawa working to remove China’s canola oil, meal tariffs

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for April 10, 2026

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