Markets
Chicago soybean and corn futures bounced on Friday as traders covered short positions ahead of Saturday's meeting between senior U.S. and Chinese officials and a widely tracked U.S. Department of Agriculture report on Monday, analysts said.
Markets
U.S. grains: Chicago soybeans, corn higher ahead of US-China trade talks
Canadian Financial Close: Loonie, crude oil in opposite directions
Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped on Friday, capping off a tough week in which the currency lost more than six-tenths of a United States cent. The loonie ended the day at US$0.7180 or US$1=C$1.3927, compared to US$0.7191 or US$1=C$1.3907 on Thursday. Statistics Canada reported the country’s unemployment rate rose to 6.9 […] Read more
New Chicago spring wheat futures make thin trade thinner
Trading volumes a fraction of Minneapolis spring wheat
The CME Group's new Chicago spring wheat futures may be diluting an already thin market, says analyst Tom Lilja of Progressive Ag in Fargo, North Dakota.
North American grain/oilseed review: Canola at 18-month highs to end week
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Friday, settling at its highest levels since November 2023. Canada has exported 7.9 million tonnes of canola through the first nine months of the crop year, according to the latest weekly export sales data. That’s well ahead of […] Read more
ICE canola strengthens at midday Friday
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, underpinned by supportive technical signals and the need to ration demand. Weekly Canadian canola exports of 184,500 tonnes were up eight per cent from the previous week, with 2024/25 year-to-date exports of 7.9 million tonnes. That’s […] Read more
China buys Canadian, Australian wheat as heat hits crop, traders say
Chinese buyers bought between 400,000 and 500,000 metric tons of wheat from Australia and Canada in recent weeks, traders said, as heat threatens to damage crops in China's agricultural heartlands.
Global Markets: U.S./China to meet
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Representatives from the United States and China will meet in Switzerland this weekend to discuss trade. Optimism the talks could lead to easing tariffs underpinned grain and oilseed markets on Friday. Hot and dry weather […] Read more
Canadian Dollar and Business Outlook: Loonie down, unemployment up
Glacier FarmMedia | MarketsFarm – The Canadian dollar eased off on Friday morning after the release of mixed economic news from Statistics Canada. The loonie was at US$0.7184 or US$1=C$1.3920 as of 8:30 a.m. CDT, compared to Thursday’s close at US$0.7191 or US$1=C$1.3906. StatCan reported today the country’s unemployment rate increased by two-tenths of a […] Read more
ICE Canada Morning Comment: Canola pushing upward
Old crop supplies continue to dwindle
By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Friday morning, as old crop supplies continued to shrink. The Canadian Grain Commission reported cumulative canola exports for 2024/25 reached 7.88 million tonnes, further exceeding the 7.50 million Agriculture and Agri-Food Canada projected for the marketing year. On […] Read more
U.S. livestock: Cattle resume climb as grilling season approaches
Chicago cattle futures resumed their climb, Thursday, as summer grilling season approaches.