Markets
Things have been greatly improving for Brazilian soybean and corn crops, while the jury is still out for Argentina, said Michael Cordonnier of Soybean and Corn Advisor Inc. in Hinsdale, Ill.
Markets
Brazilian soybeans/corn turn around, but jury out on Argentina
North American grain/oilseed review: Canola narrowly mixed at Monday’s close
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market was narrowly mixed at Monday’s close, finishing well off its session lows. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all softer to start the week, which put some pressure on the Canadian oilseed. However, gains in crude oil and […] Read more
ICE canola moving lower to start week
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, backing away from chart resistance as losses in Chicago soyoil weighed on values. European rapeseed and Malaysian palm oil futures were also softer to start the week, although gains in crude oil and Chicago soybeans provided […] Read more
Is it best, when investing, to stay politically agnostic?
Investing for Fun and Profit: Besides, how much influence do governments really have on the markets?
I began this column the day after the great Harris/Trump debate. Based on the publishing schedule, you might be reading it just before the U.S. election. A lot can happen in both politics and the markets over a six-week period, but I thought it would be an appropriate time to review how politics may or […] Read more
October weather did not favour Ukraine’s winter crops, scientists say
October weather, as well as in September, was unfavourable for the development of Ukrainian winter crops, most of which lack moisture, analyst APK-Inform quoted the Ukrainian national agricultural academy as saying on Monday.
Global Markets: U.S. presidential campaign in final stages
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Donald Trump and Kamala Harris were making their final pushes ahead of Tuesday’s United States presidential election, with the two candidates slated to make stops at key battleground states on Monday. Moldova’s presidential runoff […] Read more
Canadian Dollar and Business Outlook: Loonie supported by weak U.S. dollar, higher crude oil
Glacier FarmMedia | MarketsFarm – The Canadian dollar started the week strong. The loonie was at US$0.7198 or US$1=C$1.3893 as of 8:38 a.m. CST, compared to US$0.7178 or US$1=C$1.3932 on Friday. The United States Dollar Index plunged 0.58 of a point at 103.70. The Federal Reserve will make its key interest rate announcement on Wednesday […] Read more
ICE Canada Morning Comment: Canola dips with lower veg oils
Higher crude oil trying to temper declines
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures eased back on Monday morning, taking its lead from other vegetable oils. There were declines in European rapeseed, Malaysian palm oil and Chicago soyoil. However, those losses were tempered by gains in Chicago soybeans and soymeal. Also, there’s spillover from increases in crude […] Read more
U.S. livestock: Hog futures hit contract highs as strong demand fuels rally
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures set new contract highs on Friday as strong domestic and export demand, particularly for U.S. pork bellies and ham, drove the market upward, analysts said. Live cattle futures touched a one-month low, while feeder cattle recovered after reaching the lowest price in more than five […] Read more
U.S. grains: Corn ticks up on export demand, easing harvest pressure
Chicago | Reuters — Chicago corn futures ticked up on Friday as export demand for U.S. crops swelled and harvest pressure eased, analysts said. Soybean futures turned lower in choppy trading after rising earlier on U.S. export sales. Wheat futures also eased as rains over dry regions of the U.S. weighed on prices, though drought […] Read more
Cyber-Savvy Farmer
