Markets
Feed barley and corn imported from the United States are currently trading at the same price into southern Alberta, said Lethbridge-based Darcy Haley, vice-president of Ag Value Brokers.
Markets
Feed Grain Weekly: Barley, corn in southern Alberta on par with each other
ICE Midday: Canola bounces back from Wednesday tumble
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market regained positive momentum on Thursday, getting more support from comparable oils. Chicago soyoil was higher this morning as well as crude oil due to lower United States stockpiles. However, European rapeseed was mostly lower. There was no trading for Malaysian palm oil due to Diwali. An […] Read more
Global Markets: Canada’s economy grows one per cent in Q3
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported this morning Canada’s economy may have grown at an annual rate of one per cent in the third quarter. It also estimated that real gross domestic product was up by 0.3 per […] Read more
ICE canola stronger Thursday morning
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Thursday morning, taking back Wednesday’s declines as values chopped around in a sideways trading range. Solid end user demand and a lack of significant selling pressure on the other side contributed to the move higher. Gains Chicago soyoil futures […] Read more
Canadian Dollar and Business Outlook: Loonie trying to turn the corner
StatCan issues third quarter GDP report
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was attempting to regain some lost strength on Thursday morning. As of 8:38 am CDT, the loonie was at US$0.7196 or US$1=C$1.3897 compared to Wednesday’s close of US$0.7186 or US$1=C$1.3915. On the U.S. Dollar Index, the greenback dipped 0.022 of a point at 103.840. Statistics […] Read more
U.S. livestock: Hogs hit new contract highs on smaller than expected US slaughter
Chicago Mercantile Exchange lean hog futures hit contract highs for a third day in a row on Wednesday as U.S. supplies continued to be tighter than expected, analysts said.
U.S. grains: CBOT soybeans recover after 4-day slide, boosted by exports
Chicago Board of Trade soybean futures rose on Wednesday after a four-session slide, amid strength in crude oil markets and signs of continued U.S. export demand for the oilseeds, market analysts said.
ICE Weekly: Malaysian palm oil supports canola prices
Rising Malaysian palm oil prices gave canola prices a lift during the week ended Oct. 30, 2024.
CBOT soybeans/corn in ‘tug-o-war’
Soybean and corn futures at the Chicago Board of Trade were pressured by losses in crude oil over the past week, but uncovered support and could see some choppiness ahead of the United States election. The commodities were in a 'tug-o-war' as large supplies were countered by good demand.
Canadian Financial Close: Loonie’s slide tries to level out
Central bank differences leads to lowest levels in four years
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was relatively steady on Wednesday as it remained at levels unseen since 2020. The loonie closed at US$0.7186 or US$1=C$1.3915, compared to Tuesday’s finish of US$0.7189 or US$1=C$1.3911. On the United States Dollar Index, the greenback gave up 0.246 of a point at […] Read more
Cyber-Savvy Farmer
