Markets & Production Tips

North American Grain/Oilseed Review: Canola slips, soybeans surge

By GFM Network News October 30, 2024

The ICE Futures canola market suffered a downturn late in Wednesday’s session, despite rising comparable oils. Malaysian palm oil continued to rally, while European rapeseed and Chicago soyoil were also higher. Crude oil was up more than US$1 per barrel after reports said OPEC+ could delay its planned December production increase. An analyst said palm […] Read more

Futures

ICE Midday: Canola maintains its rally

By GFM Network News October 30, 2024

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market maintained its upward momentum on Wednesday, lifted by rising comparable oils. Malaysian palm oil continued its rally, while European rapeseed and Chicago soyoil were also higher. Crude oil was up more than US$1 per barrel after reports said OPEC+ could delay its planned December production increase. […] Read more

File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)

Markets, News, Reuters

Brazil farmers, government slam Danone for cutting out Brazilian soy

By Reuters October 30, 2024

Brazilian soybean producers on Tuesday said there is good reason for products of Danone to be boycotted after the French dairy giant said it would stop sourcing soy from Brazil, while the Brazilian government criticized "unreasonable" moves by European companies.

Markets, News, Reuters

China seeks stronger soybean ties with Russia

By Reuters October 30, 2024

China is willing to cooperate more closely with Russia in the soybean industry, its agriculture ministry quoted an official as saying on Wednesday, without giving any details.

Global markets

Global Markets: Canada Post offers deal to workers

By GFM Network News October 30, 2024

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada Post made a contract offer to the Canadian Union of Postal Workers in hopes of avoiding a work stoppage next month. The proposal included annual wage increases of 11.5 per cent over four years, […] Read more

Futures

ICE canola continues higher Wednesday morning

By GFM Network News October 30, 2024

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Wednesday morning, seeing a continuation of Tuesday’s corrective bounce as chart signals remained pointed higher. Spillover from outside markets contributed to the gains, with Malaysian palm oil hitting fresh contract highs. Chicago soyoil and European rapeseed futures were also […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Loonie peeling back further

But little movement in greenback

By GFM Network News October 30, 2024

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar continued its retreat on Wednesday morning despite little movement in its United States counterpart. As of 8:37 am CDT, the loonie was at US$0.7178 or US$1=C$1.3931 compared to Tuesday’s close of US$0.7189 or US$1=C$1.3911. On the U.S. Dollar Index, the greenback nudged up 0.024 of […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Markets, Reuters

U.S. grains: Chicago wheat surges on disappointing winter wheat conditions

By Renee Hickman, Reuters October 29, 2024

Chicago wheat futures climbed on Tuesday after the U.S. Department of Agriculture reported that the U.S. winter wheat crop was in worse condition than the trade had expected, according to analysts.

Currency Markets

Canadian Financial Close: Loonie takes another step back

Gains in crude oil evaporate

By GFM Network News October 29, 2024

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped further back on Tuesday as crude oil gave up its increases. The loonie closed at US$0.7189 or US$1=C$1.3911, compared to Monday’s finish of US$0.7197 or US$1=C$1.3895. On the U.S. Dollar Index, the greenback dipped 0.013 of a point at 104.170. Earlier gains […] Read more

Green lentils. (Savany/iStock/Getty Images)

Lentils, Markets, News, Pulses

Pulse Weekly: Lentil prices poised for drop, depends on India

By Glen Hallick - MarketsFarm October 29, 2024

The demand for lentils has backed off lately due to high prices, said trader Marcos Mosnaim of Prairie IX in Toronto. He said the direction lentils take will largely depends on India.

Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa

U.S. livestock: Cattle choppy amid weak cash market, tight supply

China’s canola, soybeans imports to drop one million tonnes each

GFM Network News

Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa

U.S. livestock: Cattle choppy amid weak cash market, tight supply

China’s canola, soybeans imports to drop one million tonnes each

Markets

North American Grain/Oilseed Review: Canola slips, soybeans surge

ICE Midday: Canola maintains its rally

Brazil farmers, government slam Danone for cutting out Brazilian soy

China seeks stronger soybean ties with Russia

Global Markets: Canada Post offers deal to workers

ICE canola continues higher Wednesday morning

Canadian Dollar and Business Outlook: Loonie peeling back further

U.S. grains: Chicago wheat surges on disappointing winter wheat conditions

Canadian Financial Close: Loonie takes another step back

Pulse Weekly: Lentil prices poised for drop, depends on India

AgCanadaTV

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

Cyber-Savvy Farmer

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