Markets & Production Tips

North American Grain/Oilseed Review: Canola, wheat on the rise

By GFM Network News October 29, 2024

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market rebounded Tuesday, following gains in vegetable oils. Malaysian palm oil rose sharply, while Chicago soyoil and European rapeseed were both higher. Crude oil declined slightly on Tuesday after suffering its worst one-day loss in two years on Monday. Statistics Canada reported Tuesday that 933,065 tonnes of […] Read more

Cargo ship Despina V, carrying Ukrainian grain, is seen in the Black Sea off Kilyos near Istanbul, Turkey on Nov. 2, 2022. (Photo: Reuters/Umit Bektas)

Markets

Ukrainian grain exports to fall in 2024/25: USDA attaché

By Phil Franz-Warkentin October 29, 2024

Ukrainian grain exports are expected to be down in the 2024/25 marketing year due to smaller crops, tighter carryout stocks and the ongoing challenges of shipping through the Black Sea, according to the United States Department of Agriculture’s Foreign Agricultural Service in Kyiv.

FILE PHOTO: Argentine President Javier Milei gestures onstage during a rally to launch his party, La Libertad Avanza, nationally, in Buenos Aires, Argentina September 28, 2024. REUTERS/Matias Baglietto/File Photo

Markets, News, Reuters

Milei’s popularity rebounds as Argentina’s markets hit record highs

By Reuters October 29, 2024

Argentina's President Javier Milei saw his popularity ratings rebound sharply in October, a poll on Monday showed, bolstering the libertarian whose pro-market reforms have driven markets to record highs since winning a shock election last year.

Cattleman’s Corner, Columns, Markets

Fed market reflects beginning signs of herd expansion

The Markets: Beef cow numbers are still expected to decline in 2024 and 2025

By Jerry Klassen October 29, 2024

Western Canadian feeder cattle prices have been trading near historical highs throughout the summer and early fall period. At the time of writing this article, larger-frame Angus steers off grass averaging 950 lbs. were trading around $320/cwt in central Alberta. Steers averaging 500 lbs. were quoted between $450/cwt and $500/cwt, depending on weaning stage and […] Read more

Futures

ICE Midday: Canola turns around on Tuesday

By GFM Network News October 29, 2024

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market rebounded Tuesday, following gains in vegetable oils. Malaysian palm oil rose sharply, while Chicago soyoil and European rapeseed were both higher. Crude oil also increased slightly on Tuesday after suffering its worst one-day loss in two years on Monday. One analyst said that seasonal charts indicate […] Read more

Markets, News, Reuters

McDonald’s global sales fall on muted demand; E. coli outbreak fallout looms

By Reuters, Savyata Mishra October 29, 2024

McDonald's posted a steeper-than-expected drop in quarterly global sales, hurt by muted demand across key markets, including Europe and the United States where it is expected to face more weakness as the burger giant reels from a deadly E. coli outbreak.

Markets, News, Reuters

Canada’s renewable diesel projects hit by US import surge

By Nia Williams, Reuters, Shariq Khan October 29, 2024

Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia's low carbon fuel standard (LCFS) credit market, a trend expected to persist amid a flood of exports from the United States.

Global markets

Global Markets: Saskatchewan Party maintains majority government

By GFM Network News October 29, 2024

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The Saskatchewan Party, led by incumbent Premier Scott Moe, won its fifth straight majority in the 30th Saskatchewan general election on Monday. The party was elected to or leading in 35 seats, while the New Democrats […] Read more

Beef Cattle, Livestock, Markets

Klassen: Western Canadian calf market surges

By Jerry Klassen October 29, 2024

For the week ending 26, Western Canadian calf markets were up $8-$12/cwt on average compared to seven days earlier. Pee-wee calves were up $20-$25/cwt compared to the prior week. Finishing feedlot operators were active buyers in all weight categories while backgrounders were cleaning up on smaller packages of calves under 550 pounds.

Currency Markets

Canadian Dollar and Business Outlook: Loonie eases back

Crude up after worst losses in two years

By GFM Network News October 29, 2024

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar dipped Tuesday morning due to gains in its United States counterpart. As of 8:34 am CDT, the loonie was at US$0.7190 or US$1=C$1.3907 compared to Monday’s close of US$0.7197 or US$1=C$1.3895. On the U.S. Dollar Index, the greenback rose 0.287 of a point at 104.440. […] Read more

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, wheat on the rise

Ukrainian grain exports to fall in 2024/25: USDA attaché

Milei’s popularity rebounds as Argentina’s markets hit record highs

Fed market reflects beginning signs of herd expansion

ICE Midday: Canola turns around on Tuesday

McDonald’s global sales fall on muted demand; E. coli outbreak fallout looms

Canada’s renewable diesel projects hit by US import surge

Global Markets: Saskatchewan Party maintains majority government

Klassen: Western Canadian calf market surges

Canadian Dollar and Business Outlook: Loonie eases back

AgCanadaTV

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

Cyber-Savvy Farmer

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