Markets & Production Tips

Global Markets: Canadian retail sales up in July

By GFM Network News September 20, 2024

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that retail sales rose 0.9 per cent in July at C$66.4 billion. They were given a boost by new car sales, which increased by 2.3 per cent, as well as sales […] Read more

Currency Markets

Canadian dollar and business outlook

By GFM Network News September 20, 2024

By Phil Franz-Warkentin Glacier FarmMedia|MarketsFarm–The Canadian dollar was slightly softer Friday morning. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7363 or US$1=C$1.3581, which compares with Thursday’s close of US$0.7373 or US$1=C$1.3563. Retail sales increased 0.9 per cent in July hitting C$66.4 billion, reported Statistics Canada. Early data from August suggests a 0.5 […] Read more

Futures

ICE Canada Morning Comment: Canola pulling back

Pressure coming from weaker Chicago soy complex

By GFM Network News September 20, 2024

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Friday morning, following the Chicago soy complex to the downside. Small losses in crude oil weighed on the vegetable oils, but European rapeseed and Malaysian palm oil were higher. As fall officially starts on Sunday, Prairie temperatures are to turn […] Read more

(Louis Dreyfus video screengrab via YouTube)

Markets, News, Reuters

Louis Dreyfus first half profit drops as grain supply swells

By Gus Trompiz, Reuters September 20, 2024

LDC, one of the world's largest crop traders and processors whose competitors include ADM, Bunge and Cargill, said its core earnings (EBITDA) were $1.057 billion (C$1.434 billion) in the first six months of 2024, against $1.169 billion (C$1.586 billion) a year earlier.

Markets, Reuters

U.S. grains: Wheat and corn ease on uninspiring export sales

By Renee Hickman, Reuters September 19, 2024

Chicago corn and wheat futures ticked down on Thursday following lackluster export sales data released by the U.S. Department of Agriculture. Soybeans were dragged along for the ride despite more encouraging numbers, said analysts.

File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)

Markets, Reuters

U.S. livestock: Cattle futures strengthen on healthy US export demand, positioning

By Renee Hickman, Reuters September 19, 2024

Chicago Mercantile Exchange live cattle and feeder cattle futures jumped on Thursday as traders adjusted positions ahead of the U.S. Department of Agriculture's monthly cattle on feed report and saw strong U.S. export demand, according to analysts.

Currency Markets

Canadian Financial Close: C$ strengthens Thursday

By GFM Network News September 19, 2024

By Phil Franz-Warkentin Glacier FarmMedia|MarketsFarm – The Canadian dollar was stronger on Thursday, as currency traders continued to adjust positions following Wednesday’s interest rate cut from the United States Federal Reserve. The Canadian dollar settled at US$0.7373 or US$1=C$1.3563 on Thursday, which compares with Wednesday’s close of US$0.7358 or US$1=C$1.3590. An estimated 489,000 Canadians […] Read more

Futures

North American Grain/Oilseed Review: Canola, grains into the red

By GFM Network News September 19, 2024

WINNIPEG — The ICE Futures canola market moved back-and-forth on Thursday before ending the day lower despite mostly positive sentiment in comparable oils. One trader said canola could be pivoting into a move sideways and stay rangebound between C$560 to C$590 per tonne in the November contract. He also noted a lack of direction in […] Read more

“There is still a pile of corn going into southern Alberta,” says one trader at Eagle Commodities Ltd. Photo: MaksymTopchyi/iStock/Getty Images

Barley, Corn, Markets

Canadian purchases of U.S. corn off to slow start

By Phil Franz-Warkentin September 19, 2024

Canadian purchases of corn from the United States are off to a slow start in the 2024-25 marketing year, with ample old crop barley supplies likely limiting demand.

The harvest in Saskatchewan advanced 13 points for the week ended Sept. 16, at 74 per cent complete, despite rain in some parts of the province. Photo: Thinkstock

Crops, Markets

Saskatchewan crop report: Combining at about three-quarters mark

By Glen Hallick - MarketsFarm September 19, 2024

The harvest in Saskatchewan advanced 13 points for the week ended Sept. 16, at 74 per cent complete, despite rain in some parts of the province. The pace of combining was eight points behind this time last year, but 11 ahead of the five-year average.

GFM Network News

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Good weather pushes Alberta harvest along

Markets

Global Markets: Canadian retail sales up in July

Canadian dollar and business outlook

ICE Canada Morning Comment: Canola pulling back

Louis Dreyfus first half profit drops as grain supply swells

U.S. grains: Wheat and corn ease on uninspiring export sales

U.S. livestock: Cattle futures strengthen on healthy US export demand, positioning

Canadian Financial Close: C$ strengthens Thursday

North American Grain/Oilseed Review: Canola, grains into the red

Canadian purchases of U.S. corn off to slow start

Saskatchewan crop report: Combining at about three-quarters mark

AgCanadaTV

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

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