Markets & Production Tips

Pulse Canada credited the decline in dry pea stocks to a sharp increase of exports to India in 2023/24. Photo: Victoria Popova/iStock/Getty Images

Pulse Weekly: India largely responsible for drop in Canadian dry pea stocks

By Glen Hallick - MarketsFarm September 10, 2024

Dry peas saw sharp reductions in Statistics Canada's report on grain stocks as of July 31. Released on Sept. 9, the StatCan report showed on-farm and commercial dry pea stocks at a combined 348,000 tonnes, down from 550,000 the previous July. The current stocks also came in below the five-year average of 398,600 tonnes.

Futures

North American grain/oilseed review: Canola weakens Tuesday

By GFM Network News September 10, 2024

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Tuesday, trading just above contract lows as losses in the Chicago soy complex and bearish technical signals weighed on values. The most-active November contract moved below its 20-day moving average, encouraging additional speculative selling. European rapeseed and Malaysian palm […] Read more

Average prices for the majority of crops grown in the Prairies were lower this July compared to the year before. Photo: Thinkstock

Markets

Most Prairie farm product prices drop: StatCan

By Adam Peleshaty September 10, 2024

Average prices for the majority of crops grown in the Prairies were lower this July compared to the year before, while cattle prices continued to rise, according to Statistics Canada's (StatCan) monthly farm product prices released on Sept. 10.

Futures

ICE canola weakens with soy complex

By GFM Network News September 10, 2024

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Tuesday, taking some direction from losses in the Chicago soy complex as contracts traded just above nearby lows. European rapeseed and Malaysian palm oil futures were also weaker on the day, although ideas that canola was looking cheap compared […] Read more

Global markets

Global Markets: Ukraine launches drone attack on Moscow

By GFM Network News September 10, 2024

By Phil Franz-Warkentin, MarketsFarm Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Ukraine launched its largest drone attack on Russia yet on Tuesday, targeting the Moscow region. At least one person was killed, with three out of Moscow’s four airports closed causing flights […] Read more

Livestock, Markets

Klassen: Feeder cattle markets in price discovery mode

By Jerry Klassen September 10, 2024

For the week ending September 7, Western Canadian yearling markets traded steady to $5/cwt higher in Alberta but steady to $6/cwt lower in Saskatchewan and Manitoba compared to seven days earlier. Major feedlots in Alberta appear to be focusing on local cattle. The calf market is in price discovery mode with prices quoted $10/cwt higher to $10/cwt lower.

Futures

ICE canola in the red

By GFM Network News September 10, 2024

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued to move lower at the start of Tuesday trading. Chicago soyoil is up, but European rapeseed is down and Malaysian palm oil is mostly lower. Crude oil is also showing declines. China announced on Monday it has started an anti-dumping investigation into Canadian canola imports […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Loonie slips with dip in crude

OPEC says demand to soften

By GFM Network News September 10, 2024

The Canadian dollar lost some ground on Tuesday morning as crude oil prices stepped back, As of 8:35 am CDT, the loonie was at US$0.7364 or US$1=C$1.3578 compared to Monday’s close of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, the greenback nudged up 0.090 of a point at 101.250. Benchmark crude oil prices were […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, Reuters

U.S. grains: Soybeans climb on export demand, dry weather in US and Brazil

By Julie Ingwersen, Reuters September 9, 2024

U.S. soybean futures rose about one per cent on Monday, supported by fresh export demand, dry weather in the Midwest crop belt and uncertainty about the start of planting in Brazil, traders said.

Markets, Reuters

U.S. livestock: Cattle futures rally in turnaround from slide last week

By Reuters, Tom Polansek September 9, 2024

Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on short covering on Monday, analysts said, as the markets recovered from a slide last week.

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

Pulse Weekly: India largely responsible for drop in Canadian dry pea stocks

North American grain/oilseed review: Canola weakens Tuesday

Most Prairie farm product prices drop: StatCan

ICE canola weakens with soy complex

Global Markets: Ukraine launches drone attack on Moscow

Klassen: Feeder cattle markets in price discovery mode

ICE canola in the red

Canadian Dollar and Business Outlook: Loonie slips with dip in crude

U.S. grains: Soybeans climb on export demand, dry weather in US and Brazil

U.S. livestock: Cattle futures rally in turnaround from slide last week

AgCanadaTV

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

Cyber-Savvy Farmer

Latest Market News