Markets & Production Tips

Canadian Financial Close: Crude oil, TSX take tumbles

By GFM Network News September 6, 2024

Glacier FarmMedia MarketsFarm – The Canadian dollar took a step back to close out the week. The loonie closed at US$0.7383 or US$1=C$1.3545, compared to US$0.7400 or US$1=C$1.3514 on Thursday. Statistics Canada reported the unemployment rate rose to 6.6 per cent in August, compared to 6.4 per cent in July. However, the Canadian economy added […] Read more

Markets

Solid Canadian grain/oilseed exports to start 2024/25

By Phil Franz-Warkentin September 6, 2024

Canadian grain and oilseed exports through the first month of the 2024/25 marketing year are running well ahead of what moved during the same time the previous year, with just over a million tonnes of canola already moved, according to the latest data from the Canadian Grain Commission. Total exports of all the major grain, […] Read more

Futures

North American Grain and Oilseed Review: Great pressure on canola

Chicago trading ends in the red

By GFM Network News September 6, 2024

Intercontinental Exchange canola futures were weaker on Friday after seeing another round of sharp losses, as the China situation reared its head again. Earlier this week China said its planning an investigation into possible canola dumping by Canada. This announcement came after Canada hiked tariffs on electric vehicles imported from China, as imports of their […] Read more

Futures

ICE Canola Midday: Steep losses resume for Canadian oilseed

China situation weighing on values

By GFM Network News September 6, 2024

By Glen Hallick Glacier Farm Media MarketsFarm –Intercontinental Exchange canola futures were down sharply by late Friday morning, as the China situation regained its dominance in the market. Earlier this week, China said it was planning an investigation into possible canola dumping by Canada, with the announcement sending futures spiraling downward. Added to that were […] Read more

Markets, Spring Wheat, Winter Wheat

Prairie Wheat Weekly: Most Western Canadian wheat bids rise

By Adam Peleshaty September 6, 2024

Western Canadian wheat bids were mostly higher during the week ended Sept. 5, following the lead of United States wheat futures. The U.S. Department of Agriculture reported the country’s spring wheat harvest to be 70 per cent complete as of the start of September, matching the five-year average and being two points ahead of last […] Read more

Futures

ICE canola weaker Friday morning

By GFM Network News September 6, 2024

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting losses Friday morning, taking back all of Thursday’s gains amid ongoing concerns over a mounting trade dispute with China. After announcing plans to start an anti-dumping investigation into Canadian canola imports earlier this week, China said Friday that it was […] Read more

Global markets

Global Markets: Unemployment bumps up in Canada, dips in U.S.

Meanwhile one deal gets a yes, the other a no

By GFM Network News September 6, 2024

By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Unemployment in Canada rose to 6.6 per cent in August, up from 6.4 per cent in July, according to Statistics Canada on Friday. The increase came despite the economy adding 22,000 […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Loonie steady, unemployment rate grows

By GFM Network News September 6, 2024

Glacier FarmMedia MarketsFarm – The Canadian dollar was unchanged on Friday morning. The loonie was at US$0.7400 or US$1=C$1.3514 as of 8:33 a.m. CDT, the same as the Bank of Canada’s closing exchange rate on Thursday. Statistics Canada reported that Canada’s unemployment rate rose to 6.6 per cent in August, compared to 6.4 per cent in […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle fall as consumers opt for cheaper meats

By Heather Schlitz September 5, 2024

Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Thursday on renewed worries over inflation-hit consumers’ ability to purchase pricy cuts of meat, traders said. Hog futures also fell on a seasonal lull in prices and a strong supply of heavy hogs. Beef and pork demand has eased […] Read more

Crops, Markets, Reuters

U.S. grains: Corn, soy futures ease after short-covering wave

By Heather Schlitz September 5, 2024

Chicago | Reuters – Chicago corn and soybean futures fell on Thursday as large U.S. yield prospects continued to drive short covering from earlier this week, analysts said. Wheat followed corn downward, while brisk exports from the Black Sea region continued to curb prices. A lower dollar and concerns over damaging, dry U.S. Midwestern weather […] Read more

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

Canadian Financial Close: Crude oil, TSX take tumbles

Solid Canadian grain/oilseed exports to start 2024/25

North American Grain and Oilseed Review: Great pressure on canola

ICE Canola Midday: Steep losses resume for Canadian oilseed

Prairie Wheat Weekly: Most Western Canadian wheat bids rise

ICE canola weaker Friday morning

Global Markets: Unemployment bumps up in Canada, dips in U.S.

Canadian Dollar and Business Outlook: Loonie steady, unemployment rate grows

U.S. livestock: CME cattle fall as consumers opt for cheaper meats

U.S. grains: Corn, soy futures ease after short-covering wave

AgCanadaTV

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

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