Markets
Cattle markets have been difficult to predict over the past seven months with a decline in slaughter in the U.S. and continued increases in cattle on feed, but prices remain high.
Markets
Cattle rally stalls at historic highs
The Markets: Cattle markets are acting in an unpredictable way across North America
U.S. livestock: Cattle, hogs make gains
Chicago cattle futures closed with small gains on Monday after Friday's fall. Lean hog futures were also up.
Canadian Financial Close: C$ weaker Monday
Glacier FarmMedia — The Canadian dollar was weaker on Monday, hitting its weakest level in six days relative to its United States counterpart. The Canadian dollar settled at US$0.7254 or US$1=C$1.3785, which compares with Friday’s close of US$0.7272 or US$1=C$1.3751. Monthly U.S. inflation data will be released Tuesday, with positioning ahead of the report accounting […] Read more
U.S. grains: Soybeans rally after Trump urges China to buy more U.S. beans
U.S. soybean futures rallied to a two-week high on Monday after U.S. President Donald Trump said he hoped China would quadruple its soybean buying from the United States and as forecasts of hot, dry U.S. weather sparked some concern about yields.
North American Grain/Oilseed Review: Soybeans support canola
Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher coming out of the weekend, supported by rising soybean futures in the United States. On Sunday, U.S. President Donald Trump urged China on social media to quadruple its purchases of U.S. soybeans. This caused prices to rise significantly with the gains spilling over into […] Read more
Trump urges China to quadruple soybean orders
Analysts say quadrupling soybean orders is ‘highly unlikely’
U.S. President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though analysts were quick to question the feasibility of any such deal.
ICE Midday: Canola supported by stronger soy complex
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were on the rise in the middle of Monday trading as stronger soybean prices spilled over the oilseed. United States President Donald Trump urged China to quadruple its purchases of U.S. soybeans on social media on Sunday. A 90-day tariff pause on Chinese goods is set to […] Read more
Global Markets: Wildfires blaze in Newfoundland and Labrador
The following is a glance at the news moving markets in Canada and globally. – Four wildfires are continuing to burn out of control in Newfoundland and Labrador and hot and dry weather conditions are not helping matters. The largest wildfire in the province is the Kingston fire near Conception Bay North, which has spread […] Read more
ICE canola rising off nearby lows to start week
Glacier FarmMedia — ICE canola futures were posting solid gains Monday morning, seeing a recovery to start the week after closing at its lowest levels in two months on Friday. U.S. President Donald Trump posted to social media on Sunday that “China is worried about its shortage of soybeans,” and added that “our great farmers […] Read more
Canadian Dollar and Business Outlook: Loonie weaker, crude oil higher
Glacier FarmMedia — The Canadian dollar opened the week on a low note. The loonie was at US$0.7256 or US$1=C$1.3782 on Monday as of 8:29 a.m. CDT, compared to Friday’s close at US$0.7272 or US$1=C$1.3751. The United States Dollar Index rose 0.28 of a point at 98.46. U.S. inflation data will be released tomorrow, while […] Read more
Cyber-Savvy Farmer
