Markets
Ukraine's late crop yield might fall by up to 15 per cent in most regions due to extreme heat, the acting farm minister said on Monday, while the average early crop is expected to shrink by only by five per cent.
Markets
Late crop yield in most Ukrainian regions may drop by up to 15 per cent, farm ministry says
Canadian dollar and business outlook
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Monday morning as currency traders await the latest interest rate announcement from the United States Federal Reserve on Wednesday. At 9:11 a.m. CDT the Canadian dollar was trading at US$0.7221 or US$1=C$1.3848, which compares with Friday’s close of US$0.7231 or US$1=C$1.3830. General expectations […] Read more
ICE canola continues to show weakness
The ICE Futures canola market retreated to start the week, following the lead of most vegetable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly lower. However, crude oil was steady to higher. The Canadian dollar was down less than one-tenth of a United States cent compared to Friday’s close. […] Read more
U.S. grains: Soy tumbles as U.S. rain forecast offers relief
Chicago Board of Trade soybean and corn futures plunged on Friday but were set for weekly gains, as weather forecasts indicated positive news for crops in the central United States.
U.S. livestock: Feeder cattle gain strength as corn prices plunge
Chicago Mercantile Exchange (CME) cattle futures ticked up Friday on steep losses in the U.S. grains market, while lean hogs mostly firmed on short-covering, analysts said.
Canadian Financial Close: Loonie takes a dip
Crude oil's losses provides some push
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased a pinch lower on Friday, as crude oil’s losses increased. The loonie closed at US$0.7231 or US$1=C$1.3830, compared to Thursday’s finish of US$0.7236 or US$1=C$1.3819. On the U.S. Dollar Index, the greenback dipped 0.048 of a point at 104.060. Benchmark crude oil prices […] Read more
North American Grain and Oilseed Review: Canola tumbles ahead of weekend
A tough day at Chicago
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures dropped hard on Friday, due to a mix of farmer selling, improved weather for the United States Midwest, and the likelihood of large harvests this year. Added to that were steep declines in Chicago soybeans and soymeal, as well as European rapeseed. […] Read more
Prairie Wheat Weekly: Weather, weak loonie fail to lift prices
Despite temperatures exceeding 30 degrees Celsius on the Prairies and a weakened Canadian dollar, Western Canadian spring wheat prices were mixed and those for durum were lower during the week ended July 25.
ICE Canola Midday: Farmer selling likely behind big declines
Losses in most comparable oils weigh on values
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures fell hard at midsession Friday, in what an analyst believes is a good amount of farmer selling. “It’s running away from us,” the analyst commented. He added the market is also contending with improved confidence in the weather for the United States Midwest […] Read more
Global Markets: Wildfire destroys large part of Jasper
Parks Canada officials to speak Friday afternoon
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Approximately 30 to 50 per cent of Jasper was destroyed by a massive wildfire, according to Alberta government officials on Thursday. While Parks Canada has yet to publicly comment on the […] Read more
Cyber-Savvy Farmer
