Markets
Chicago Board of Trade wheat futures spiked on Friday amid an uptick in demand for U.S. wheat due to a weaker dollar and the availability of desirable new-crop wheat, traders said.
Markets
U.S. grains: US wheat futures up on strengthening demand
U.S. livestock: Live cattle futures continue rally on steady demand
Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.
North American Grain/Oilseed Review: Canola, grains rise to end week
WINNIPEG — The ICE Futures canola market resumed its recent rally to go with mixed sentiment in vegetable oils and a weaker Canadian dollar. Chicago soyoil was higher coming out of Independence Day, while European rapeseed also made gains. Crude oil was lower despite smaller United States stockpiles and rising global equity markets. Malaysian palm […] Read more
ICE Midday: Canola enters weekend on high note
Glacier FarmMedia MarketsFarm – The ICE Futures canola market resumed its recent rise on Friday to go with mixed sentiment in vegetable oils and a weaker Canadian dollar. Chicago soyoil was higher coming out of Independence Day, while European rapeseed also made gains. Crude oil was also up due to fewer United States stockpiles and rising […] Read more
Canadian dollar and business outlook
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Thursday morning, as currency traders reacted to soft domestic jobs data. At 8:54 a.m. CDT the Canadian dollar was trading at US$0.7326 or US$1=C$1.3650, which compares with Thursday’s close of US$0.7346 or US$1=C$1.3613. Employment was virtually unchanged in Canada in June, with the […] Read more
Global Markets: Labour landslide in U.K. election
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Voters in the United Kingdom ended 14 years of Conservative governance with a resounding victory by the centre-left Labour Party in the country’s federal election on Thursday. Labour, led by Keir Starmer, took 410 seats in […] Read more
ICE Canada Morning Comment: Canola resumes upward climb
Oilseed's exports surpass 6 million tonnes
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Friday morning, following the resumption of activity at the Chicago Board of Trade after the Independence Day holiday. The Chicago soy complex saw losses in soybeans and soyoil while soymeal was higher. Some of the ‘gusto’ of stronger Malaysian palm […] Read more
Canadian Financial Close: C$ firm Thursday
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Thursday, although activity was choppy as participants await updated jobs data out on Friday and markets in the United States were closed for Independence Day. The Canadian dollar settled at US$0.7346 or US$1=C$1.3613 on Thursday, which compares with Wednesday’s close of […] Read more
Old crop feed barley in a steady downtrend
Farmers still holding onto old crop feed barley in hopes of better prices may be out of luck this year, as bids continue to drift lower with attention in the market turning to the upcoming new crop.
North American Grain/Oilseed Review: Canola down, U.S. markets closed
Glacier FarmMedia MarketsFarm – The ICE Futures canola market was down on Thursday amidst weaker comparable oils and lighter trading. European rapeseed and Malaysian palm oil were down. Crude oil was slightly higher with reduced United States stockpiles and the severity of Hurricane Beryl. Chicago soyoil was not traded as U.S. markets were closed due […] Read more
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