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U.S. livestock: Lean hog futures retreat as wholesale US pork prices sag

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures backpedaled on Thursday from a one-week high reached during the previous session, while live cattle futures strengthened. Hog futures eased after wholesale U.S. pork prices pulled back from a jump on Tuesday. The U.S. Department of Agriculture priced the pork carcass cutout at $97.02 per […] Read more

U.S. grains: Corn hits two-week high as US, global weather worries lift grains

U.S. grains: Corn hits two-week high as US, global weather worries lift grains

Chicago | Reuters – Chicago Board of Trade corn futures set a two-week high on Thursday on concerns about rising temperatures in the U.S. farm belt. Global weather worries also helped support grain markets, after the U.S. Department of Agriculture trimmed its outlook for world 2024-25 corn and wheat ending stocks in a monthly report on Wednesday. […] Read more



North American Grain/Oilseed Review: Canola declines, most grains rise

Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Thursday, returning to the downside as relatively favourable growing conditions and seasonal selling pressure weighed on values. Seeding operations were nearly complete in Saskatchewan according to the weekly provincial report, with 78 per cent of the canola crop rated good-to-excellent. European rapeseed and Chicago […] Read more


ICE Midday: Canola drifts downward

Glacier FarmMedia MarketsFarm – The ICE Futures canola market returned to the red on Thursday, mainly due to seasonal pressure and a lack of support from comparable oils. Chicago soyoil was down as well as Malaysian palm oil. European rapeseed was steady to lower. However, crude oil made small gains despite a build in United States […] Read more




Canadian dollar and business outlook

By Phil Franz-Warkentin, MarketsFarm Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer Thursday morning, as currency traders continued to parse Wednesday’s comments from the United States Federal Reserve. At 8:47 a.m. CDT the Canadian dollar was trading at US$0.7280 or US$1=C$1.3736, which compares with Wednesday’s close of US$0.7299 or US$1=C$1.3700. The Fed left […] Read more


ICE Canada Morning Comment: Canola resumes sliding back

Weakness from other edible oils

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange resumed their declines on Thursday morning, being pulled lower by losses in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were to the downside. Upticks in Chicago soybeans and soymeal helped to stem further losses in canola. Crude oil […] Read more

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U.S. grains: Wheat sags on uncertain demand outlook; corn firm, soy lower

Chicago | Reuters – U.S. wheat futures fell about 1.5 per cent on Wednesday as worries about global export demand and a year-on-year rise in U.S. inventories overshadowed support from a shrinking Russian wheat crop, analysts said. Corn futures firmed while soybeans declined after the U.S. Department of Agriculture’s monthly supply/demand reports offered few market-moving surprises. Chicago Board […] Read more