Markets
A rational family sitting down for a budget discussion should raise savings, reduce the risk those savings face when invested, and make a point to keep up with every twist and turn of emerging U.S. tariff and tax policy.
Markets
Oval Office intrigue drags on farm-level decisions
Farm Financial Planner: In the churning world of U.S. import policy, tariffs stalk Canada’s bewildered farmers
ICE canola weaker at midday Friday
By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was weaker at midday Friday, taking some direction from Chicago soyoil. European rapeseed futures were also down on the day, although Chicago soybeans and Malaysian palm oil were firmer. Chart-based selling was a feature, as fund traders were thought to be liquidating long positions […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was stronger Friday morning as currency markets reacted to the latest trade news out of the United States. At 9:14 a.m. CDT the Canadian dollar was trading at US$0.7254 or US$1=C$1.3785 which compares with Thursday’s close of US$0.7223 or US$1=C$1.3844. U.S. President Donald Trump signed executive orders placing import […] Read more
Global Markets: U.S. ups tariffs on Canada
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump signed an executive order on Thursday raising the tariff on Canadian goods to 35 per cent, from 25 per cent. Most Canadian exports fall under the Canada-U.S.-Mexico Agreement (CUSMA) and can still […] Read more
ICE canola retreats to start August
Glacier FarmMedia — Canola futures on the Intercontinental Exchange were in the red on Friday morning as a lack of weather concerns pressured the oilseed. Most of Saskatchewan and Alberta will see rain showers either this weekend or at the start of next week. Most of southern Manitoba is expected to be warm and dry […] Read more
U.S. livestock: Cattle futures retreat from record highs
Chicago Mercantile Exchange live cattle and feeder cattle futures plunged on Thursday in a setback from record highs.
U.S. grains: Soy futures set April low on good US crop weather, slow China demand
Chicago Board of Trade soybean futures fell on Thursday to their lowest level since April on beneficial U.S. crop weather and poor demand from China, analysts said.
Rain aids some Saskatchewan crops
Soil moisture largely adequate
There was some relief for crops in Saskatchewan following sporadic showers. The provincial agriculture department said farmers are hoping for more rain to aid head and pod filling, but the weekly crop report for the week ended July 28 noted that more moisture wouldn’t help the yields for more advanced crops.
Prairie Wheat Weekly: Cash prices shift either side of unchanged
Declines in U.S. wheat prices, loonie fuel mixed values
Cash prices for spring wheat and durum across the Canadian Prairies saw slight movement either way during the week ended July 31.
Feed Grain Weekly: Rain weakens Alberta prices, rest of Prairies remains firm
Farmers should shop around
Feed grain prices in Alberta moved lower following recent rains, said Susanne Leclerc, owner of Market Master Ltd. in Edmonton. However, she suggested prices could increase prior to the coming harvest.
Cyber-Savvy Farmer
