Markets & Production Tips

ICE Canola Midday: Tacking on small increases

Part of positioning ahead of Friday's USDA report

By GFM Network News 5 days ago

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher late Wednesday morning in an attempt to stabilize after a series of sharp losses. “Canola is staging a bit of a rally,” an analyst said, noting the markets were positioning ahead of tomorrow’s supply and demand report from the United […] Read more

Animal health worker Eduardo Lugo treats the wounds of a cow as Chihuahua ranchers intensify surveillance for the screwworm after the U.S. suspended cattle imports following the detection of the parasite in southern Mexico, at the Chihuahua Regional Livestock Union, in Nuevo Palomas, Mexico May 16, 2025. Photo: Reuters/Jose Luis Gonzalez

Livestock, Markets, Reuters

U.S. again halts cattle imports from Mexico over flesh-eating screwworms

By Reuters, Tom Polansek 5 days ago

The flesh-eating livestock pest New World screwworm has advanced closer to the U.S. border with Mexico, the U.S. Department of Agriculture said, prompting Washington to block imports of Mexican cattle just days after it allowed them to resume at a port of entry in Arizona.

Futures

ICE canola correcting higher in early trade

By GFM Network News 5 days ago

Glacier FarmMedia — ICE canola futures were stronger Thursday morning, finding some support after hitting one-month lows the previous session. Dryness concerns in parts of Western Canada and tight old crop supplies contributed to the gains. Chicago soyoil was holding near unchanged in early activity, providing little direction. European rapeseed and Malaysian palm oil were […] Read more

Global markets

Global Markets: Trump threatens Brazil with sharp surcharge

Claims Bolsonaro victim of witch hunt

By GFM Network News 5 days ago

By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump targeted Brazil in his latest round of tariff threats. On Wednesday, Trump warned Brazilian President Luiz da Silva that he would slap a 50 per […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Little change for loonie, crude oil slips

By GFM Network News 5 days ago

Glacier FarmMedia | MarketsFarm — The Canadian dollar was virtually unchanged on Thursday as proposed tariff rates by United States President Donald Trump were top of mind in the market. The loonie was at US$0.7305 or US$1=C$1.3689 as of 8:24 a.m. CDT, compared to Wednesday’s close at US$0.7303 or US$1=C$1.3693. The United States Dollar Index […] Read more

Markets, Reuters

U.S. livestock: Feeder cattle extend rally to new highs

By Reuters, Tom Polansek 6 days ago

Chicago Mercantile Exchange feeder cattle futures extended gains to record highs on Wednesday while live cattle futures set a contract high before pulling back.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, Reuters

U.S. grains: Corn rises after setting contract lows on favorable US crop prospects

By Reuters, Tom Polansek 6 days ago

Chicago Board of Trade corn futures turned higher on Wednesday after favorable U.S. crop conditions pushed prices to contract lows.

Markets

CBOT weekly: USDA/weather in focus for corn and soybeans

Midwestern conditions favourable

By Phil Franz-Warkentin 6 days ago

Warm Midwestern temperatures and timely precipitation weighed on corn and soybean futures at the Chicago Board of Trade coming out of the Independence Day long weekend. Weather should remain a major market driver through the growing season, although some short-term direction could come from the monthly United States Department of Agriculture supply/demand estimates due out on July 11.

Currency Markets

Canadian Financial Close: Loonie down, crude oil steady

By GFM Network News 6 days ago

Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back to its lowest close in two weeks. The loonie ended the day at US$0.7303 or US$1=C$1.3693, compared to US$0.7312 or US$1=C$1.3677 on Tuesday. The U.S. Dollar Index was down 0.03 of a point at 97.49. Benchmark crude oil prices were virtually unchanged on Wednesday, as increased […] Read more

Canola, Markets

ICE Canada Weekly: Canola’s slide likely to continue

If dryness not alleviated, canola would turnaround

By Glen Hallick - MarketsFarm 6 days ago

With the speculative fund selling and relatively decent crop conditions on the Canadian Prairies, a broker said canola futures have little option but to continue falling back.

Ag in Motion innovation awards showcase top 2025 ag technology

U.S. pulse group commits to doubling production in five years

Klassen: Western Canadian calf markets surge on New World screwworm fears

GFM Network News

Ag in Motion innovation awards showcase top 2025 ag technology

U.S. pulse group commits to doubling production in five years

Klassen: Western Canadian calf markets surge on New World screwworm fears

Markets

ICE Canola Midday: Tacking on small increases

U.S. again halts cattle imports from Mexico over flesh-eating screwworms

ICE canola correcting higher in early trade

Global Markets: Trump threatens Brazil with sharp surcharge

Canadian Dollar and Business Outlook: Little change for loonie, crude oil slips

U.S. livestock: Feeder cattle extend rally to new highs

U.S. grains: Corn rises after setting contract lows on favorable US crop prospects

CBOT weekly: USDA/weather in focus for corn and soybeans

Canadian Financial Close: Loonie down, crude oil steady

ICE Canada Weekly: Canola’s slide likely to continue

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for July 11, 2025

Cyber-Savvy Farmer

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