By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were mixed on Thursday, with small increases in the old crop months and losses in the new crop positions. While gains in Malaysian palm oil, along with Chicago soybeans and soymeal provide support to canola, losses in Chicago soyoil and MATIF rapeseed weighed on values. […] Read more
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mixed on Thursday, struggling to recoup and maintain earlier gains. An analyst said there was, “not too much at play” in the markets on Thursday. An about-face in Chicago soyoil took away a lot of canola’s strength, although soybeans and soymeal remained […] Read more
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump posted on his Truth Social platform on Wednesday that the framework for a future deal on Greenland was agreed to with NATO Secretary General Mark Rutte and Danish […] Read more
Glacier FarmMedia — ICE canola futures were weaker Thursday morning, taking back some of Wednesday’s gains. Chart-based positioning was a feature, as canola was starting to look overbought by some technical indicators. Losses in Chicago soyoil also weighed on values, although soybeans were higher. European rapeseed and Malaysian palm oil were narrowly mixed on the […] Read more
Glacier FarmMedia – The Canadian dollar took a step back this morning as crude oil prices dropped due to an easing in tensions between the United States and the rest of the world. The loonie was at US$0.7234 or US$1=C$1.3824 as of 8:50 a.m. CST, compared to Wednesday’s close at US$0.7239 or US$1=C$1.3814. […] Read more
Chicago | Reuters – Cattle futures on the Chicago Mercantile Exchange rose for a second session on Wednesday in technical trading, as wholesale beef prices firmed, traders said. The U.S. Department of Agriculture quoted the choice boxed beef cutout value at $366.18 per hundredweight (cwt) on Wednesday morning, up $1.42 from a day earlier. Select […] Read more
Chicago | Reuters – Chicago soybean futures bounced on Wednesday on a slow start to the South American harvest. Meanwhile, talks between U.S. and Chinese officials boosted export sentiment and shifted attention from a diplomatic dispute over Greenland, analysts said. Wheat and corn also rebounded from drops a day earlier, with mixed weather conditions in […] Read more
Canadian farmers will plant more canola in 2026/27, while lowering their pulse and special crop area, according to the first supply/demand estimates from Agriculture and Agri-Food Canada for the upcoming marketing year.