Markets
Demand for feed grains continued to hold up fairly good with ongoing dry conditions on the Canadian Prairies not having much of an impact on prices, said Brandon Motz, a manager at CorNine Commodities in Lacombe, Alta.
Markets
Feed Grain Weekly: Demand, supply matching each other
Dryness having little impact on feed prices
North American grain/oilseed review: Canola up Thursday
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Thursday, with chart-based buying and spillover from soybeans providing support. Tight old crop supplies and production uncertainty for the new crop contributed to the gains. However, losses in soyoil and a firm tone in the Canadian dollar put some […] Read more
Barley, Canola, Cereals, Forages, Lentils, Markets, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Saskatchewan few points short of wrapping up spring planting
Topsoil moisture levels down
Farmers in Saskatchewan have virtually wrapped up their spring seeding for 2025, with the provincial agriculture department reporting the crops were 97 per cent planted as of June 2. That's up nine points on the week, three ahead of this time last year and two above the five-year average.
ICE canola showing some strength at midday
By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was stronger at midday Thursday, recovering from early losses with speculative positioning a feature. Tight old crop supplies and production uncertainty for the new crop provided underlying support. Chicago soybeans were also up on the day, but soyoil was lower. A stronger tone in […] Read more
Global Markets: China impedes tariff talks with Canada at WTO
Said matter can be raised at next meeting
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Reuters reported on Thursday that China blocked Canada’s request for a dispute panel to review additional import duties by China on agricultural and seafood products at the World Trade Organization. During […] Read more
ICE canola eases off to start Thursday
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small declines on Thursday morning as it was pulled down by a stronger Canadian dollar and weaker vegetable oils. Chicago soyoil was steady, but European rapeseed and Malaysian palm oil were lower. Crude oil made gains despite a larger United States stockpile and Saudi Arabia […] Read more
Canadian Dollar and Business Outlook: Loonie benefits from weaker U.S. dollar
StatCan reports trade deficit at C$7.5 million
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar gained more ground on Thursday morning, as its United States counterpart slipped back. As of 8:42 am CDT, the loonie was at US$0.7332 or US$1=C$1.3637 compared to Wednesday’s close of US$0.7312 or US$1=C$1.3677. On the U.S. Dollar Index, the greenback gave up 0.370 of a […] Read more
Pulse Canada president encouraged by first ministers’ statement
Cherewyk calls for immediate end to China’s tariffs
Greg Cherewyk was pleased with the final communique that came out of the first ministers' conference in Saskatoon on June 2. The statement noted the federal government's commitment to resolving trade issues with China.
Canadian Financial Close: Loonie closes above 73 U.S. cents
BoC holds key rates steady
Canadian Financial Close: Loonie closes above 73 U.S. cents By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar added a quarter on Wednesday, busting through the 73-cent mark following the interest rate announcement from the Bank of Canada. The loonie finished at US$0.7312 or US$1=C$1.3677, compared to Tuesday’s close of US$0.7287 or […] Read more
U.S. livestock: Substantial prices gains for live, feeder cattle
Cattle futures on the Chicago Mercantile Exchange made substantial gains on Wednesday, aided by a weaker United States dollar. The August live cattle contract gained US$2.600 per hundredweight and ended the day at US$212.350. The August feeder cattle contract rose by a similar amount, gaining US$2.650/cwt. to close at US$303.875. The United States Department of […] Read more
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