Markets & Production Tips

Canadian Dollar and Business Outlook: Loonie higher, tariffs struck down

By GFM Network News May 29, 2025

The Canadian dollar rebounded on Thursday morning after two days of retreat. The loonie was at US$0.7250 or US$1=C$1.3793 as of 8:33 a.m. CDT, compared to Wednesday’s close at US$0.7233 or US$1=C$1.3826. The United States Dollar Index was down 0.43 of a point at 99.44. A U.S. federal court ruled on Wednesday that President Donald […] Read more

Livestock, Markets

U.S. livestock: Cattle continue slump, hogs rise

By Geralyn Wichers May 28, 2025

Chicago cattle futures slid for the second consecutive day on Wednesday while hog futures continued to climb.

Markets, Reuters

U.S. grains: CBOT soybeans, corn fall on quick planting pace

By Renee Hickman, Reuters May 28, 2025

Chicago soybean futures dropped on Wednesday as the U.S. Department of Agriculture's data showed rapid planting progress, and demand was slow, according to analysts.

Canola, Markets

ICE Canada Weekly: Canola to move with the weather

Announcement pending on 45Z biofuel tax credit

By Glen Hallick - MarketsFarm May 28, 2025

As May winds down the prospect of rain saw canola futures on the Intercontinental Exchange fall back on May 28, with the old crop July contract taking the biggest hit.

Currency Markets

Canadian Financial Close: Loonie falls back, crude oil higher

By GFM Network News May 28, 2025

Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated further on Wednesday. The loonie ended the day at US$0.7233 or US$1=C$1.3826, compared to US$0.7260 or US$1=C$1.3775 on Tuesday. The United States Dollar Index was up 0.36 of a point at 99.88. Crude oil prices were up after U.S. President Donald Trump authorized Chevron to maintain its operations […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Markets, News

CBOT weekly: Weather in focus for soybeans, corn and wheat

By Phil Franz-Warkentin May 28, 2025

Weather conditions will be a major factor moving grain and oilseed markets in the United States over the next few months, as seeding operations wrap up and attention turns to the developing crops.

Futures

North American Grain and Oilseed Review: Next week’s rain undercuts today’s canola

CBOT soy takes a hit, wheat turns around

By GFM Network News May 28, 2025

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures fell back on Wednesday due to rain in next week’s Prairie weather forecast. The much-needed moisture is to help alleviate dry conditions throughout most of the region. Today’s losses wiped out all of Tuesday’s increases and a little bit more. Additional pressure […] Read more

Futures

ICE Canola Midday: Futures continue retreating

But tight supplies in the background

By GFM Network News May 28, 2025

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures fell back late Wednesday morning, erasing yesterday’s gains. A trader said the threat of rain for next week was pressuring canola. This comes after dryness across most of the Prairies pushed canola higher, along with tight old crop supplies which still hover […] Read more

Global markets

Global Markets: 2024 farm income drops, Q1 farm receipts up

2024 cash receipts down as well

By GFM Network News May 28, 2025

By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Wednesday that farm cash receipts for the first quarter of 2025 totaled C$25.6 billion, up 3.1 per cent from Q1 of 2024. StatCan also issued its preliminary […] Read more

Futures

ICE canola correcting lower Wednesday morning

By GFM Network News May 28, 2025

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was lower Wednesday morning, taking back some of Tuesday’s gains. The largest losses were in the old crop July contract, as the old/new crop spread narrowed in. Losses in Chicago soybeans accounted for some spillover selling pressure, with European rapeseed also down on the day. […] Read more

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

GFM Network News

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

Markets

Canadian Dollar and Business Outlook: Loonie higher, tariffs struck down

U.S. livestock: Cattle continue slump, hogs rise

U.S. grains: CBOT soybeans, corn fall on quick planting pace

ICE Canada Weekly: Canola to move with the weather

Canadian Financial Close: Loonie falls back, crude oil higher

CBOT weekly: Weather in focus for soybeans, corn and wheat

North American Grain and Oilseed Review: Next week’s rain undercuts today’s canola

ICE Canola Midday: Futures continue retreating

Global Markets: 2024 farm income drops, Q1 farm receipts up

ICE canola correcting lower Wednesday morning

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for August 8, 2025

Cyber-Savvy Farmer

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