Markets
For the week ending June 28, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Volumes moving through the ring were limited and the quality was quite variable.
Markets
Klassen: Feeder market eyes deferred delivery prices
ICE Midday: Canola showing strength
Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were surging in the middle of Monday trading due to optimism over the resumption of trade talks with the United States. This was despite a stronger Canadian dollar and weakness in most comparable oils. An analyst said canola found support after moving down to […] Read more
Global Markets: Canada rescinds digital services tax
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced Sunday evening that it will rescind the planned digital services tax in order to resume trade negotiations with the United States. U.S. President Donald Trump cut off talks on Friday because […] Read more
ICE canola correcting higher to start week
Glacier FarmMedia | MarketsFarm — ICE canola futures were stronger Monday morning, taking back most of Friday’s losses with gains in the Chicago soybeans and soyoil providing support. The November contract briefly tested chart support at its 50-day moving average in overnight trade but was well above that level as the day session got underway. […] Read more
Canadian Dollar and Business Outlook: Loonie steady, crude oil lower
Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Monday morning. The loonie was at US$0.7313 or US$1=C$1.3674 as of 8:32 a.m. CDT, compared to Friday’s close at US$0.7312 or US$1=C$1.3676. The United States Dollar Index was down 0.13 of a point at 97.27. Crude oil prices were lower due to easing […] Read more
U.S. livestock: Cattle futures up on higher wholesale prices, buying interest
Chicago Mercantile Exchange cattle futures ended higher on Friday under support from stronger wholesale boxed beef prices and buying interest, though concerns over waning consumer demand for beef continued to linger over the market, analysts said.
U.S. grains: Chicago corn, soybeans recover from multi-month lows
Chicago corn and soybean futures rose on Friday from multi-month lows, supported by short covering and a weakening dollar, analysts said.
Canadian Financial Close: Loonie slips following end to trade talks with U.S.
All negotiations end 'effective immediately' says Trump
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Friday, giving up nearly two-tenths of a United States cent. The loonie finished at US$0.7312 or US$1=C$1.3676, compared to Wednesday’s close of US$0.7331 or US$1=C$1.3640. The move came after U.S. President Donald Trump said he’s ending all trade talks with Canada […] Read more
North American grain/oilseed review: Canola falls Friday
Glacier FarmMedia — The ICE Futures canola market was weaker Friday, retreating from earlier gains as traders adjusted positions ahead of the weekend and reacted to updated acreage and production data from Statistics Canada. StatCan pegged the country’s canola area at 21.46 million acres in a report out Friday morning. That compares with 22.01 million […] Read more
Canadian farmers planted fewer canola acres than expected, StatCan projects
StatCan revises 2024/25 canola output
In something of a surprise, Statistics Canada lowered its projection for planted canola acres in 2025/26, with other oilseeds reaping some of the benefits. As well, StatCan adjusted its numbers for Canadian wheat.
Cyber-Savvy Farmer
