Cattle on a feedlot. PHOTO: FILE

U.S. livestock: Cattle futures slow descent

Chicago cattle futures fell on Thursday but to a lesser degree compared to Wednesday’s limit-down drop. Most-active December live cattle closed down 1.750 cents to 218.775 cents per pound. February contracts settled at 216.750 cents a pound, down 1.375 cents. Most-active January feeder contracts closed down 4.375 cents at 315.600 cents a pound. March contracts […] Read more




Canadian Financial Close: Loonie holds steady

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Thursday, buoyed by a sharp drop in the United States dollar while lacking support from crude oil. The loonie closed at US$0.7084 or US$1=C$1.4116 compared to Wednesday’s close of US$0.7082 or US$1=C$1.4120. On the U.S. Dollar Index, the greenback […] Read more


North American grain/oilseed review: Canola falls Thursday

Glacier FarmMedia — ICE canola futures fell below nearby chart support on Thursday, as speculative profit-taking and spillover from losses in the Chicago soy complex weighed on values. The January canola contract was under its 20- and 50-day moving averages, hitting its lowest level in over a week which was bearish from a chart standpoint. […] Read more

ICE canola falling at midday Thursday

Glacier FarmMedia — The ICE Futures canola market was weaker at midday Thursday, continuing its week-long pattern of moving up one day and down the next.      Steep losses in the Chicago soy complex accounted for much of the spillover selling pressure in canola, with European rapeseed also down on the day. However, Malaysian palm […] Read more



ICE canola steps down

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower on Thursday, following the lead of most comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was up. Crude oil also pulled back after Saudi Arabia cut its main oil price to Asia to its lowest level in 11 […] Read more