Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)

U.S. livestock: Cattle futures post limit-down losses

Cattle futures on the Chicago Mercantile Exchange were down by their daily limits on Wednesday, with speculative long liquidation a feature. The December live cattle contract lost 7.250 cents per pound at 220.525 cents. Feeder cattle were down 9.250 cents in the January contract at 319.975 cents per pound. U.S. Agriculture Secretary Brooke Rollins met […] Read more



Canadian Financial Close: Loonie continues downward slide

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back some more on Wednesday, feeling the impact of yesterday’s federal budget. The loonie closed at US$0.7082 or US$1=C$1.4120 compared to Tuesday’s close of US$0.7097 or US$1=C$1.4090. With C$1 trillion in major infrastructure and industrial investments, along with the impact of United […] Read more



North American grain/oilseed review: Canola steadies Wednesday

Glacier FarmMedia — ICE canola futures settled within 50 cents of unchanged in the most active months on Wednesday, lacking any clear direction as the market consolidated after seeing large price swings in recent sessions. Gains in the Chicago soy complex provided underlying support, as the markets in the United States reacted to news China […] Read more



ICE canola narrowly mixed at midday

Glacier FarmMedia — The ICE Futures canola market was narrowly mixed at midday Wednesday, seeing some consolidation after the large price swings of recent sessions. Gains in Chicago soybeans and soyoil provided spillover support. European rapeseed and Malaysian palm oil futures were holding relatively steady. The January canola contract touched its 50-day moving average to […] Read more



ICE canola finds upside

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Wednesday following losses on Tuesday. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was up. Crude oil also showed losses after reports of gains in United States stockpiles. The Canadian dollar lost more than one-tenth of a U.S. cent […] Read more

Global Markets: Federal budget released

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Prime Minister Mark Carney’s Liberal government released their first budget on Tuesday. It included about C$1 trillion in investment and posts a deficit over C$78 billion. The “Canada Strong” budget was touted as a “plan to transform our […] Read more