Markets & Production Tips

ICE canola continues higher Tuesday

By GFM Network News March 18, 2025

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Tuesday morning, with the largest gains in the front months as values continued to correct off the lows hit last week. Gains in Chicago soyoil provided some spillover support, while European rapeseed was also mostly higher. End user bargain hunting contributed to the […] Read more

Currency Markets

Canadian Financial Close: Loonie up, gold hits all-time high

By GFM Network News March 17, 2025

Glacier FarmMedia | MarketsFarm – The Canadian dollar attained its highest close in nearly three weeks on Monday. The loonie ended the day at US$0.6991 or US$1=C$1.4304, compared to US$0.6950 or US$1=C$1.4388 on Friday. The United States Dollar Index declined 0.33 of a point at 103.39. The U.S. Commerce Department reported February retail sales did not […] Read more

Markets, Reuters

U.S. grains: Wheat climbs on fears of wind damage to US crop

By Renee Hickman, Reuters March 17, 2025

Chicago wheat futures surged on Monday as wind storms in U.S. grain belts caused concerns about crop damage and traders hoped reduced Russian exports could generate more demand for U.S. supplies, according to analysts.

Livestock, Markets

U.S. livestock: Chicago cattle, hog futures see strong start to week

By Geralyn Wichers March 17, 2025

Both live and feeder cattle futures made healthy gains to start the trading week at the Chicago Mercantile Exchange, and boxed beef continued to climb on strong consumer demand.

Futures

North American Grain and Oilseed Review: Canola regains some lost ground

CBOT soy complex closes mixed

By GFM Network News March 17, 2025

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Monday, but a trader said it’s unclear how far this upswing might go. The trader said canola was oversold due to the fallout from trade issues with China and the United States. He noted the spec funds eliminated their […] Read more

Markets

Speculators bail out of canola long positions

Tariff uncertainty tied to liquidation

By Phil Franz-Warkentin March 17, 2025

Fund traders were busy liquidating long positions and putting on new bearish bets in canola as tariff uncertainty from both China and the United States weighed on the futures in early March.

Futures

ICE Canola Midday: Prices pushing higher

Canadian oilseed exhausted from downturn

By GFM Network News March 17, 2025

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise by late Monday morning. A trader commented the market is exhausted from last week’s downturn over tariff issues. He also noted the speculative funds have eliminated their record long position in canola and that farmers weren’t prepared for the […] Read more

Global markets

Global Markets: Economic growth to slow next two years – OCED

Inflation to rise as well

By GFM Network News March 17, 2025

By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Organization for Economic Co-operation and Development announced on Monday it has reduced its economic growth forecast, pointing to the tariff policies of United States President Donald Trump. Globally, the OECD […] Read more

Futures

ICE canola mixed to start week

By GFM Network News March 17, 2025

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was narrowly mixed Monday morning, seeing some consolidation after dropping sharply last week. Ongoing tariff concerns that may disrupt trade with both China and the U.S. kept the canola market on edge. However, after losing about C$100 per tonne over the […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Loonie, crude oil on the rise

By GFM Network News March 17, 2025

Glacier FarmMedia | MarketsFarm – The Canadian dollar was on the rise coming out of the weekend. The loonie was at US$0.6973 or US$1=C$1.4341 as of 8:32 a.m. CDT, compared to Friday’s close at US$0.6950 or US$1=C$1.4388. The United States Dollar Index was down 0.21 of a point at 103.50. February retail sales in the […] Read more

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Saskatchewan Crop Report: Varied precipitation as harvest begins

U.S. grains: Wheat, soy and corn bounce off lows as demand stirs

GFM Network News

Bird flu virus could be airborne: study

Saskatchewan Crop Report: Varied precipitation as harvest begins

U.S. grains: Wheat, soy and corn bounce off lows as demand stirs

Markets

ICE canola continues higher Tuesday

Canadian Financial Close: Loonie up, gold hits all-time high

U.S. grains: Wheat climbs on fears of wind damage to US crop

U.S. livestock: Chicago cattle, hog futures see strong start to week

North American Grain and Oilseed Review: Canola regains some lost ground

Speculators bail out of canola long positions

ICE Canola Midday: Prices pushing higher

Global Markets: Economic growth to slow next two years – OCED

ICE canola mixed to start week

Canadian Dollar and Business Outlook: Loonie, crude oil on the rise

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