A pause on tariffs from the United States gave the canola market a boost during the first few trading days of February, although the outlook remains cloudy, and values ran into resistance on Feb. 5.
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ICE canola weekly outlook: Uncertainty overhanging market
Tariff threats and U.S. biofuel questions
U.S. Grains: Soybeans climb to highest since July as tariff worries ease
Chicago Board of Trade soybean futures jumped to their highest level since July on Tuesday as concerns eased that trade disputes will disrupt U.S. agricultural exports, analysts said.
Klassen: Western Canadian feeder markets set fresh high amid tariff threat
For the week ending February 1, Western Canadian feeder cattle markets traded steady to $8 per hundredweight higher compared to seven days earlier. In some cases, larger packages of quality genetics were up as much $15/cwt from the prior week.
EMC unveils Canada/U.S. trade relations service
Non-profit asks manufacturers to pose questions, provide answers
Excellence in Manufacturing Consortium is opening its Member Needs Help service to all Canadian manufacturers to help them navigate the U.S./Canada trade crisis.
Canada releases list of tariffed items
Federal goverment to impose tariffs on Feb. 4
The federal government has released a list of items imported from the United States to see 25 per cent tariffs starting on Feb. 4, 2025.
ICE Weekly: Tariff threats linger over canola market
Trump tariffs could sink canola prices
Tariff threats from United States President Donald Trump have the canola market on edge.
Rallying corn futures nearing resistance
Chicago corn just shy of $5.00
Corn futures at the Chicago Board of Trade have climbed steadily higher over the past two months, although the uptrend could soon run into resistance as the grain nears overbought territory and farmers will be looking to make some sales.
U.S. livestock: Cattle rally continues
Live cattle futures on the Chicago Mercantile Exchange hit fresh contract highs once again on Tuesday, with expectations for declining U.S. inventories behind some of the buying interest.
Klassen: Western Canadian feeder market holds value on Ontario demand
For the week ending January 25, Western Canadian feeder cattle markets traded $$3-$6/cwt on either side of unchanged compared to seven days earlier. Higher quality genetics and lower flesh replacements were slightly firmer; however, feedlot operators incorporated the appropriate discounts on fleshier types and lower efficiency, smaller frame animals.
Klassen: Increased feeder cattle selling caps upside momentum
There was a surge in farmer selling across Western Canada last week. Sales volumes were larger than normal at many auction barns. The fear that President Trump would implement a tariff on feeder cattle ignited fears that that market would drop sharply.
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