Markets – Page 9

Poor growing conditions this year in the EU may create a greater opportunity for Canadian producers to sell their commodities overseas. Photo: FIle

Bearish speculative bets rise in canola futures

By Phil Franz-Warkentin December 9, 2024

Speculative fund traders were busy putting on fresh bearish bets in early December, taking the net managed money short position back above 100,000 contracts for the first time in two months, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat

More wheat, less canola in 2024/25 says Statistics Canada

By Glen Hallick - MarketsFarm December 5, 2024

While Statistics Canada reported more wheat was grown in 2024/25, canola production fell back as the agency issued its principal field crops report on Dec. 5.

Cattleman’s Corner, Columns, Markets

Feeder market trades at or near historical highs

The Markets: Larger supplies by numbers and weight will mean more beef supply year over year

By Jerry Klassen December 3, 2024

During the last week of October, Alberta packers were buying fed cattle on a dressed basis in the range of $403-$408 per hundredweight ($242-$245/cwt on a live basis). This was unchanged from a month earlier. Breakeven pen closeouts are in the range of $250-$255/cwt, so margins are in negative territory for the time being. The […] Read more

Workers on a paint assembly line at Deere and Co.'s seeding equipment manufacturing plant at Moline, Illinois in 2016.

Columns, Editor's column

Editor’s Rant: Next order of business

By Dave Bedard December 3, 2024

Given all that’s known so far about the guy, I’m not optimistic. Whether you or I like him or not, though, by this time next month, he’ll again be president of the United States. To anyone suggesting Canadians should just clam up about this development south of the border and mind our own business, I’d […] Read more

“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg

Barley, Canola, Cereals, Crops, News, Spring Wheat, Winter Wheat

Australia’s canola improves but still lower than 2023/24

Bumps up wheat estimate, trims barley outlook

By Glen Hallick - MarketsFarm December 2, 2024

Of Australia's three largest winter crops for 2024/25, canola production was projected to be down from the previous year. Meanwhile, estimates for wheat and barley output were forecast to be higher than a year ago.

General, News

Bitcoin at record highs, sets sights on $100,000

By Dhara Ranasinghe, Reuters, Tom Westbrook November 22, 2024

Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.

Canola, Crops, Markets, News

Canadian agriculture minister visits China

MacAulay in China week of Nov. 11

By Glen Hallick - MarketsFarm November 19, 2024

The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.

File photo of Rabobank’s office building in Utrecht. (Rabobank.com)

Canola, Corn, Markets, News, Soybeans, Spring Wheat, Winter Wheat

Raboresearch delivers fall agricultural outlook

By Adam Peleshaty November 15, 2024

Raboresearch delivered its fall harvest outlook in an online presentation on Nov. 13, 2024. Analysts showed their insights for the 2025-26 marketing year, including those for Canadian farmers.

Photo: JJ Gouin/iStock/Getty Images Plus

Corn, Markets, Soybeans, Spring Wheat, Winter Wheat

CBOT Weekly: U.S. election drags down soybeans

By Adam Peleshaty November 13, 2024

Results from the United States election pulled down soybean prices at the Chicago Board of Trade during the week ended Nov. 13, 2024.

Columns

What will a Middle East war do to your costs and prices?

Bonds and Risk: Expect fuel costs to be up, interest costs down

By Andrew Allentuck November 13, 2024

Farmers are caught in a developing cost squeeze. Global oil costs are threatening to balloon from about US$80 today to over US$100 per barrel, which would be a 25 per cent leap. On the other hand, interest rates in the U.S. and Canada are scheduled to decline by as much as 1.5 per cent by […] Read more

Klassen: Western Canadian calf markets surge on New World screwworm fears

Canada’s annual inflation rate in June up slightly to 1.9 per cent

U.S. grains: Corn rebounds from contract lows on short covering, bargain buying

GFM Network News