Markets
Chicago Board of Trade soybean futures touched a two-week high on Friday on worries that heat may threaten U.S. crops and expectations that the country's biofuel policy would boost demand for soyoil, analysts said.
Markets
Cattle Market Summary
Break-evens, cow and calf prices, plus market summaries courtesy of Canfax and Beef Farmers of Ontario. Cost of Production May…
Where is the top of the fed cattle market?
In late April, Alberta packers were buying fed cattle on a dressed basis at $486/cwt delivered, up about $30/cwt from…
As recession risk rises in U.S., beef demand holds up
The likelihood of a tariff-induced recession rises in the U.S. and worsening consumer sentiment jeopardizes what was expected to be…
Must Reads
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Canadian beef genetics worth the miles for international buyers
Isaac Gomez has travelled the world looking for the best in cattle genetics. As a Black Angus breeder and mentor…
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Feeder cattle outside finishing feedlots
The feeder cattle market has been trading near or at historical highs over the past couple of months. The higher…
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Total Canadian cattle, calf numbers shrink again
As the cattle herd shrinks, leverage has shifted from the retailer through the supply chain to the cow-calf sector. Heavier…
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Canadian beef exporters breathe a sigh of relief
I could almost hear the huge sighs of relief coming from Canadian livestock and meat producers on April 2 when…
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Corn and barley feed market outlook
Feedlot operators and feed grain traders are focusing on new crop production. The USDA held their annual Agriculture Outlook Forum…
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Tariffs threaten trade upheavals in North American beef industry
The imposition of 25 per cent tariffs on Canadian and Mexican exports to the U.S., and retaliatory tariffs by the…
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Stories from our other publications
U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally
Canadian Financial Close: C$ firm Friday
Glacier FarmMedia — The Canadian dollar strengthened Friday, as dovish comments out of the United States Federal Reserve weighed on the U.S. currency. The Canadian dollar settled at US$0.7289 or US$1=C$1.3720, which compares with Thursday’s close of US$0.7271 or US$1=C$1.3753. The total value of investment in building construction was down by 2.2 per cent in […] Read more
North American Grain and Oilseed Review: Canola clings to small upticks
Gains for U.S. soybeans, corn, wheat
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed a pinch higher on Friday, after retreating from much larger increases. A dramatic turnaround in Chicago soyoil led to the nearly complete reversal in canola. The August soyoil contract fell by more than one cent per pound from its session highs […] Read more
Prairie wheat bids fall with U.S. futures
Durum mixed
Hard red spring wheat bids in Western Canada dropped with the U.S. futures during the week ended July 17, as the advancing U.S. winter wheat harvest and a lack of major concerns for North American spring wheat weighed on values.
ICE Canola Midday: Prices suddenly turn lower
As gains in soyoil evaporate, canola loses momentum
By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were falling back late Friday morning, after pushing higher by double-digits earlier. An analyst said canola had been climbing thanks to gains in the other oilseeds, particularly the Chicago soy complex. However, Chicago soyoil suddenly lost all of its increases today, with […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was slightly firmer Friday morning, as financial markets reacted to optimistic trade updates, including a deal on dairy with New Zealand and talk that Canada was advancing discussions with South America’s Mercosur group. At 9:39 a.m. CDT the Canadian dollar was trading at US$0.7288 or US$1=C$1.3721 which compares with […] Read more
Global Markets: Chevron secures major win
Exxon challenged Chevron's access to major oil reserve
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Chevron’s US$53 billion takeover of Hess will proceed; the International Chamber of Commerce ruled on Thursday. Exxon Mobil challenged Chevron’s move to gain access to the oil reserves in the […] Read more
ICE canola making modest gains
Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Friday morning as they received support from comparable oils. Chicago soyoil was higher while Malaysian palm oil made sharp gains. However, European rapeseed was mostly lower. Crude oil moved upward after the European Union imposed more sanctions against Russia’s oil industry. Rain […] Read more
Canadian Financial Close: C$ weaker Thursday
Glacier FarmMedia — The Canadian dollar was weaker on Thursday, as its United States counterpart regained lost ground in international trade. The Canadian dollar settled at US$0.7271 or US$1=C$1.3753, which compares with Wednesday’s close of US$0.7293 or US$1=C$1.3712. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled […] Read more
U.S. grains: Soy futures top one-week high, US crop outlook limits gains
Chicago Board of Trade soybean futures hit their highest level in more than a week on Thursday as technical buying helped the market recover from a three-month low reached on Monday, analysts said.
Canadian Cattlemen Presents: Depth of Field
