Markets
Chicago Board of Trade corn futures firmed on Friday on support from strong international demand, concerns over disease in the U.S. Midwest and technical support, analysts said.
Markets
U.S. grains: Corn rises on strong demand, disease concerns
ICE Midday: Canola still in free fall
Glacier FarmMedia – Canola futures on the Intercontinental Exchange took another sharp drop on Friday as Thursday’s report from Statistics Canada and weaker vegetable oils weighed on prices. StatCan projected the 2025-26 canola crop at 19.94 million tonnes, compared to 19.24 million last year and the five-year average of 18.25 million. An analyst believes there will […] Read more
China boosts soybean buys from Argentina, Uruguay amid U.S. trade war, sources say
China has yet to book US soybean imports for fourth quarter
China's soybean importers are boosting purchases from Argentina and Uruguay over the next year to fill the supply gap left by the absence of U.S. shipments as the trade war drags on.
Global Markets: Canada’s economy shrinks
The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported that the country’s economy contracted by 1.6 per cent on an annual basis in the second quarter, compared to two per cent growth in the first. Economists had expected the economy to shrink by 0.6 per cent […] Read more
Prairie Wheat Weekly: Prices mostly lower
StatCan projects less wheat in 2025/26
Cash prices for spring wheat and durum across the Canadian Prairies incurred losses almost across the board during the week ended Aug. 28.
Canadian Dollar and Business Outlook: Economy shrinks in Q2
Glacier FarmMedia – The Canadian dollar turned lower on Friday morning, taking hits from gains in the United States dollar and losses in crude oil. The loonie was at US$0.7259 or US$1=C$1.3776 as of 8:29 a.m. CDT, compared to Thursday’s close at US$0.7270 or US$1=C$1.3756. Statistics Canada reported today that the country’s economy shrank by […] Read more
ICE Canada Morning Comment: Canola still retreating
Comparable oils, StatCan report weigh on oilseed's prices
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange continued to pull back on Friday morning, getting pressure from losses in comparable oils and yesterday’s Statistics Canada report. The Chicago soy complex, European rapeseed and Malaysian palm oil were to the downside, with declines in crude oil weighing on vegetable […] Read more
U.S. grains: Soybeans pressured by lack of Chinese demand; corn rises on export sales
Chicago soybean futures came under pressure on Thursday on a lack of Chinese demand for the U.S. oilseed while corn futures ticked higher on strong export sales data, analysts said.
U.S. livestock: Cattle futures sink on technical selling
Chicago Mercantile Exchange cattle futures fell on Thursday on technical selling after live and feeder cattle futures hit contract highs in the previous day.
Canadian Financial Close: Loonie jumps, crude oil up
Glacier FarmMedia – The Canadian dollar had its highest closing price in nearly three weeks on Thursday. The loonie closed at US$0.7270 or US$1=C$1.3756 on Thursday, compared to US$0.7235 or US$1=C$1.3821 on Wednesday. Statistics Canada reported today a 12,100 increase in job vacancies in June at 492,000, with much of the increase in the construction […] Read more
Canadian Cattlemen Presents: Depth of Field
