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Livestock, Markets

Klassen: Feeder market makes another leg higher

By Jerry Klassen August 26, 2025

For the week ending August 23, Western Canadian feeder cattle markets traded $5 to $10 higher on average compared to seven days earlier. In some locations such as Lethbridge, larger packages of quality yearlings traded $10 to as much as $20/cwt higher.

Currency Markets

Canadian Dollar and Business Outlook: Loonie, crude oil retreat

By GFM Network News August 26, 2025

Glacier FarmMedia – The Canadian dollar eased off on Tuesday morning due to declines in crude oil. The loonie was at US$0.7220 or US$1=C$1.3850 as of 8:33 a.m. CDT, compared to Monday’s close at US$0.7228 or US$1=C$1.3835. The United States Dollar Index was down 0.18 of a point at 98.25. Crude oil prices were lower on […] Read more

ICE Canada Morning Comment: Canola slips lower

Canadian oilseed forfeits overnight gains

By GFM Network News August 26, 2025

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange saw overnight gains fade into small losses on Tuesday morning, pulled down by weaker vegetable oils. There were losses in Chicago soyoil, Malaysian palm oil and European rapeseed, as declines in crude oil weighed on the veg oils. Canola garnered some […] Read more

Photo: Clinton Austin/Getty Images Plus

Livestock, Markets

U.S. livestock: Cattle futures slide on human screwworm case report

Lean hog futures rise

By Geralyn Wichers August 25, 2025

Chicago cattle futures fell on Monday after the USDA reported a human case of New World screwworm in the U.S.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, Reuters

U.S. grains: Soybeans fall as hopes for Chinese demand wane; corn, wheat firm

By Heather Schlitz, Reuters August 25, 2025

Chicago soybeans fell on Monday after hitting two-month highs on Friday, as industry players lost confidence that Chinese buyers would purchase U.S. soybeans, while dealers assessed exemptions granted to U.S. crude oil refiners for use of soy-based biofuels.

Currency Markets

Canadian Financial Close: Loonie, crude oil rise higher

By GFM Network News August 25, 2025

Glacier FarmMedia – The Canadian dollar maintained its positive momentum on Monday, aided by gains in crude oil and despite a strong gain in the United States dollar. The loonie closed at US$0.7228 or US$1=C$1.3835 on Monday, compared to US$0.7218 or US$1=C$1.3854 on Friday. The U.S. Dollar Index added 0.70 of a point at 98.42. Crude […] Read more

North American Grain/Oilseed Review: Canola loses momentum, grains up-and-down

By GFM Network News August 25, 2025

Glacier FarmMedia — Canola futures on the Intercontinental Exchange could not hang onto gains from this morning and ended the session lower on Monday. An analyst said the early increases were due to tight old crop carryout. However, dry conditions for the Prairies will allow for harvest progress, while the widening November/January spread was also […] Read more

ICE Midday: Canola, crude oil move higher

By GFM Network News August 25, 2025

Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher on Monday, deriving strength from crude oil, while the November canola contract hovered near its 20-day moving average. Crude oil made gains after Ukraine attacked Russian energy infrastructure on Monday morning. Chicago soyoil and Malaysian palm oil were lower, but European rapeseed was higher. […] Read more

Global Markets: Ukraine attacks Russian power plants

By GFM Network News August 25, 2025

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – After Ukraine celebrated its Independence Day on Sunday, Russia accused the country of drone attacks at a nuclear power plant overnight in the western Kursk region. Russian officials said several power and energy facilities were targeted in […] Read more

Currency Markets

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

By GFM Network News August 25, 2025

Glacier FarmMedia — The Canadian dollar stepped up on Monday morning, getting support from increases in crude oil. The loonie was at US$0.7227 or US$1=C$1.3837 as of 8:30 a.m. CDT, compared to Friday’s close at US$0.7218 or US$1=C$1.3854. The United States Dollar Index added 0.18 of a point at 97.90. Crude oil prices were higher on […] Read more