Markets
The production potential of Ohio's corn crop is the highest in at least 22 years, scouts on the annual Pro Farmer tour of top U.S. producing states found on Monday, but dry conditions could limit yields by the time the autumn harvest rolls around.
Markets
Dry soils threaten strong Ohio crops; rains boost South Dakota — tour
ICE Canola Midday: Combination of things pushing prices down
Nothing headline-grabbing says analyst
By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures continued lower late Tuesday morning, in what an analyst called the “triple whammy” of lower crude oil prices, declines in vegetable oils and good crop ratings in the United States. There were losses in Chicago soybeans and especially soyoil, while soymeal nudged […] Read more
Global Markets: Inflation eases says StatCan
Fuel prices down, but food, housing up
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Inflation in Canada eased in July to an annualized rate of 1.7 per cent, Statistics Canada reported on Tuesday. The consumer price index dipped 0.2 of a point from June, […] Read more
ICE canola retreats
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were down in early Tuesday trading, getting little support from comparable oils. However, a weaker loonie supported the oilseed. Chicago soyoil and Malaysian palm oil were lower while European rapeseed was mixed. Crude oil also declined due to the possibility of a summit between Ukraine, the United […] Read more
Canadian Dollar and Business Outlook: Canada’s CPI dips in July
Fuel prices fall
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back on Tuesday morning despite Statistics Canada reporting inflation was lower last month. As of 8:42 am CDT, the loonie was at US$0.7227 or US$1=C$1.3836 compared to Monday’s close of US$0.7242 or US$1=C$1.3809. On the United States Dollar Index, the greenback shed 0.037 […] Read more
Klassen: Feeder market consolidates at historical highs
For the week ending August 16, Western Canadian feeder cattle markets were unchanged to $10 higher. Strength was noted in grass yearlings in the 800-950-pound categories.
U.S. livestock: Feeder contracts set fresh highs
Chicago feeder cattle futures set fresh highs on Monday. Lean hog contracts also rose.
Canadian Financial Close: Loonie holds steady
Crude rises with positive view of White House meeting
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Monday following modest increases in the United States dollar and crude oil prices. The loonie finished at US$0.7242 or US$1=C$1.3809, compared to Friday’s close of US$0.7243 or US$1=C$1.3806. The U.S. Dollar Index added 0.258 of a point at 97.970. Benchmark […] Read more
U.S. grains: Soybeans, corn choppy as trade awaits U.S. crop tour results
Chicago soybean and corn futures chopped up and down on Monday as industry players awaited the results of this week's annual Pro Farmer crop tour in the U.S. Midwest, traders said.
North American Grain and Oilseed Review: More losses for canola
U.S. prices down by little to modestly lower
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures stepped back on Monday, due to pressure from China’s tariffs on canola and good crop conditions on the Canadian Prairies. Added to that, Reuters reported China acquired 50,000 tonnes of canola from Australia, marking its first such purchase since 2020. While China […] Read more
Canadian Cattlemen Presents: Depth of Field
