Markets
U.S. soybean futures rebounded on late-session technical buying to end firm on Thursday after concerns about a lack of sales to top importer China had dragged the market to 3-1/2 week lows.
Markets
U.S. grains: Soybeans end firm as late-session technical buying offsets demand pressure
Canadian Financial Close: Loonie, crude oil lower
Glacier FarmMedia – The Canadian dollar eased off on Thursday. The loonie closed at US$0.7231 or US$1=C$1.3829, compared to US$0.7250 or US$1=C$1.3794 on Wednesday. Statistics Canada reported this morning that Canada’s merchandise trade deficit was at C$4.9 billion in July, compared to C$6 billion in June. Canada’s trade surplus with the United States grew by […] Read more
Saskatchewan harvest advances, but behind five-year pace
Lack of rain spurs progress
Saskatchewan farmers advanced their harvest 11 points during the week ended Sept. 1, bringing it to 23 per cent complete. However, that’s still 17 points behind the five-year average despite dry conditions throughout most of the province.
North American Grain and Oilseed Review: Canola finds a positive note
U.S. soy, corn tack on gains as wheat falls back
By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures turned around on Thursday close higher despite a lack of support. There were small upticks in the Chicago soy complex and Malaysian palm oil, while European rapeseed stepped back. Moderate declines in crude oil put pressure on the vegetable oils. An analyst said […] Read more
Feed Grain Weekly: Barley prices stay steady for now
Susanne Leclerc of Market Master Ltd. in Edmonton said feed barley prices have stayed put over the past week.
ICE Canola Midday: Looking to turn positive
Despite absence of support
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were attempting to shed their losses on Thursday morning, despite little support from comparable oils. An analyst said canola has been dropping back this week due to increased yield expectations for this year and China’s tariffs on Canadian canola seed and […] Read more
Global Markets: Trump appeals tariff ruling
Federal court ruled president exceeded his authority
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As expected, the Trump administration put in motion on Wednesday its appeal of many of its tariffs to the United States Supreme Court. Last week, the Federal Court of Appeal […] Read more
ICE canola continues lower Thursday morning
Glacier FarmMedia — ICE canola futures were weaker Thursday morning, seeing a continuation of Wednesday’s selloff to post fresh five-month lows. Seasonal harvest pressure amid a lack of significant weather concerns contributed to the softer tone. Manitoba Agriculture reported 10 per cent of the province’s canola was harvested as of Sept. 3, with average yields […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil step back
Glacier FarmMedia – The Canadian dollar declined on Thursday morning. The loonie was at US$0.7242 or US$1=C$1.3808 as of 8:28 a.m. CDT, compared to Wednesday’s close at US$0.7250 or US$1=C$1.3794. The United States Dollar Index was up 0.13 of a point at 98.27. Data from processing firm ADP published Thursday morning said private payrolls in […] Read more
U.S. livestock: Cattle futures end lower in profit-taking, technical correction
Chicago Mercantile Exchange cattle futures declined for a second straight session on Wednesday in a profit-taking and technical-selling correction from recent highs.
Canadian Cattlemen Presents: Depth of Field
