Markets
Reading Time: 2 minutes Corn production in Mexico is to improve to 25 million tonnes in 2025/26, while the country’s wheat crop is to recede a little, said the United States Department of Agriculture attaché in Mexico City.
Markets
More corn, less wheat to be grown in Mexico says USDA attaché
ICE canola holding onto small gains at midday Tuesday
Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was stronger at midday Tuesday, uncovering chart support after hitting its lowest levels in nearly six months in overnight trade. The November contract touched a session low of C$606.10 per tonne, marking the weakest level for the front-month contract since the end of March. The Chicago soy […] Read more
Klassen: Feeder market slips off record highs
Reading Time: 2 minutes For the week ending September 20, Western Canadian feeder markets traded steady to $5/cwt lower compared to seven days earlier. There were pockets where quality calf packages traded $10-$15/cwt below prices from the prior week. The October feeder cattle futures have been trading at $15/cwt premium to the deferred March 2026 contract. This inverse in […] Read more
ICE canola shows little change
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were relatively steady on Tuesday compared to their recent slump. Chicago soyoil and Malaysian palm oil were lower, while European rapeseed was mixed. However, crude oil was higher after Iraq delayed increasing its oil exports. The Prairies continue to be above normal with high temperatures in […] Read more
Global Markets: Trump to speak at UN
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. • World leaders continue to meet in New York for the annual United Nations General Assembly. On the agenda Tuesday is a speech from United States President Donald Trump. • Super Typhoon Ragasa was bearing down on Hong […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Tuesday morning, despite increases in crude oil prices. As of 8:36 am CDT, the loonie was at US$0.7234 or US$1=C$1.3824 compared to Monday’s close of US$0.7238 or US$1=C$1.3816. On the U.S. Dollar Index, the greenback shed 0.045 of a point […] Read more
U.S. livestock: Cattle futures higher on screwworm news
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher on Monday after news that New World screwworm, a flesh-eating parasite, was detected 70 miles from the U.S.-Mexico border, analysts said. Analysts believed the news would mean the U.S.-Mexico border will be closed to feeder cattle imports for the foreseeable future. “It’s bullish […] Read more
U.S. grains: Soybeans drop on lack of Chinese demand, wheat hits contract lows
Reading Time: < 1 minute Chicago | Reuters – soybeans fell to a six-week low on Monday, as a phone call last week between U.S. President Donald Trump and Chinese President Xi Jinping provided no signs of progress on negotiations over agricultural exports, analysts said. Wheat fell on expectations of plentiful global supplies. Corn also dipped as dealers awaited the […] Read more
Canadian Financial Close: Loonie weakens
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Monday, due to a lack of support from crude oil and despite the United States dollar also giving up ground. The loonie closed Monday at US$0.7238 or US$1=C$1.3816 compared to Friday’s close of US$0.7253 or US$1=C$1.3788. The U.S. Dollar Index […] Read more
North American grain/oilseed review: Canola falls with soy complex
Reading Time: 2 minutes Glacier FarmMedia — ICE canola futures were weaker on Monday, as a selloff in the Chicago soy complex spilled over to weigh on prices. Seasonal harvest pressure and a lack of significant export demand contributed to the declines. Canadian canola exports through the first six weeks of the 2025/26 marketing year of 575,000 tonnes compare […] Read more