Markets
Reading Time: < 1 minute Chicago cattle futures rose on Tuesday, recouping losses from Monday's screwworm scare. Lean hog futures also rose.,.
Markets
U.S. livestock: Cattle regain losses, hogs rise
Canadian Financial Close: Very little movement for loonie
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar remained relatively steady on Tuesday despite another day of losses for crude oil. The loonie closed at US$0.7227 or US$1=C$1.3837 on Tuesday, compared to US$0.7228 or US$1=C$1.3835 on Monday. The United States Dollar Index declined 0.23 of a point at 98.20. Crude oil prices corrected themselves as uncertainty over […] Read more
North American Grain/Oilseed Review: Canola down, soybeans up
Reading Time: 3 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange took a downturn on Tuesday, pressured by weakness in comparable oils. Chicago soyoil lost more than one United States cent per pound while European rapeseed and Malaysian palm oil were also down. Crude oil fell more than US$1 per barrel despite tensions between Russia and Ukraine. […] Read more
ICE Midday: Canola pressured by weaker oils
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were under pressure from weakness in comparable oils. Chicago soyoil lost nearly two United States cents per pound, with more declines in European rapeseed and Malaysian palm oil. Crude oil was also down despite Ukraine’s recent attacks on Russian power plants. An analyst said Chicago soyoil […] Read more
Pulse Weekly: AAFC raise dry pea, lentil production numbers
Ending stocks higher as well
Reading Time: 2 minutes Agriculture and Agri-Food Canada raised its 2025/26 production calls for dry peas and lentils from its July report. AAFC issued its latest monthly report on Aug. 20, and adjusted exports, domestic usage and ending stocks.
Global Markets: Canada, Mercosur to restart trade talks
Reading Time: < 1 minute Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Canada will resume negotiations towards a new free-trade agreement with the South American Mercosur bloc, Canada and Brazil announced on Monday in Brasilia. The bloc, which consists of Brazil, Argentina, Uruguay and Paraguay, is a major exporter […] Read more
Klassen: Feeder market makes another leg higher
Reading Time: 2 minutes 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.
Canadian Dollar and Business Outlook: Loonie, crude oil retreat
Reading Time: < 1 minute 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
Reading Time: < 1 minute 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
U.S. livestock: Cattle futures slide on human screwworm case report
Lean hog futures rise
Reading Time: < 1 minute Chicago cattle futures fell on Monday after the USDA reported a human case of New World screwworm in the U.S.