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U.S. livestock: Cattle futures climb as U.S. herd remains small

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange cattle futures turned higher on Friday, as traders anticipated U.S. government reports would show tight cattle supplies. After the market closed, the U.S. Department of Agriculture reported that the nation’s cattle herd was 94.2 million head as of July 1, a record low for that date. In a separate report, USDA […] Read more



Canadian Financial Close: Loonie drops, new record for TSX

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Friday but still ended the week slightly higher than the last. The loonie ended Friday at US$0.7297 or US$1=C$1.3704, compared to US$0.7337 or US$1=C$1.3630 on Thursday. The closing rate on July 18 was US$0.7289 or US$1=C$1.3719. United States President Donald Trump told reporters Friday morning he […] Read more

North American Grain/Oilseed Review: Canola rises, down day for grains

Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Friday despite weakness in most comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly up. Crude oil declined due to the Trump administration allowing Chevron to resume operations in Venezuela. Scattered showers and thunderstorms are […] Read more



ICE Midday: Canola showing independent strength

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were stronger in the middle of Friday trading despite mostly negative sentiment in comparable oils. European rapeseed was mostly higher, while Chicago soyoil and Malaysian palm oil were lower. Crude oil was down on Chevron’s potential resumption of operations in Venezuela. The Canadian Prairies will […] Read more





ICE Canada Morning Comment: Canola on the rise

November canola challenging $700/tonne

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher on Friday morning, despite getting mixed spillover from outside markets. While the Chicago soy complex and Malaysian palm oil were lower, European rapeseed was mostly higher. Crude oil was tacking on small increases, underpinning the vegetable oils. The November canola […] Read more