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Futures

U.S. Grain/Oilseed Review: Another round of increases

Only Chicago wheat eases back

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Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were higher on Tuesday, as the conflict between the United States and Iran continued to drive up crude oil prices and cause market volatility. In Monday’s fats and oils report from the U.S. Department of Agriculture, January soyoil stocks of 2.43 billion pounds expanded by nearly 34 […] Read more
Futures

ICE Closing Review: More sharp gains for canola

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed stronger for a second day on Tuesday, propelled higher by the upswing in crude oil. Air strikes against oil facilities in the Middle East and the de facto closure of the Strait of Hormuz pushed crude up sharply for another session. That generated increases […] Read more
Futures

ICE Canola Midday: Middle East war driving prices higher

That includes fertilizer, natural gas

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to advance late Tuesday morning, as the trading of air strikes in the Middle East was in its fourth day. Crude oil prices added more large gains on top of those from Monday. The spillover underpinned the vegetable oils, with increases in […] Read more
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Beef Cattle, Livestock, Markets

Klassen: Strong demand underpins Western Canadian feeder market

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Reading Time: 2 minutes For the week ending February 28, Western Canadian feeder cattle markets were unchanged from seven days earlier. Calves may have traded $5-$10/cwt higher at some locations. Feeding margins have improved over the past week with Southern Alberta pen-closeouts now hovering near breakeven. Ontario feedlot margins are in positive territory by $20-$40/head. At the Ponoka video […] Read more
Global markets

Global Markets: Exchanging attacks continues in Middle East

Canada fielding energy inquiries

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. In the latest military strikes in the Middle East on Tuesday, Iranian drones hit the United States Embassy in Riyadh as well as several U.S. military bases in the Gulf region. Also, U.S. […] Read more
Futures

ICE canola continues higher Tuesday morning

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Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were stronger Tuesday morning, seeing a continuation of Monday’s rally as activity in outside markets remained supportive. Crude oil was sharply higher for the second day in a row, as the conflict in the Middle East intensified and Iran ordered the closure of the Strait of Hormuz. Chicago […] Read more

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