Markets
Reading Time: < 1 minute Chicago cattle futures hit fresh highs on Monday while hogs made small gains.
Markets
U.S. livestock: Cattle hit fresh highs, hogs inch upward
Canadian Financial Close: Loonie up as U.S. dollar weakens
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar closed above the 73 United States cent mark for the first time in a week. The loonie ended Monday at US$0.7303 or US$1=C$1.3693, compared to US$0.7289 or US$1=C$1.3720 on Friday. The U.S. Dollar Index fell 0.64 of a point at 97.84 as markets became wary of President Donald Trump’s […] Read more
U.S. grains: Corn, soybeans fall as rain expected to help U.S. crops
Reading Time: 2 minutes Chicago corn and soybean futures fell on Monday on forecasts for crop-friendly rain in U.S. grain belts this week.
North American Grain/Oilseed Review: Canola, CBOT grains down
Reading Time: 3 minutes Glacier FarmMedia | MarketsFarm — Canola futures on the Intercontinental Exchange started the week lower. Despite easing away from heavier losses earlier in the day, they were still pressured by weaker comparable oils and recent rains on the Prairies. Although Chicago soyoil was stronger, European rapeseed and Malaysian palm oil were down. Crude oil declined […] Read more
Russia’s new-crop grain hits market as top producers report first harvest data
Reading Time: 2 minutes The first grain from Russia's new crop has arrived on the market, traders and analysts said on Monday, as top producing regions reported early harvesting results, with an expected drop in the Rostov region and a good harvest in Stavropol.
ICE Midday: Canola tumbles to start week
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — Canola futures on the Intercontinental Exchange opened the week’s trading with downward momentum, largely due to weaker comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were lower. Crude oil showed slight declines as the trade believes the effects of United States sanctions on Russian oil would be minimal. […] Read more
Canadian Dollar and Business Outlook: Loonie up, gold surges
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar moved above the 73 United States cent mark on Monday morning. The loonie was at US$0.7303 or US$1=C$1.3693 as of 9:40 a.m. CDT, compared to Friday’s close at US$0.7289 or US$1=C$1.3720. Canadian Prime Minister Mark Carney and Canada’s premiers will meet for a three-day summit in Muskoka, Ont. […] Read more
Global Markets: PM, premiers to meet for summit
Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada’s premiers and Indigenous leaders will meet in Muskoka, Ont. to discuss trade, tariffs and other topics in a three-day summit starting on Monday. Prime Minister Mark Carney will join them on Tuesday to provide […] Read more
ICE Canada Morning Comment: Canola lower to start new week
Declines in comparable oils weigh on Canadian oilseed
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures ere pulling back on Monday morning, due to pressure from comparable oils. Declines in Chicago soybeans and oil, along with losses in European rapeseed and Malaysian palm oil weigh on canola values. A slight downturn in crude oil kept the vegetable oils […] Read more
U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally
Reading Time: 2 minutes Chicago Board of Trade soybean futures touched a two-week high on Friday on worries that heat may threaten U.S. crops and expectations that the country's biofuel policy would boost demand for soyoil, analysts said.