Agriculture Market Updates & Outlook

ICE canola still in the red

By GFM Network News June 25, 2025

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange remain in negative territory Wednesday morning, following weakness in vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil are in the red. Crude oil is making its way higher as the Israel-Iran ceasefire remains in place. The Canadian dollar is down more than […] Read more

Markets, Reuters

U.S. grains: Chicago wheat falls on harvest pressure; corn hits contract lows

By Heather Schlitz, Reuters June 24, 2025

Reading Time: 2 minutes Chicago wheat futures sank on Tuesday on pressure from the ongoing harvest in the U.S. Plains and Black Sea as well as a lack of weather threats, analysts said.

Markets, Reuters

U.S. livestock: Lean hogs tick down on technical selling, cattle mixed

By Karl Plume, Reuters June 24, 2025

Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures edged lower on Tuesday on technical selling after setting contract highs in the previous session as traders weighed whether a seasonal peak in cash hog prices has petered out, analysts said.

Currency Markets

Canadian Financial Close: Loonie closes short of 73 U.S. cents

StatCan provides relatively good news on inflation

By GFM Network News June 24, 2025

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was stronger on Tuesday, but unable to remain above 73 U.S. cents. While the United States dollar turned weaker, as did crude oil prices. The loonie finished at US$0.7293 or US$1=C$1.3712, compared to Monday’s close of US$0.7270 or US$1=C$1.3755. The U.S. Dollar Index […] Read more

File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)

Corn, Markets, News

USDA notes shifts in Mexican corn

Production up, imports dip

By Glen Hallick - MarketsFarm June 24, 2025

Reading Time: < 1 minute Corn production in Mexico is projected to increase 6.5 per cent in 2025/26, the United States Department of Agriculture attaché in Mexico City reported. Meanwhile, the country’s imports are expected to dip 1.4 per cent.

Futures

North American grain/oilseed review: Ceasefire weighs on canola futures

By GFM Network News June 24, 2025

Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Tuesday as a tentative ceasefire between Israel and Iran, and the resulting losses in crude oil, weighed on agricultural markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all down on the day. Chart-based selling contributed to the […] Read more

Futures

ICE canola continues lower Tuesday

By GFM Network News June 24, 2025

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was weaker at midday Tuesday, seeing a continuation of Monday’s selloff as a tentative ceasefire between Israel and Iran, and the resulting losses in crude oil weighed on agricultural markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all down on the day, […] Read more

Markets, News

Canada’s annual inflation unchanged at 1.7 per cent in May, core measures slightly ease

By Promit Mukherjee, Reuters June 24, 2025

Reading Time: 2 minutes Canada’s annual inflation rate in May was unchanged from the previous month at 1.7 per cent as a drop in gasoline costs continued to keep the overall index stable. Prices of shelter, food and transportation also cooled.

Livestock, Markets

Klassen: Feeder market rally stalls on softer fed cattle market

By Jerry Klassen June 24, 2025

Reading Time: 2 minutes For the week ending June 21, Western Canadian feeder cattle prices were unchanged to $10 lower on average compared to seven days earlier. However, prices for August and September delivery were unchanged from the previous week.

Global markets

Global Markets: Iran/Israel ceasefire shaky

By GFM Network News June 24, 2025

Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. A ceasefire agreement between Iran and Israel, announced by United States President Donald Trump overnight, was quickly breached with both sides allegedly launching attacks after the agreement was to have come into effect. Iran rejected allegations that it […] Read more

Daily Network News

Southern California honeybees show resistance to varroa mites

Pulse Weekly: SaskPulse optimistic despite input, crop price concerns

Canadian aquaculture should be classed as agriculture, industry groups say

Markets

ICE canola still in the red

U.S. grains: Chicago wheat falls on harvest pressure; corn hits contract lows

U.S. livestock: Lean hogs tick down on technical selling, cattle mixed

Canadian Financial Close: Loonie closes short of 73 U.S. cents

USDA notes shifts in Mexican corn

North American grain/oilseed review: Ceasefire weighs on canola futures

ICE canola continues lower Tuesday

Canada’s annual inflation unchanged at 1.7 per cent in May, core measures slightly ease

Klassen: Feeder market rally stalls on softer fed cattle market

Global Markets: Iran/Israel ceasefire shaky

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