Markets
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.
Markets
USDA notes shifts in Mexican corn
Production up, imports dip
North American grain/oilseed review: Ceasefire weighs on canola futures
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
ICE canola continues lower Tuesday
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
Canada’s annual inflation unchanged at 1.7 per cent in May, core measures slightly ease
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.
Klassen: Feeder market rally stalls on softer fed cattle market
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: Iran/Israel ceasefire shaky
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
ICE canola’s downturn continues
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures were lower on Tuesday, following comparable oils to the downside. Chicago soyoil, European rapeseed and Malaysian palm oil were lower to start the day. Crude oil was down by more than US$3 Tuesday morning, after losing US$5 per barrel on Monday. The Canadian dollar was up nearly one-quarter of a U.S. cent […] Read more
Canadian Dollar and Business Outlook: Loonie finding strength
StatCan issues inflation report
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar turned around to push higher on Tuesday morning due to weakness in its United States counterpart and a good economic news. Declines in crude oil tempered the upside. As of 8:37 am CDT, the loonie was at US$0.7294 or US$1=C$1.3709 compared to Monday’s close of […] Read more
U.S. livestock: Live cattle slip; feeders, hogs make small gains
Reading Time: < 1 minute Chicago live cattle futures slipped on Monday while feeder and lean hog contracts eked out gains.
U.S. grains: Soybeans slump on ‘greenhouse’ weather in US
Reading Time: 2 minutes Chicago soybean futures eased on Monday as favorable U.S. crop weather took the focus away from U.S. strikes on Iran conducted over the weekend.