Reading Time: 2 minutes U.S. soybean futures climbed to a 15-month high and posted their biggest monthly gain in nearly five years on Friday following a rally fueled by the prospect of revived exports to China.
U.S. grains: Soy futures post biggest monthly gain in nearly five years on China trade optimism
North American Grain and Oilseed Review: Canola takes a hit
A Halloween hike in Chicago
Reading Time: 2 minutes A Halloween hike in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Canola futures on the Intercontinental Exchange turned weaker on Friday, following losses in other vegetable oils to the downside. There were sharp declines in Chicago soyoil along with more moderate losses in MATIF rapeseed and Malaysian palm oil. Gains in Chicago soybeans […] Read more
Canadian wheat exports at record pace; canola lagging
Reading Time: < 1 minute Canadian wheat exports are running at a record pace through the first 12 weeks of the 2025/26 (Aug/Jul) marketing year, according to the latest weekly grain handling statistics from the Canadian Grain Commission (CGC). Meanwhile, canola exports are behind on the year and well off the average.
ICE Canola Midday: Falling back
Reading Time: 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were weaker on Friday morning, as the other vegetable oils fell to the downside. Sharp losses in Chicago soyoil led the pull back, followed by more modest declines in MATIF rapeseed and Malaysian palm oil. Chicago soybeans were lower as well, but soymeal […] Read more
Global Markets: Carney, Xi reach ‘turning point’
Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Mark Carney met with Chinese President Xi Jinping on Friday, as the two discussed a number of trade issues, including agriculture, at the APEC summit in South Korea. Carney said […] Read more
Canadian Dollar and Business Outlook: Loonie down as economy shrinks
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar retreated on Friday morning after the release of economic news from Statistics Canada. The loonie was at US$0.7127 or US$1=C$1.4031 as of 8:38 a.m. CDT, compared to Thursday’s close at US$0.7149 or US$1=C$1.3987. StatCan reported the Canadian economy contracted by 0.3 per cent in August, compared to […] Read more
ICE canola down with profit-taking Friday morning
Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures are weaker Friday morning, as speculative profit-taking came forward after the market hit six-week highs on Thursday. A softer tone in the Chicago soy complex accounted for some spillover selling. European rapeseed and Malaysian palm oil were also lower.Canadian Prime Minister Mark Carney met with Chinese President Xi Jinping […] Read more
U.S. grains: Soy futures set 15-month high after China agrees to purchases
Reading Time: 2 minutes U.S. soybean futures reached a 15-month high on Thursday after President Donald Trump’s administration said top-importer China agreed to buy tens of millions of tons of American crops in the next few years as part of a trade truce.
U.S. livestock: CME cattle futures take a pause after recent slides
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures took a breather on Thursday after falling hard recently on concerns over President Donald Trump’s push to lower U.S. beef prices, traders said. Ranchers continued to oppose Trump’s plan to boost the country’s imports of Argentine beef to reduce U.S. prices and […] Read more
Canadian Financial Close: Loonie tumbles, China, U.S. reach new deal
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar fell on Thursday as the United States and China reached a new trade deal and the U.S. greenback strengthened. The loonie dropped to US$0.7149 or US$1=C$1.3987, compared to US$0.7186 or US$1=C$1.3916 on Wednesday. On Wednesday, the Bank of Canada cut its key interest rates by 25 basis points […] Read more
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