Markets
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures finished lower in choppy trading on Friday, unable to shrug off pressure from the latest United States tariff threats. On Thursday, U.S. President Donald Trump said he will impose a 35 per cent levy come Aug. 1 on top of current tariffs […] Read more
North American Grain and Oilseed Review: Canola can’t shake Trump tariff threat
U.S. markets see losses across the board
BASF cuts 2025 outlook as tariffs weigh on global economy
Reading Time: < 1 minute Germany's BASF said on Friday that it was lowering its full-year outlook, citing weaker-than-expected global economic growth and reduced demand for its chemicals due to U.S. tariffs.
USDA adjusts supply/demand estimates
Corn/soybean yields unchanged
Reading Time: 2 minutes Corn and soybean yields in the United States were left unchanged in the latest supply/demand estimates from the U.S. Department of Agriculture, released July 11, although a reduction in harvested area led to small downward revisions to production for the crops.
USDA cuts US corn stocks outlook after raising exports to record high
Reading Time: < 1 minute The U.S. Department of Agriculture lowered its U.S. corn supply forecast in a monthly supply-and-demand report on Friday and raised its outlook for U.S. exports of the grain this season to a record high following a strong pace of overseas shipments.
Prairie Wheat Weekly: U.S. futures pressure Canadian prices
Weather varied across Prairies
Reading Time: 2 minutes Pressure on U.S. futures and variable weather conditions on the Prairies brought Western Canadian wheat bids down during the week ended July 10, 2025.
ICE Canola Midday: Shrugging off Trump tariff threats
Canadian oilseed turning around after earlier losses
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were recovering late Friday morning from losses generated by tariff threats from United States President Donald Trump on Thursday. As Canada-U.S. trade talks progress towards the deadline of July 21, the president said he would slap an additional 35 per cent levy […] Read more
Global Markets: Trump threatens Canada with tariff hike
Exemptions for U.S. imports covered by CUSMA, as well as energy, fertilizer
Reading Time: 2 minutes By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada is now facing a 35 per cent tariff on its exports to the United States, effective Aug. 1. President Donald Trump made the announcement on Thursday, with the additional […] Read more
ICE canola drops amid trade threats
Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were at fresh one-month lows Friday morning, as the market reacted to the latest tariff threats from the United States. U.S. President Donald Trump said in a letter late Thursday that tariffs on Canadian imports would climb to 35 per cent on Aug. 1, from the current level of […] Read more
Canadian Dollar and Business Outlook: Trump threatens Canada with 35 per cent tariff
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Mixed economic news did little to move the Canadian dollar in any direction on Friday morning. The loonie was at US$0.7306 or US$1=C$1.3687 as of 8:19 a.m. CDT, compared to Thursday’s close at US$0.7308 or US$1=C$1.3683. United States President Donald Trump said on Thursday that he plans to impose a blanket […] Read more
U.S. grains: Wheat futures rise on supply snags in top-exporter Russia
Reading Time: 2 minutes U.S. wheat futures closed higher on Thursday on concerns over the limited availability of supplies for export in Russia, analysts said.
A message from April Stewart, Country Guide's Associate Editor
