Markets
Reading Time: < 1 minute The Canadian dollar rose on Monday just hours before Canada Day. The loonie closed the day at US$0.7330 or US$1=C$1.3643, compared to US$0.7312 or US$1=C$1.3676 on Friday. Canada and the United States restarted trade talks earlier today after the former rescinded its planned digital services tax. U.S. President Donald Trump cited the levy as the […] Read more
Canadian Financial Close: Loonie rises, new record-high for TSX
U.S. livestock: Cattle futures climb, hogs fall
Reading Time: < 1 minute Chicago cattle futures rose to start the week while hogs fell back.
North American Grain/Oilseed Review: Canola jumps, weakness in grains
Reading Time: 3 minutes Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange rose to start the week after the resumption of trade negotiations between Canada and the United States was announced. An analyst said canola also found support after testing the 50-day average last week. Dry weather in some parts of the Prairies and speculation over […] Read more
USDA lowers soybean/corn acreage estimates, wheat up from March
Quarterly stocks data also out
Reading Time: < 1 minute Farmers in the United States planted slightly less soybeans and corn than earlier intentions in 2025, according to updated acreage data from the U.S. Department of Agriculture released June 30.
Klassen: Feeder market eyes deferred delivery prices
Reading Time: 2 minutes For the week ending June 28, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Volumes moving through the ring were limited and the quality was quite variable.
ICE Midday: Canola showing strength
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were surging in the middle of Monday trading due to optimism over the resumption of trade talks with the United States. This was despite a stronger Canadian dollar and weakness in most comparable oils. An analyst said canola found support after moving down to […] Read more
Global Markets: Canada rescinds digital services tax
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced Sunday evening that it will rescind the planned digital services tax in order to resume trade negotiations with the United States. U.S. President Donald Trump cut off talks on Friday because […] Read more
ICE canola correcting higher to start week
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — ICE canola futures were stronger Monday morning, taking back most of Friday’s losses with gains in the Chicago soybeans and soyoil providing support. The November contract briefly tested chart support at its 50-day moving average in overnight trade but was well above that level as the day session got underway. […] Read more
Canadian Dollar and Business Outlook: Loonie steady, crude oil lower
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Monday morning. The loonie was at US$0.7313 or US$1=C$1.3674 as of 8:32 a.m. CDT, compared to Friday’s close at US$0.7312 or US$1=C$1.3676. The United States Dollar Index was down 0.13 of a point at 97.27. Crude oil prices were lower due to easing […] Read more
U.S. livestock: Cattle futures up on higher wholesale prices, buying interest
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures ended higher on Friday under support from stronger wholesale boxed beef prices and buying interest, though concerns over waning consumer demand for beef continued to linger over the market, analysts said.
A message from April Stewart, Country Guide's Associate Editor
