Markets
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures rallied on Friday as two new screwworm cases were announced in Mexico in two days, keeping the focus on tight cattle supplies. CME February live cattle LCG26 settled 4.400 cents higher at 236.000 cents per pound, having hit the highest peak since October 24, and March […] Read more
U.S. livestock: Cattle futures surge as second screwworm case announced
U.S. grains: Chicago soybeans fall on competition with Brazilian exports
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures ticked down on light post-holiday trading volume on Friday, as competitively priced Brazilian beans and favorable South American weather pressured the commodity, analysts said. Wheat and corn futures also edged down, but corn received some support from the brisk pace of U.S. exports. The most-active soybean contract on […] Read more
Canadian Financial Close: Loonie, oil slightly lower
Reading Time: < 1 minute The Canadian dollar moved away from the 73 United States cent mark to start 2026. The loonie declined to US$0.7280 or US$1=C$1.3727, compared to US$0.7296 or US$1=C$1.3706 on Wednesday. The Bank of Canada did not publish an exchange rate on Thursday due to New Year’s Day. The United States Dollar Index was up […] Read more
ICE review: Canola corrects higher Friday
Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market started the New Year under pressure but managed to uncover support to settle with small gains during the first trading session of 2026. The March contract fell below C$600 per tonne in early activity, initially encouraging additional speculative selling pressure. However, gains in Chicago soyoil provided spillover […] Read more
ICE canola weaker to start 2026
Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Friday, as falling below nearby technical support to start the New Year. The March contract fell below C$600 per tonne, which was bearish from a chart standpoint and encouraged additional speculative selling. Chicago soybeans, European rapeseed and Malaysian palm oil futures were all weaker, […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer Friday morning, with losses in crude oil to start the New Year weighing on the energy-linked currency. At 8:59 a.m. CST the Canadian dollar was trading at US$0.7277 or US$1=C$1.3742 which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. There was no closing price on […] Read more
ICE canola begins 2026 in the red
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange entered the New Year in negative territory, as the March contract fell below C$600 per tonne amidst light trading. Chicago soyoil was steady, while European rapeseed and Malaysian palm oil were down. Crude oil also saw declines as oversupply concerns outweighed geopolitical tensions. Brent crude oil […] Read more
Global Markets: Trump, Iran exchange threats
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Widening protests across Iran following the collapse of the country’s currency have left at least seven people dead. United States President Donald Trump and top Iranian officials exchanged threats over social media on Friday, with Trump claiming the […] Read more
U.S. livestock: CME cattle futures rise on expectations of tight supplies
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures climbed on Wednesday as market players anticipated tighter cattle supplies in the first quarter of the new year, and there was some technical buying, according to analysts. CME February live cattle LCG26 settled 1.125 cents higher at 231.600 cents per pound, and March feeder cattle FCH26 […] Read more
U.S. grains: Chicago soybeans fall, but achieve first annual gain in three years
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures dropped on Wednesday but logged their first annual gain in three years, supported by China’s return to the U.S. market following a late-October trade truce, although ample global supplies capped the advance. Wheat and corn futures had annual declines, pressured by abundant supplies. The most-active soybean contract on […] Read more
A message from April Stewart, Country Guide's Associate Editor
