Markets
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Wednesday morning, getting little direction from the United States dollar and crude oil. As of 8:42 am CST, the loonie was at US$0.7246 or US$1=C$1.3798, compared to Tuesday’s close of US$0.7252 or US$1=C$1.3789 On the U.S. Dollar Index, the greenback shed […] Read more
Canadian Dollar and Business Outlook: Loonie drifts lower
U.S. livestock: Cattle rise, lean hogs mixed
Reading Time: < 1 minute Chicago lean hog futures ended Tuesday mixed while cattle made gains. Most-active February lean hog contracts closed down 0.475 cents at 85.675 cents a pound. April futures gained 0.075 cents to settle at 91.575 cents per pound. The USDA reported pork carcass cutout value at $91.25 per cwt on Tuesday afternoon, down $2.59. Most-traded February […] Read more
U.S. grains: Soybeans retreat from one-week high on China purchases
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade soybean futures ended lower on Tuesday after jumping earlier to a one-week high as top importer China bought more U.S. supplies. Corn and wheat futures also finished weaker, with agricultural markets pulling back from gains during the previous session. Soybean futures turned down after the U.S. Department […] Read more
Canadian Financial Close: Loonie slips
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar gave up about a tenth of a cent on Tuesday but held off the worst of the pressure from a stronger United States dollar and weaker crude oil. The loonie closed at US$0.7252 or US$1=C$1.3789 compared to Monday’s close of US$0.7263 or US$1=C$1.3768. On […] Read more
Pulse Weekly: Lentils, peas facing challenges
Reading Time: < 1 minute Lentils and peas will be among those pulse crops facing challenges not only in January, but also for the rest of the 2025/26 marketing year and possibly beyond that, said Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg.
North American grain/oilseed review: Canola holds onto small gains in most months
Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market was mostly higher at Tuesday’s close, as speculative short covering and end-user bargain hunting provided support. However, a downturn in the Chicago soy complex tempered the upside. March canola settled right at its 20-day moving average, after climbing well above that level in early trade. Fund traders […] Read more
Klassen: Feeder market poised to strengthen
Reading Time: 2 minutes There were no feeder cattle sales in Western Canada for the week ending January 3. However, there were some sales in the U.S. and the Canadian markets will follow suit once activity returns to normal. For example, at the Ozarks Regional Stockyards in West Plains, Missouri, weaned and vaccinated steers and heifers over 750 pounds […] Read more
ICE canola rally continuing Tuesday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 6 (MarketsFarm) — ICE Futures canola contracts were higher at midday Tuesday, seeing follow-through strength after Monday’s rally. March canola moved above its 20-day moving average, encouraging additional speculative buying. Fund traders were holding their largest net short position in canola of the past year at 91,500 contracts […] Read more
China buys more US soybeans, total purchases near 10 million tons
Reading Time: < 1 minute China’s state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world’s top buyer continues purchasing from the United States following a late-October trade truce.
Global Markets: Copper at record highs
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The takeover of Greenland by the United States would amount to the end of the NATO military alliance, said Danish Prime Minister Mette Frederiksen on Monday. U.S. President Donald Trump renewed calls to take over the Danish territory […] Read more
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