Reading Time: 2 minutes Tom Lilja, an analyst from Progressive Ag in Fargo, N.D., expects corn and soybeans yields to be trimmed ahead of the U.S. Department of Agriculture’s monthly supply/demand estimates release on Jan. 12, 2026.
CBOT Weekly: USDA reports could support prices
ICE canola weekly outlook: Futures trending higher to start year
Reading Time: < 1 minute Canola futures were trending higher to start the New Year, with the nearby technical signals showing more room to the upside. However, continued strength will require additional outside support.
North American grain/oilseed review: Canola at three-week highs
Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market settled at its highest levels in three weeks on Wednesday. Trade is expected to be a major topic when Canadian Prime Minister Mark Carney visits China next week, Jan. 13-17. Chinese tariffs have limited Canadian canola exports during the current marketing year, and optimism over possible […] Read more
Prairie Wheat Weekly: CWRS slips, as CPSR, durum rise
Reading Time: 2 minutes Spring wheat cash prices were mixed while those for durum were a little higher across the Canadian Prairies for the two-week period ended Jan. 6.
ICE canola rising at midday Wednesday
Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were higher at midday Wednesday, continuing the uptrend of the past week. Canadian Prime Minister Mark Carney will visit China Jan. 13-17, his office said Wednesday. Trade is expected to be a major topic of discussion. Stiff Chinese tariffs have limited Canadian canola exports during the current marketing […] Read more
Brazil surpassing U.S. as top beef producer, easing global supply squeeze
Reading Time: 4 minutes Brazil surpassed the U.S. as the world’s top beef producer last year, according to market estimates, after the South American country beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze and helping limit a surge in meat prices.
Global Markets: U.S. forces board Venezuela-linked oil vessel
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. United States forces have boarded a Venezuela-linked, Russian-flagged oil tanker in the North Atlantic after pursuing it for weeks, reported the Associated Press on Wednesday. A U.S. military official said the vessel was pursued after it tried to […] Read more
ICE canola maintains positive momentum
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange extended their respective rallies on Wednesday morning, with the March and May contracts exceeding their 20-day averages. Canadian Prime Minister Mark Carney will visit China next week where agriculture will be one of the topics discussed. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. […] Read more
Canadian Dollar and Business Outlook: Loonie drifts lower
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
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
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