Photo: Greg Berg

U.S. livestock: Chicago cattle and hogs slide back

Reading Time: < 1 minute Chicago Mercantile Exchange cattle and hog futures slipped back on Tuesday. Most-active April live cattle contracts lost 0.775 cents to close at 237.425 cents a pound. June futures settled at 233.800 cents a pound, down 0.525 cents. Most-traded March feeder cattle futures closed at 364.775 cents a pound, down 2.675 cents. April feeders settled at […] Read more

Canadian Financial Close: Loonie higher, crude oil mixed

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar ended Tuesday with its highest close in 11 days.      The loonie closed at US$0.7383 or US$1=C$1.3544, compared to US$0.7366 or US$1=C$1.3576 on Monday.      The United States Dollar Index was relatively steady, down 0.02 of a point at 96.80.      Crude oil prices were mixed as the market […] Read more


North American Grain and Oilseed Review:Canola closes higher

U.S. soy higher, corn steady, wheat mixed

Reading Time: 3 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures finished higher on Tuesday, after trading either side of steady for most of the session. Support for canola came from strong gains in the Chicago soy complex, but losses in MATIF rapeseed and Malaysian palm oil limited the upside. Declines in crude oil weighed on […] Read more



ICE Canola Midday: Looking to shed losses

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were trying to overcome earlier losses on Tuesday morning. Canola has been on the rise since January, with the nearby March contract climbing from about C$600 per tonne to more than C$660. An analyst said Canada and China resolving their trade differences has […] Read more



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Klassen: Calf markets continue to climb

Reading Time: 2 minutes For the week ending February 7, Western Canadian feeder markets traded $10 higher to $10 lower compared to seven days earlier. The cash market was extremely volatile as the sell-off in the feeder cattle futures on Thursday, February 5, installed cautious tone amongst buyers late in the week. Fleshier cattle in smaller packages were discounted […] Read more

Global Markets: Reliability at stake as USDA launches investigation into corn acres

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Trust in the data from the United States Department of Agriculture is in doubt, Reuters said on Tuesday, hours ahead of the USDA’s next monthly supply and demand report. Questions regarding U.S. corn […] Read more


Canadian Dollar and Business Outlook: A bit more strength for loonie

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar continued higher on Tuesday morning, as its United States counterpart slipped lower and crude oil tacked on increases. As of 9:19 am CST, the loonie was at US$0.7388 or US$1=C$1.3537, compared to Monday’s close of US$0.7366 or US$1=C$1.3576. On the U.S. Dollar Index, the […] Read more

ICE canola correcting lower Tuesday morning

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were posting small losses Tuesday morning, taking back some of Monday’s gains. The March contract neared major chart resistance on Monday, with speculative positioning behind some of Tuesday’s selling pressure. Losses in Chicago soyoil and continued strength in the Canadian dollar added to the softer tone. European rapeseed and […] Read more