Agriculture Market Updates & Outlook

ICE Canada Morning Comment: Trying to erase overnight losses

By GFM Network News February 5, 2026

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Thursday morning in an attempt to shed overnight losses. Gains in Chicago soybeans and soymeal offered support, but there were losses in Chicago soyoil and MATIF rapeseed while Malaysian palm oil held relatively steady. Crude oil was weaker, putting […] Read more

China resumed U.S. soybean purchases after the two countries’ leaders met in late October, with the White House saying China had also agreed to buy at least 25 million metric tons annually over the next three years, starting in 2026. Photo: Getty Images Plus

Markets, News

CBOT Weekly: Additional soybean purchases strengthen U.S. soy

By Glen Hallick - MarketsFarm February 4, 2026

Reading Time: 2 minutes There were good gains for the Chicago soy complex during the week ended Feb. 4, due to positive news that Wednesday.

Markets, News, Reuters

Trump, Xi discuss Taiwan and soybeans in call aimed at easing China, U.S. relations

By Reuters, Trevor Hunnicutt, Xiuhao Chen February 4, 2026

Reading Time: 2 minutes China is considering buying more U.S.-farmed soybeans, President Donald Trump said after what he called “very positive” talks with President Xi Jinping on Wednesday, even as Beijing warned Washington about arms sales to Taiwan.

Canola, Markets

ICE weekly: China, soy complex lift canola prices

By Adam Peleshaty February 4, 2026

Reading Time: 2 minutes China’s upcoming lifting of tariffs and rising soyoil prices lifted Canadian canola values for the week ended Feb. 4, 2026.

Markets, Reuters

U.S. grains: Chicago soybeans jump to two-month high on Trump comments

By Heather Schlitz, Reuters February 4, 2026

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade soybean futures hit a two-month high on Wednesday following comments by U.S. President Donald Trump about China buying more U.S. soybeans, traders said. In a post on his Truth Social platform, Trump said China is “lifting the Soybean count to 20 Million Tons for the current season […] Read more

Markets, Reuters

U.S. livestock: Cattle futures continue rally on bullish fundamentals

By Heather Schlitz, Reuters February 4, 2026

Reading Time: < 1 minute Chicago | Reuters – CME live and feeder cattle futures rose for the third day in a row on Wednesday, on continued support from a tight cattle supply and the ongoing closure of the southern border to Mexican cattle imports, traders said. CME April live cattle LCJ26 finished 0.175 cent higher at 241.80 cents per […] Read more

Currency Markets

Canadian financial close: C$ softens Wednesday

By GFM Network News February 4, 2026

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer on Wednesday, amid broad strength for the United States currency internationally. The Canadian dollar settled at US$0.7316 or US$1=C$1.3668, which compares with Tuesday’s close of US$0.7325 or US$1=C$1.3652. Canada’s services economy contracted in January, according to updated purchasing managers index (PMI) data from S&P Global. The headline […] Read more

Futures

North American Grain/Oilseed Review: Canola rises, soybeans surge after Trump announcement

By GFM Network News February 4, 2026

Reading Time: 2 minutes Glacier FarmMedia — Canola futures on the Intercontinental Exchange closed Wednesday on a high note, with the March contract surpassing the C$650 per tonne level. An analyst said March canola’s next target is C$670/tonne, just above its 200-day moving average. Chicago soyoil was higher with support from two fronts. The United States Treasury Department […] Read more

Futures

ICE Midday: Canola rises on soy complex support

By GFM Network News February 4, 2026

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were boosted by vegetable oils in the middle of Wednesday trading, which allowed the March contract to surpass the C$650 per tonne level. Chicago soyoil continued its rally, which was aided by United States President Donald Trump’s announcement that China has agreed to purchased 20 million […] Read more

Markets, Spring Wheat

Prairie CWRS wheat bids mixed to start February

By Phil Franz-Warkentin February 4, 2026

Reading Time: < 1 minute Canada Western Red Spring wheat bids held relatively steady during the week ended Feb. 3, with small price declines in some areas and increases in others.

Daily Network News

Canadian Cattle Association won’t back traceability changes

Farmers’ Almanac rescued from closure; fate of Canadian content unknown

Do More Ag to fund rural groups’ mental health workshops

Markets

ICE Canada Morning Comment: Trying to erase overnight losses

CBOT Weekly: Additional soybean purchases strengthen U.S. soy

Trump, Xi discuss Taiwan and soybeans in call aimed at easing China, U.S. relations

ICE weekly: China, soy complex lift canola prices

U.S. grains: Chicago soybeans jump to two-month high on Trump comments

U.S. livestock: Cattle futures continue rally on bullish fundamentals

Canadian financial close: C$ softens Wednesday

North American Grain/Oilseed Review: Canola rises, soybeans surge after Trump announcement

ICE Midday: Canola rises on soy complex support

Prairie CWRS wheat bids mixed to start February

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for March 27, 2026

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