Markets
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were mixed and showed little movement despite support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were higher to start the day. Crude oil showed some strength due to tightening supply and possible upcoming United States sanctions against Russia. The Canadian […] Read more
ICE canola on both sides of unchanged
Alberta crop conditions improve: report
65 per cent good to excellent provincially
Reading Time: < 1 minute Varied precipitation and warm temperatures were generally beneficial for crop development across Alberta during the week ended July 8, according to the latest provincial crop report released July 11.
Canadian Financial Close: Loonie unchanged, crude oil surges
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was unchanged on Friday but ended the week more than four-tenths of a United States cent lower. The loonie ended the day at US$0.7308 or US$1=C$1.3683. U.S. President Donald Trump threatened 35 per cent tariffs on Canadian imports, excluding those from the energy sector and those already covered by […] Read more
U.S. grains: Corn sets contract lows on expectations for big US crop
Reading Time: 2 minutes Chicago Board of Trade corn futures set contract lows and soybean futures sagged on Friday on expectations that beneficial weather for U.S. crops will lead to bumper harvests, analysts said.
North American Grain and Oilseed Review: Canola can’t shake Trump tariff threat
U.S. markets see losses across the board
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures finished lower in choppy trading on Friday, unable to shrug off pressure from the latest United States tariff threats. On Thursday, U.S. President Donald Trump said he will impose a 35 per cent levy come Aug. 1 on top of current tariffs […] Read more
BASF cuts 2025 outlook as tariffs weigh on global economy
Reading Time: < 1 minute Germany's BASF said on Friday that it was lowering its full-year outlook, citing weaker-than-expected global economic growth and reduced demand for its chemicals due to U.S. tariffs.
USDA adjusts supply/demand estimates
Corn/soybean yields unchanged
Reading Time: 2 minutes Corn and soybean yields in the United States were left unchanged in the latest supply/demand estimates from the U.S. Department of Agriculture, released July 11, although a reduction in harvested area led to small downward revisions to production for the crops.
USDA cuts US corn stocks outlook after raising exports to record high
Reading Time: < 1 minute The U.S. Department of Agriculture lowered its U.S. corn supply forecast in a monthly supply-and-demand report on Friday and raised its outlook for U.S. exports of the grain this season to a record high following a strong pace of overseas shipments.
Prairie Wheat Weekly: U.S. futures pressure Canadian prices
Weather varied across Prairies
Reading Time: 2 minutes Pressure on U.S. futures and variable weather conditions on the Prairies brought Western Canadian wheat bids down during the week ended July 10, 2025.
ICE Canola Midday: Shrugging off Trump tariff threats
Canadian oilseed turning around after earlier losses
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were recovering late Friday morning from losses generated by tariff threats from United States President Donald Trump on Thursday. As Canada-U.S. trade talks progress towards the deadline of July 21, the president said he would slap an additional 35 per cent levy […] Read more
A message from April Stewart, Country Guide's Associate Editor
