Reading Time: < 1 minute A pause on tariffs from the United States gave the canola market a boost during the first few trading days of February, although the outlook remains cloudy, and values ran into resistance on Feb. 5.
ICE canola weekly outlook: Uncertainty overhanging market
Tariff threats and U.S. biofuel questions
U.S. Grains: Soybeans climb to highest since July as tariff worries ease
Reading Time: 2 minutes Chicago Board of Trade soybean futures jumped to their highest level since July on Tuesday as concerns eased that trade disputes will disrupt U.S. agricultural exports, analysts said.
Klassen: Western Canadian feeder markets set fresh high amid tariff threat
Reading Time: 2 minutes For the week ending February 1, Western Canadian feeder cattle markets traded steady to $8 per hundredweight higher compared to seven days earlier. In some cases, larger packages of quality genetics were up as much $15/cwt from the prior week.
U.S. livestock: Cattle rally continues
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange hit fresh contract highs once again on Tuesday, with expectations for declining U.S. inventories behind some of the buying interest.
Klassen: Western Canadian feeder market holds value on Ontario demand
Reading Time: 2 minutes For the week ending January 25, Western Canadian feeder cattle markets traded $$3-$6/cwt on either side of unchanged compared to seven days earlier. Higher quality genetics and lower flesh replacements were slightly firmer; however, feedlot operators incorporated the appropriate discounts on fleshier types and lower efficiency, smaller frame animals.
Klassen: Increased feeder cattle selling caps upside momentum
Reading Time: 2 minutes There was a surge in farmer selling across Western Canada last week. Sales volumes were larger than normal at many auction barns. The fear that President Trump would implement a tariff on feeder cattle ignited fears that that market would drop sharply.
U.S. grains: Soy, corn futures retreat on profit-taking
Reading Time: 2 minutes U.S. soybean futures fell about two per cent on Thursday as forecasts for much-needed rains in dry areas of Argentina's crop belt and expectations of a massive Brazilian soy harvest sparked a round of profit-taking, analysts said.
U.S. livestock: Cattle futures boosted by strong beef prices
Reading Time: < 1 minute Live and feeder cattle futures on the Chicago Mercantile Exchange were stronger Wednesday, as rising beef prices underpinned the markets.
U.S. grains: Corn firm on Argentina weather worries, soybeans retreat
Reading Time: 2 minutes Benchmark U.S. corn futures rose on Wednesday, hovering near one-year highs as traders continued to adjust to a tighter supply outlook projected last week by the U.S. Department of Agriculture (USDA) and fretted about Argentine crop weather, analysts said.
Klassen: Demand surges for beef, live cattle and feeder cattle
Reading Time: 2 minutes For the week ending January 11, Western Canadian feeder cattle prices were up $15-$20/cwt compared to the week ending December 21, 2024. In eastern Saskatchewan and Manitoba, quality packages of steers 800 pounds and over traded $20/cwt to $25/cwt higher compared to three weeks earlier.
A message from April Stewart, Country Guide's Associate Editor
