Reading Time: < 1 minute The ICE Futures canola market climbed to its highest levels in two months to start October, but ran into resistance and may now need an outside catalyst to continue the uptrend.
Tag Archives markets
ICE canola weekly outlook: Rising market hits resistance
Klassen: Feeder markets experience stronger demand
Reading Time: 2 minutes For the week ending October 5, Western Canadian prices for grass yearlings were steady to as much as $10 higher while values for backgrounded yearlings were relatively unchanged. Calf markets were quite variable with preconditioned 650-800 pound calves trading $4-$8 above week-ago levels. Prices for non-weaned bawlers were relatively unchanged.
U.S. Grains: Soybeans ease on South American rain outlook; grain higher
Reading Time: 2 minutes Soybean futures eased on Monday on forecasts for rain in dry areas of top exporter Brazil and Argentina and on rising United States supplies as clear Midwest weather boosted harvesting.
Second day of CAPI conference tackles ESG
ESG will be key to sustainability reporting in coming years
Reading Time: 3 minutes Day two of the Canadian Agri-Food Policy Institute (CAPI) Canadian Agri-Food in a Sustainable World conference in Ottawa focused on environment, social and governance (ESG) requirements. Panels covered ESG and the changing Canadian ag landscape from national and global perspectives.
Ukraine farm sector indirect losses may reach $83B due to Russian invasion, analysts say
Reading Time: < 1 minute Indirect losses in Ukraine's key agricultural sector caused by the Russian invasion could reach $83 billion by the end of 2025, mainly due to falling harvests, the Kyiv School of Economics (KSE) said on Thursday.
ICE canola weekly outlook: Running into resistance
Reading Time: < 1 minute The ICE Futures canola market was still trending higher in the first trading days of October but showing signs of running into resistance.
Klassen: Western Canadian calf markets percolate higher
Reading Time: 2 minutes Strength in the deferred live cattle futures has spilt over into the feeder complex. Alberta and Saskatchewan placements in the lighter weight categories are down from year-ago levels which is resulting in stronger Alberta fed cattle basis levels for next spring. These are the main factors influencing the calf markets in Western Canada.
U.S. grains: Soy futures soar on US weather woes
Reading Time: 2 minutes U.S. soybean futures hit their highest in two months on Friday as soymeal futures surged by five per cent on worries about damage to crops and infrastructure in the Gulf Coast region following the landfall of Hurricane Helene as well as short-covering ahead of key crop reports due Monday.
U.S. grains: Wheat turns higher on Russia weather worries; soy, corn also rally
Reading Time: 2 minutes U.S. wheat futures turned higher on Wednesday as worries about crop prospects in top global exporter Russia sparked a round of short-covering, analysts said.
U.S. grains: Soybeans hit 2-month high before paring gains; corn, wheat sag
Reading Time: 2 minutes U.S. soybean and corn futures climbed to two-month highs on Tuesday, following broad gains in commodity and equity markets after China unveiled economic stimulus measures, but pared gains as forecasts called for improved crop weather in South America, analysts said.
A message from April Stewart, Country Guide's Associate Editor
