Canadian farmers' overall new crop outlook has improved since the beginning of the year, says Farm Credit Canada.
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U.S. livestock: Feeder cattle hit fresh peaks on shrinking supplies, strong cash prices
Chicago Mercantile Exchange cattle futures continued to rally on Tuesday, with feeder contracts setting new all-time highs, as U.S. cash prices remained firm and domestic supplies of replacement animals continued to shrink, market analysts said.
Trump says US will sell ‘so much’ beef to Australia
The United States will sell “so much” beef to Australia, U.S. President Donald Trump said on Thursday after Canberra relaxed import restrictions, adding that other countries that refused U.S. beef products were on notice.
CBOT Weekly: ‘It’s a weather game now’ says Lusk
As the rest of July plays out, United States soybeans and corn will remain in a weather market, said Sean Lusk, vice-president of Walsh Commodity Hedging Services in Chicago.
North American Grain/Oilseed Review: Canola rebounds, grains retreat
Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Wednesday. This was despite the November contract finding resistance at the C$700 per tonne psychological level as it closed in on its 20- and 50-day moving averages. Chicago soyoil, European rapeseed and Malaysian palm oil were also higher, supporting canola prices. Crude[...]
Canadian Dollar and Business Outlook: Loonie slips, gold falls
Glacier FarmMedia | MarketsFarm -- The Canadian dollar slipped below the 73 United States cent mark on Friday morning. The loonie was at US$0.7298 or US$1=C$1.3702 as of 8:34 a.m. CDT, compared to Thursday’s close at US$0.7337 or US$1=C$1.3630. The United States Dollar Index rose 0.43 of a point at 97.81. Crude oil prices were[...]
North American Grain/Oilseed Review: Canola rises, down day for grains
Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Friday despite weakness in most comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly up. Crude oil declined due to the Trump administration allowing Chevron to resume operations in Venezuela. Scattered showers and thunderstorms are[...]
Prairie Wheat Weekly: Wheat, durum cash prices lower on the week
Cash prices for spring wheat and durum across the Canadian Prairies pulled back during the week ended July 24.
Dryness reduces Australian wheat output says USDA attaché
With dry conditions in Australia’s southern production regions, the United States Department of Agriculture attaché in Canberra projected reduced wheat production for 2025/26. The attaché wrote in their report released on July 28 that Western Australia, South Australia and Victoria had low soil moisture levels going into wheat planting and there was below-average autumn rains.
Canadian Dollar and Business Outlook: Stronger U.S. dollar pushing loonie lower
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped on Tuesday morning as its United States counterpart continued to gain strength. As of 8:37 am CDT, the loonie was at US$0.7263 or US$1=C$1.3767 compared to Monday’s close of US$0.7287 or US$1=C$1.3723. On the U.S. Dollar Index, the greenback was up 0.435 of[...]
Cyber-Savvy Farmer
