Markets
U.S. soybean futures retreated on Monday from a one-week top on a lack of fresh soy sales to top buyer China and lingering doubts over whether the Asian nation will buy 12 million tonnes of the oilseed by the end of 2025
Markets
U.S. grains: Soy futures dip as traders await China sales; corn, wheat sag
North American Grain/Oilseed Review: Canola, grains move downward
Glacier FarmMedia -– Canola futures on the Intercontinental Exchange were lower in Monday trading amidst mixed sentiment in comparable oils. However, the January contract remained above its 20-day average. Chicago soyoil was up, while European rapeseed and Malaysian palm oil were down. Crude oil was higher due to tensions between the United States and
Australia raises wheat harvest estimate by nearly two million tonnes
Australia’s ABARES raised its forecast for national wheat production this season by around 1.8 million tonnes to 35.6 million tonnes, cementing expectations for a bumper harvest that will add to abundant global supply and pressure prices.
ICE Midday: Canola starts week in the red
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower in the middle of Monday trading, with the January contract trading below its 20-day average, amidst mixed sentiment in comparable oils. Chicago soyoil was slightly higher, while European rapeseed and Malaysian palm oil were down. Crude oil gained US$1 per barrel due to tensions
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was firmer Monday morning, with gains in crude oil supportive for the energy-linked currency. At 9:14 a.m. CST the Canadian dollar was trading at US$0.7165 or US$1=C$1.3957 which compares with Friday’s close of US$0.7154 or US$1=C$1.3979. Canada’s manufacturing sector contracted in November, with the S&P Global Canada
Global Markets: Flooding devastates Southeast Asia
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Torrential rains and flooding over the past week have taken the lives of more than 1,000 people in Indonesia, Sri Lanka and Thailand with thousands more missing. Indonesian President Prabowo Subianto visited the island of Sumatra
ICE Canada Morning Comment: Stepping back with other veg oils
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola was lower on Monday morning, along with the other vegetable oils. The Chicago soy complex, MATIF rapeseed and Malaysian palm oil were down modestly, while higher crude oil offered support. Statistics Canada is scheduled to release its production report on Thursday. Trade expectations have
Grain markets hungry for U.S. data
The U.S. government shutdown meant that futures markets were left without robust grain supply information
The U.S. government shutdown meant that futures markets were left without robust grain supply information
Canadian Financial Close: Loonie, TSX rise entering the weekend
Glacier FarmMedia – The Canadian dollar saw its highest close in nearly a month following welcomed economic data from Statistics Canada. The loonie jumped to US$0.7154 or US$1=C$1.3979 on Friday, its highest close since Oct. 29, compared to US$0.7126 or US$1=C$1.4034 on Thursday. StatCan reported today that Canada’s economy grew at an annualized rate
North American Grain and Oilseed Review: Canola finishes in with dip
U.S. soybeans, corn higher, as wheat slips back
By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed steady to lower on Friday, unable to hang on to gains in the last minutes of trading. It was a similar circumstance with MATIF rapeseed which was also steady to lower. Small losses in crude oil applied additional pressure on the vegetable
Cyber-Savvy Farmer
