Markets
Chicago cattle futures hit new contract highs, while boxed beef prices were lower.
Markets
U.S. livestock: Cattle futures reach new contract highs
North American grain/oilseed review: Canola mixed, old/new crop spread narrows
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mixed on Monday, as the old/new crop spread narrowed. A temporary pause on most tariffs between China and the United States lent early support to the soy complex with some of that buying spilling into the canola market. Tighter-than-expected soybean
ICE canola mixed at midday Monday
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mixed at midday Monday, with losses in the old crop July contract and gains in the deferred months. A rally in the Chicago soy complex provided spillover support, as China and the United States reached a tentative trade truce and tariff
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Monday morning, as global financial markets reacted to news of a 90-day trade truce between China and the United States. At 9:14 a.m. CDT the Canadian dollar was trading at US$0.7147 or US$1=C$1.3992 which compares with Friday’s close of US$0.7180 or US$1=C$1.3927. China and the
Global Markets: U.S./China reach temporary agreement
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Monthly supply/demand estimates from the United States Department of Agriculture will be released at 11:00 a.m. CDT today. The data will include the agency’s first forecasts for 2025/26 production and usage. China and the
ICE canola prolongs rally
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market extended its rally on Monday morning as tight supplies and a strong export demand provided support for the oilseed. Chicago soyoil and European rapeseed were also higher, while Malaysian palm oil did not trade due to a holiday. Crude oil was up around US$2 per
Industry believes green pea supplies are over-reported
Analysts say crop insurance data and high prices indicate that stocks of the crop are higher than Statistics Canada is reporting
Crop insurance data and high prices of green peas indicate that Canada’s stocks of the crop are higher than Statistics Canada is reporting
U.S. livestock: Cattle mixed, hogs make small gains
Chicago cattle futures ended mixed, while lean hogs made small gains on Friday.
U.S. grains: Chicago soybeans, corn higher ahead of US-China trade talks
Chicago soybean and corn futures bounced on Friday as traders covered short positions ahead of Saturday's meeting between senior U.S. and Chinese officials and a widely tracked U.S. Department of Agriculture report on Monday, analysts said.
Canadian Financial Close: Loonie, crude oil in opposite directions
Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped on Friday, capping off a tough week in which the currency lost more than six-tenths of a United States cent. The loonie ended the day at US$0.7180 or US$1=C$1.3927, compared to US$0.7191 or US$1=C$1.3907 on Thursday. Statistics Canada reported the country’s unemployment rate rose to 6.9