Markets
For the week ending April 19, Western Canadian feeder cattle markets traded $2 to $3 above week-ago levels. Many auction barns did not have sales due to Good Friday but sale volumes were also smaller at active locations.
Markets
Klassen: Fall fed cattle supply concerns strengthen feeder complex
Global Markets: Seeding underway in some parts of the Prairies
Provinces have yet to issue weekly crop reports
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Spring planting is underway in parts of southern Alberta and southwestern Saskatchewan, according to a number of recent reports. However, early progress will be slowed this week by precipitation across the
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly weaker relative to its United States counterpart Tuesday morning. At 8:46 a.m. CDT the Canadian dollar was trading at US$0.7222 or US$1=C$1.3847 which compares with Monday’s close of US$0.7236 or US$1=C$1.3820. Canada’s Industrial Product Price Index was up 0.5 per cent in March compared to
ICE canola back in positive territory
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was on the rebound Tuesday morning with help from comparable oils. Chicago soyoil and Malaysian palm oil were higher, while crude oil followed equities’ lead and made gains. However, European rapeseed was lower. The Canadian dollar was down nearly two-tenths of a United States cent compared
Canadian Financial Close: Loonie swings higher
Greenback drops to three-year low
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was higher on Monday, as trading resumed following the Easter long weekend. The loonie closed on Monday at US$0.7236 or US$1=C$1.3820, compared to Thursday’s finish of US$0.7217 or US$1=C$1.3857. On the United States Dollar Index, the greenback dropped 0.994 of a point at
North American Grain and Oilseed Review: Canola can’t sustain early increases
A red number day in Chicago
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures stepped back on Monday after trading resumed following the Easter long weekend. Canola values were higher this morning but turned around on pressure from declines in the Chicago soy complex and Malaysian palm. The European rapeseed market was closed for a holiday.
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was firmer Monday morning, although activity was somewhat subdued with European markets closed for Easter Monday. Some Canadian federal institutions are also closed today. Broad weakness in the United States dollar internationally accounted for some of the relative strength in the Canadian currency, amid ongoing uncertainty over
ICE Canola Midday: Prices turnaround on lower comparable oils
Concerns Trump may fire Powell
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower by late Monday morning, turning around from earlier increases. An analyst said he’s not surprised most of the markets are down today, including canola, due to concerns United States President Donald Trump could fire Federal Reserve Chair Jerome Powell. Pressure on
Global Markets: Easter storms strike U.S. Midwest, South
Planting delays, risk of frost
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. At least two people are dead in Oklahoma following heavy rains that caused severe flooding during the Easter weekend. In addition to Oklahoma, the United States National Weather Service also issued
ICE canola gaining to start week
Glacier FarmMedia | MarketsFarm — The ICE canola futures market showed some independent strength coming out of the Easter Weekend. Chicago soyoil, European rapeseed and Malaysian palm oil declined to start the week. Crude oil dropped by more than US$1 per barrel on reported progress towards a deal between the United States and Iran over