Markets
U.S. trade policies continue to impact agrictultural futures, and politics appear to remain the driving force behind grain and oilseeds markets for the foreseeable future.
Markets
Tariffs roil Canadian grain markets
About the only certainty these days is there is going to be more uncertainty
Canadian Financial Close: Loonie turns lower
Trump looking to tariff Canadian dairy, lumber
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Friday, giving up the previous day’s gains. The loonie closed Friday at US$0.6958 or US$1=C$1.4371, compared to Thursday’s finish of US$0.6989 or US$1=C$1.4309. On the U.S. Dollar Index, the greenback stepped back 0.238 of a point at 103.445. United States
U.S. livestock: Cattle futures climb to end week
Cattle and hog prices at the Chicago Mercantile Exchange on Friday showed increases of varying degrees. United States President Donald Trump announced on Thursday that certain imports from Mexico which fall under the Canada-U.S.-Mexico Trade Agreement will see tariffs delayed until April 2. Canada was also included in the official amendment after the markets closed.
Prairie Wheat Weekly: Prices either side of steady
Trump tariffs pressuring U.S. wheat prices
Western Canadian cash prices for spring wheat and amber durum were mixed during the week ended March 6. Declines in the United States wheat complex weighed on Prairie cash prices, as did a stronger Canadian dollar.
North American grain/oilseed review: Canola continues higher to end week
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Friday, as traders continued to try and make sense of shifting tariff news out of the United States. The U.S. put a pause on some Canadian and Mexican import tariffs on Thursday, but President Donald Trump was back musing
ICE canola climbing higher at midday Friday
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Friday, as gains in outside markets provided support. However, activity was choppy amid ongoing uncertainty over United States trade policies. The U.S. put a pause on some Canadian and Mexican import tariffs on Thursday, but the fickle nature
Global demand forecasts for US crops to factor in tariffs in effect, USDA says
A monthly U.S. Department of Agriculture WASDE supply and demand report due next week will consider trade policies in place when the forecasts for grains and soybeans are issued, an agency official said on Thursday, as President Donald Trump suspended tariffs he imposed this week on Canada and Mexico.
Canadian Dollar and Business Outlook: Loonie a little lower
Trump grants pause to tariffs
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Friday morning in the aftermath of sudden changes to United States tariffs. As of 8:37 am CST, the loonie was at US$0.6966 or US$1=C$1.4353 compared to Thursday’s close of US$0.6989 or US$1=C$1.4309. On the U.S. Dollar Index, the greenback was down 0.403
ICE canola slowly climbing upward
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made small gains on Friday morning with mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher, while crude oil gained more than US$1 per barrel after Russia said OPEC+ may reverse its planned output hike by April. European rapeseed was
Global Markets: Canadian unemployment rate steady
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Canada’s unemployment rate held steady at 6.6 per cent in February, reported Statistics Canada, with 1,100 new jobs added. Meanwhile, payrolls in the United States saw an increase of 151,000 jobs during the month, but