Markets & Farming Articles - Manitoba Co-operator

Klassen: Feeder markets experience stronger demand

By Jerry Klassen October 8, 2024

For the week ending October 5, Western Canadian prices for grass yearlings were steady to as much as $10 higher while values for backgrounded yearlings were relatively unchanged. Calf markets were quite variable with preconditioned 650-800 pound calves trading $4-$8 above week-ago levels. Prices for non-weaned bawlers were relatively unchanged.

Currency markets

Canadian dollar and business outlook

By GFM Network News October 8, 2024

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, with losses in crude oil accounting for some of the selling pressure in the energy-linked currency. At 9:20 a.m. CDT the Canadian dollar was trading at US$0.7322 or US$1=C$1.3657, which compares with Monday’s close of US$0.7348 or US$1=C$1.3609. Crude

Global markets

Global Markets: Canadian trade deficit widens

By GFM Network News October 8, 2024

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Canada’s international trade deficit widened to C$1.1 billion in August, as imports increased by 0.3 per cent and exports fell by 1.0 per cent, Statistics Canada reported Tuesday. The data included a

Futures markets

ICE Canada Morning Comment: Canola weaker due to comparable oils

November remains above most support levels

By GFM Network News October 8, 2024

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pulled back Tuesday morning, following other comparable oils to the downside. In a corrective move there were losses in the Chicago soy complex, European rapeseed and Malaysian palm oil. Crude oil as well was lower, adding more pressure on the oilseeds. Despite the

Beef cattle, Hogs, Livestock, Markets

U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound

By Karl Plume October 7, 2024

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle futures also edged higher on a strong cash market, although large cattle weights and beef demand worries amid a slumping stock market limited gains and

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, News

U.S. Grains: Soybeans ease on South American rain outlook; grain higher

By Karl Plume, Reuters October 7, 2024

Soybean futures eased on Monday on forecasts for rain in dry areas of top exporter Brazil and Argentina and on rising United States supplies as clear Midwest weather boosted harvesting.

Currency markets

Canadian Financial Close: Loonie continues losing ground

Spike in crude oil prices can't reverse dollar's course

By GFM Network News October 7, 2024

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar shed more ground on Monday, as its United States counterpart was relatively steady and despite sharp upticks in crude oil. The loonie closed at US$0.7348 or US$1=C$1.3609, compared to Friday’s finish of US$0.7365 or US$1=C$1.3577. On the U.S. Dollar Index, the greenback dipped

A combine in the Interlake runs against the setting sun on Nov. 1, 2022, in an effort to wrap up harvest. Photo: Greg Berg

Markets, News, Weather

Warmer, drier October followed by colder, snowier November

By Glen Hallick - MarketsFarm October 7, 2024

The balance of October is likely to remain warmer than normal across the Canadian Prairies, but the weather could turn colder than normal in November, Weatherlogics chief scientist Scott Kehler explained.

File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)

Markets, News

Malaysia to produce less palm oil – USDA attaché

By Glen Hallick - MarketsFarm October 7, 2024

Palm oil production in Malaysia is projected to ease back in 2024/25 as compared to the previous year, said the United States Department of Agriculture (USDA) attaché in Kuala Lumpur.

Futures markets

North American grain/oilseed review: Canola uptrend continues Monday

By GFM Network News October 7, 2024

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Monday, hitting fresh two-month highs as speculative short-covering provided support. The November contract settled just below its 200-day moving average. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all higher on the day, providing spillover support. However,

Daily Network News

U.S. livestock: Cattle futures slow descent

U.S. grains: Soybeans, wheat plummet from highs on limited Chinese demand

Feed Grain Weekly: Prices starting to pick up

Markets

Klassen: Feeder markets experience stronger demand

Canadian dollar and business outlook

Global Markets: Canadian trade deficit widens

ICE Canada Morning Comment: Canola weaker due to comparable oils

U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound

U.S. Grains: Soybeans ease on South American rain outlook; grain higher

Canadian Financial Close: Loonie continues losing ground

Warmer, drier October followed by colder, snowier November

Malaysia to produce less palm oil – USDA attaché

North American grain/oilseed review: Canola uptrend continues Monday

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

Cyber-Savvy Farmer

Latest Market News