Markets
Chicago Board of Trade soybean futures rose on Thursday, recouping losses from the previous session with support from lingering concerns about poor crop weather in South America, analysts said.
Markets
U.S. grains: Soy futures rebound amid South America crop concerns
Canadian Financial Close: Loonie retakes ground
Hard loss for greenback
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished higher on Thursday by almost two-tenths of cent as the United States dollar pulled back while crude oil edged upward. The loonie closed on Thursday at US$0.7048 or US$1=C$1.4188, compared to Wednesday’s finish of US$0.7031 or US$1=C$1.4223. On the U.S. Dollar Index,
U.S. livestock: CME cattle, hog futures slide
Chicago Mercantile Exchange live cattle, feeder cattle and lean hog futures fell on Thursday.
North American Grain/Oilseed Review: Canola rises, grains mixed
Glacier FarmMedia | MarketsFarm — The ICE Futures canola market maintained positive momentum, aided by rising comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Crude oil also made gains despite a buildup of United States inventories. Agriculture and Agri-Food Canada raised its estimates for both 2024-25 and 2025-26 canola stocks by
Feed Grains Weekly: Overbooked end-users worried about tariffs on Canadian beef
Feed wheat, U.S. corn too expensive
There won't be a whole lot of movement of feed grains on the Canadian Prairies any time soon, stated Darcy Haley, vice-president of Ag Value Brokers in Lethbridge. He said not only are the end-users overbooked, but the relentless uncertainty over tariffs continues to dominate the cattle industry across Western Canada.
ICE Midday: Canola still climbing higher
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market maintained positive momentum in the middle of Thursday trading, aided by rising comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Crude oil was also making gains despite a buildup of United States inventories. The Canadian dollar was up more than one-tenth
IGC trims global corn crop forecast as South America outlook cut
The International Grains Council (IGC) has cut its forecast for 2024/25 global corn production, largely reflecting a diminished outlook for crops in Brazil and Argentina.
Global Markets: Trump seeks tariffs on lumber
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump said on Wednesday his administration is considering a 25 per cent levy on imported lumber and forest products. If the new tariff is added onto current duties, Canadian softwood lumber
ICE canola rising Thursday morning
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Thursday morning, trading just below the three-month highs hit Wednesday. Gains in Chicago soybeans and soyoil provided spillover support, with Malaysian palm oil also firm in overnight activity. However, European rapeseed was mixed. Supportive chart signals and the need
Canadian Dollar and Business Outlook: Positive momentum for loonie
Lower greenback, higher crude oil
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar climbed higher on Thursday morning aided by declines in its United States counterpart and upticks in crude oil. As of 8:32 am CST, the loonie was at US$0.7046 or US$1=C$1.4191 compared to Wednesday’s close of US$0.7031 or US$1=C$1.4223. On the United States Dollar Index, the