Markets & Farming Articles - Manitoba Co-operator

Pulse Weekly: Trade watching India import duty news closely

Extends pigeon pea period

By Glen Hallick - MarketsFarm February 19, 2025

Duty-free exemptions for pea and lentil imports into India are set to end over the next few weeks, but a recent extension for pigeon pea imports has led to speculation that the peas and lentils Canada ships to the country could also see their duty-free status extended.

Currency markets

Canadian Financial Close: Loonie dips again

Greenback, crude oil increase

By GFM Network News February 19, 2025

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued to slip back on Wednesday The loonie closed on Wednesday at US$0.7031 or US$1=C$1.4223, compared to Tuesday’s finish of US$0.7046 or US$1=C$1.4193. On the U.S. Dollar Index, the greenback tacked on 0.105 of a point at 107.060. Benchmark crude oil prices edged

Futures markets

North American Grain/Oilseed Review: Canola hangs on, grains drop

By GFM Network News February 19, 2025

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market saw earlier gains soften on Wednesday but remained on the plus side. While Chicago soyoil was down, Malaysian palm oil was up and European rapeseed was mostly higher. Crude oil also made gains due to supply uncertainty. Tightening supply issues in Canada underpinned canola, but

Markets, Reuters

Brazil 2024/25 soy forecast cut due to drought during crop tour

By Ana Mano, Reuters February 19, 2025

Brazilian soybean farmers will reap 171.3 million metric tons of soybeans in the 2024/25 season, less than the 172.4 million tons forecast in January, agribusiness consultancy Agroconsult said on Wednesday after inspecting about half of the fields in a nationwide crop tour.

Global markets

Global Markets: Trump threatens tariffs on automobiles

By GFM Network News February 19, 2025

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump said on Tuesday he would like to impose 25 per cent tariffs on automobile, semiconductor and pharmaceutical imports. Levies on automobiles would be put in place on April 2. The U.S.

Futures markets

ICE canola strengthens Wednesday morning

By GFM Network News February 19, 2025

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Wednesday morning, trading near three-month highs. Supportive technical signals and demand rationing underpinned values, as charts remain pointed higher and supplies continue to tighten. Malaysian palm oil was sharply higher in overnight trade, although that market was starting to

Currency markets

Canadian Dollar and Business Outlook: Slight dip for loonie

Despite upticks in crude oil

By GFM Network News February 19, 2025

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar slipped back on Wednesday morning. As of 8:35 am CST, the loonie was at US$0.7037 or US$1=C$1.4209 compared to Tuesday’s close of US$0.7046 or US$1=C$1.4193. On the United States Dollar Index, the greenback inched up 0.040 of a point at 106.995. Benchmark crude oil prices

Markets, Reuters

U.S. grains: Corn futures hit 16-month high above $5 a bushel

By Reuters, Tom Polansek February 18, 2025

Chicago Board of Trade corn futures reached a 16-month high above $5 a bushel on Tuesday on robust U.S. export demand and expectations that inventories may tighten, analysts said.

Beef cattle, Livestock, Markets

U.S. livestock: Feeder cattle rise on renewed New World screwworm concerns

By Geralyn Wichers February 18, 2025

Chicago Mercantile Exchange feeder cattle ended the day stronger as another case of New World screwworm was found in Mexico.

Currency markets

Canadian Financial Close: Loonie simmers a bit

StatCan releases January CPI data

By GFM Network News February 18, 2025

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Tuesday as the country saw a slight increase in inflation and the United States currency strengthened. The loonie closed on Tuesday at US$0.7046 or US$1=C$1.4193, compared to Friday’s finish of US$0.7059 or US$1=C$1.4201. On the U.S. Dollar Index, the greenback

Daily Network News

Prairie forecast: Cooler than average temperatures expected to continue

Transport, trade, labour top of mind for new Grain Growers of Canada executive director

Food and beverage sales growth, volume decline predicted for 2026

Markets

Pulse Weekly: Trade watching India import duty news closely

Canadian Financial Close: Loonie dips again

North American Grain/Oilseed Review: Canola hangs on, grains drop

Brazil 2024/25 soy forecast cut due to drought during crop tour

Global Markets: Trump threatens tariffs on automobiles

ICE canola strengthens Wednesday morning

Canadian Dollar and Business Outlook: Slight dip for loonie

U.S. grains: Corn futures hit 16-month high above $5 a bushel

U.S. livestock: Feeder cattle rise on renewed New World screwworm concerns

Canadian Financial Close: Loonie simmers a bit

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for March 27, 2026

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