Markets
For the week ending February 8, the Western Canadian feeder cattle market was hard to define. Prices were softer earlier in the week but were creeping higher by Friday.
Markets
Klassen: Feeder market stalls; cold temperatures, tariff threat limit sales
ICE Canola Midday: Building on the rally
USDA report at 11 a.m. CST
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued higher on late Tuesday morning, in an attempt to extend their rally to a fourth consecutive session. Support for the Canadian oilseed came from a tightening supply situation and spillover from comparable oils. In Chicago, soybeans and soyoil swung upward while soymeal
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding near unchanged Tuesday morning, as financial markets digested the latest tariff news out of the United States. At 8:54 a.m. CST the Canadian dollar was trading at US$0.6981 or US$1=C$1.4325 which compares with Monday’s close of US$0.6982 or US$1=C$1.4323. U.S. President Donald Trump signed an
ICE canola lacking direction
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was narrowly mixed on Tuesday morning despite positive sentiment in comparable oils. While Chicago soyoil stayed put, European rapeseed and Malaysian palm oil were higher. Crude oil was also on the rise despite United States President Donald Trump imposing 25 per cent tariffs on steel and
Global Markets: Steel, aluminum tariffs are on
Levies likely violate earlier Trump trade deal
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump imposed a 25 per cent tariff on all of the country’s steel and aluminum imports on Monday. While the move drew strong criticism from Canadian Prime
Canadian Financial Close: C$ softens Monday
Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Monday, as currency traders reacted to the latest tariff threats from United States President Donald Trump. The Canadian dollar settled at US$0.6982 or US$1=C$1.4323, which compares with Friday’s close of US$0.6994 or US$1=C$1.4298. Trump said Sunday that he would announce new 25 per cent
U.S. grains: Chicago soybean, wheat futures falter on tariff fears
Chicago wheat and soybean prices came under pressure on Monday after U.S. President Donald Trump said he will impose punitive tariffs on aluminum and steel imports, raising concern over potential retaliation against U.S. grain and oilseed exports, analysts said.
U.S. livestock: Cattle add gains, market fundamentals strong says analyst
Chicago Mercantile Exchange cattle futures made gains today as trends indicate that while contracts have backed away from record highs, market fundamentals remain solid.
North American Grain and Oilseed Review: Dwindling supplies underpin increases
U.S. soybeans, wheat pull back
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Monday due to tighter supplies. Statistics Canada reported canola stocks at the end of 2024 were about 19 per cent smaller than those the year before. Also, the Canadian Grain Commission said canola exports and domestic use remain strong.
Speculators exit short positions in canola
Net short smallest since 2023
Speculative fund traders were busy covering bearish bets and putting on new long positions during the first few days of February, taking the net short position in canola to its smallest level since September 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).