Markets
U.S. soybean and corn futures on Friday fell from multi-month highs after Argentina said it would lower grain export taxes, fueling expectations the United States will face tougher competition for sales on the global market.
Markets
U.S. grains: Soybeans and corn fall from highs after Argentina cuts export taxes
U.S. livestock: Cattle futures continue to surge as U.S. cattle on feed inventory declines
Chicago Mercantile Exchange cattle and hog futures rose across the board on Friday with cattle continuing a run of record-setting prices.
North American Grain and Oilseed Review: Canola front months nudge up
U.S. soybeans, corn, wheat drop back
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were slightly higher in the front months on Friday while the deferred positions were lower. Canola received support from slight increases in Chicago soyoil and Malaysian palm oil. However, declines in Chicago soybeans and soymeal, plus those in European rapeseed limited the
Prairie spring wheat rise with U.S. futures
Hard red spring wheat bids in Western Canada moved higher during the week ended Jan. 23, as a rally in the United States futures provided support.
ICE Canola Midday: Futures swinging upward
Strong exports, domestic use continue
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher late Friday morning, as the March contract held above its major moving averages including the 200-day. Upticks in Chicago soyoil and Malaysian palm oil helped to bolster canola, while declines in soybeans and soymeal plus most European rapeseed contracts limited the
Global Markets: Trump at World Economic Forum
Upheaval marks first week in office
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Donald Trump continued the upheaval that has highlighted his first week as the 47th President of the United States. At the World Economic Forum in Davos on Thursday, Trump indicated the
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Friday morning. At 8:38 a.m. CST the Canadian dollar was trading at US$0.6981 or US$1=C$1.4325 which compares with Thursday’s close of US$0.6958 or US$1=C$1.4371. New home prices in Canada dipped slightly in December, with the national new housing price index down 0.1 per cent on
ICE canola moves higher
The ICE Futures canola market maintained its positive momentum on Friday morning to go with similar sentiment in comparable oils. The Canadian Grain Commission reported 202,500 tonnes of canola exported during the week ended Jan. 19, just 500 less than the previous week. So far this marketing year, 5.129 million tonnes were shipped compared to
Canadian Financial Close: C$ steady
Glacier FarmMedia | MarketsFarm — The Canadian dollar held near unchanged on Thursday. The Canadian dollar settled at US$0.6958 or US$1=C$1.4371 on Wednesday, which compares with Tuesday’s close of US$0.6959 or US$1=C$1.4369. Retail sales in Canada were steady November at C$67.6 billion, according to Statistics Canada data, but early indictors point to a 1.6 per
U.S. livestock: Cattle continue upward march
Cattle at the Chicago Mercantile Exchange continued their upward march on Thursday after Wednesday’s jump, while lean hogs were mixed.