Markets
The USDA is forecasting tighter U.S. corn ending stocks for 2025/26 due to increased exports. The supply/demand balance sheets for soybeans and wheat were unchanged.
Markets
USDA sees tighter U.S. corn stocks, soybeans and wheat unchanged
ICE Canola Midday: Prices edging higher
By Glen Hallick Glacier FarmMedia | MarketsFarm – There were gains in canola on the Intercontinental Exchange mid-morning Tuesday, but they came away from session highs in choppy activity. A trader said there was talk of possible canola sales, but he wasn’t sure of the quantity or the destination. He also said there’s trendline support
Klassen: Feeder market stabilizes on fed market recovery
For the week ending December 6, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Many cattle feeders on both sides of the border believe that the fed cattle market will trade back up to historical highs in the second quarter of 2026. This positive sentiment along with year-end buying resulted
Global Markets: Canadian fertilizer facing steep U.S. duties
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump threatened on Monday to slap “very severe tariffs” on imports of Canadian-made fertilizer as a means to bolster domestic production. Trump’s comments came a day after he alluded
ICE canola correcting higher early Tuesday
Glacier FarmMedia — ICE canola futures were holding onto small gains Tuesday morning, seeing a modest correction after hitting its weakest levels in two months on Monday. • Oversold price sentiment, end user bargain hunting and a lack of significant farmer selling pressure were supportive. • The United States Department of Agriculture will release its
Canadian Financial Close: Little change for loonie, crude oil
Glacier FarmMedia – The Canadian dollar was relatively steady going into Tuesday, getting little direction from the United States dollar or crude oil. The loonie was at US$0.7230 or US$1=C$1.3831 as of 8:32 a.m. CST, compared to Monday’s close at US$0.7227 or US$1=C$1.3837. The Bank of Canada will make its final interest rate decision
U.S. livestock: Cattle mostly lower Monday
Cattle futures on the Chicago Mercantile Exchange were mostly lower Monday, seeing a modest correction to start the week after rising in early December. The February live cattle contract lost 0.475 cents per pound at 226.675 cents. Feeder cattle were down 2.875 cents in the March contract at 330.425 cents per pound. An estimated 600,000
Canadian Financial Close: Loonie rises, crude oil drops
Glacier FarmMedia – The Canadian dollar continued to rise, seeing its highest close since Sept. 23. The loonie jumped to US$0.7227 or US$1=C$1.3837 on Monday, compared to US$0.7215 or US$1=C$1.3860 on Friday. The Bank of Canada will make its final interest rate announcement of 2025 on Wednesday. The United States Dollar Index was
U.S. grains: Soybeans slide below $11 on demand doubts
U.S. soybean futures fell below $11 a bushel on Monday for the first time since October on uncertainty over whether China will buy as much U.S. supply as Washington expects and as South American crop weather favored large soy harvests that could begin in about a month, analysts said.
North American Grain and Oilseed Review: Canola lower to start week
Losses across the board in Chicago
By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures fell back on Monday, due to record production, a lack of exports and declines in comparable oils. Last week, Statistics Canada estimated the country’s canola harvest at 21.80 million tonnes. One analyst suggested StatCan could increase their estimate come summer. With China absent
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