Markets
Corn ending stocks in the United States for 2025/26 will be slightly tighter than earlier expectations, but still record-large, according to updated supply/demand tables from the U.S. Department of Agriculture released Feb. 10.
Markets
Only small adjustments in latest USDA supply/demand estimates
ICE Canola Midday: Looking to shed losses
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were trying to overcome earlier losses on Tuesday morning. Canola has been on the rise since January, with the nearby March contract climbing from about C$600 per tonne to more than C$660. An analyst said Canada and China resolving their trade differences has
France raises winter soft wheat and rapeseed planting estimates
France’s farm ministry on Tuesday increased slightly its estimates for sowings of winter soft wheat and winter rapeseed for the 2026 harvest, confirming its expectation of an expanded area for both crops this year.
Klassen: Calf markets continue to climb
For the week ending February 7, Western Canadian feeder markets traded $10 higher to $10 lower compared to seven days earlier. The cash market was extremely volatile as the sell-off in the feeder cattle futures on Thursday, February 5, installed cautious tone amongst buyers late in the week. Fleshier cattle in smaller packages were discounted
Global Markets: Reliability at stake as USDA launches investigation into corn acres
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Trust in the data from the United States Department of Agriculture is in doubt, Reuters said on Tuesday, hours ahead of the USDA’s next monthly supply and demand report. Questions regarding U.S. corn
Canadian Dollar and Business Outlook: A bit more strength for loonie
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar continued higher on Tuesday morning, as its United States counterpart slipped lower and crude oil tacked on increases. As of 9:19 am CST, the loonie was at US$0.7388 or US$1=C$1.3537, compared to Monday’s close of US$0.7366 or US$1=C$1.3576. On the U.S. Dollar Index, the
ICE canola correcting lower Tuesday morning
Glacier FarmMedia — ICE canola futures were posting small losses Tuesday morning, taking back some of Monday’s gains. The March contract neared major chart resistance on Monday, with speculative positioning behind some of Tuesday’s selling pressure. Losses in Chicago soyoil and continued strength in the Canadian dollar added to the softer tone. European rapeseed and
U.S. grains: Soy futures pull back as Brazil harvest advances
Chicago | Reuters – U.S. soybean futures fell on Monday on profit taking after a rally last week drove prices to a two-month high well above $11 a bushel, tied to U.S. President Donald Trump’s remarks that China may buy more beans from the United States. The expanding harvest of a record-large Brazilian soybean crop
Canadian Financial Close: Loonie, crude oil rise
Glacier FarmMedia – The Canadian dollar made gains on Monday as as its United States counterpart fell back and crude oil was higher. The loonie closed at US$0.7366 or US$1=C$1.3576, compared to US$0.7327 or US$1=C$1.3648 on Friday, as speculators turned the Canadian dollar into a net long position for the first time in more
U.S. livestock: Cattle rise, hogs fall as traders watch other commodities
Chicago cattle futures eked out gains on Monday while hog contracts slipped back. Most-active April live cattle futures closed at 238.200 cents a pound, up 0.950 cents. June contracts gained 0.475 cents to settle at 234.325 cents. Most-traded March feeder cattle contracts closed at 367.450 cents per pound, up 0.025 cents. April feeders settled at
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