Markets
Soybean and corn yields in the United States were revised downward from earlier estimates in updated supply/demand tables from the United States Department of Agriculture released Nov. 14.
Markets
U.S. corn and soybean yields revised down by USDA
ICE Midday: Canola still on the rise
Glacier FarmMedia – Canola futures on the Intercontinental Exchange extended their rally on Friday. An analyst said if the January contract can stay above C$650 per tonne throughout the entire session, it would begin to establish a “base of resistance”. However, he also believes the contract to be slightly overbought. The Canadian Grain Commission reported
JBS profit falls amid still-challenging US market environment
JBS, the world’s largest meat company, reported a net profit fall in the third quarter in spite of a rise in global net sales amid a still-challenging beef market environment in the U.S., according to an earnings statement on Thursday.
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was holding steady Friday morning, lacking any clear direction. At 8:48 a.m. CST the Canadian dollar was trading at US$0.7133 or US$1=C$1.4019 which compares with Thursday’s close of US$0.7134 or US$1=C$1.4018. Manufacturing sales in Canada were up 3.3 per cent in September compared to the previous month
Global Markets: USDA to release November estimates
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – The United States Department of Agriculture will release on Friday its November World Agricultural Supply and Demand Estimates at 11 a.m. CST. Last month’s release was cancelled due to the U.S. government shutdown, adding to the
ICE Canada Morning Comment: Canola slips back
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures dipped Friday morning, moving away from nearby resistance levels. Canola exports continued to lag well behind last year’s pace. The Canadian Grain Commission reported those exports for the week ended Nov. 9 dropped to 121,200 tonnes from the previous week’s 188,400. The year-to-date
U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data
Chicago Board of Trade soybean futures rose on Thursday to their highest in nearly 17 months as traders awaited a U.S. government crop report that was expected to lower yield estimates, while also bracing for the resumption of export data to give clues on Chinese buying.
Canadian financial close: C$ softens Thursday
Glacier FarmMedia — The Canadian dollar was slightly softer on Thursday, with sharp losses in equities accounting for some spillover weakness in the currency. The Canadian dollar settled at US$0.7134 or US$1=C$1.4018, which compares with Wednesday’s close of US$0.7140 or US$1=C$1.4005. The end of the U.S. government shutdown kept some caution in the
North American Grain/Oilseed Review: Canola up, soybeans rise
Glacier FarmMedia -– Canola futures closed higher on Thursday while support from comparable oils varied. Chicago soyoil was down, European rapeseed was up and Malaysian palm oil was mixed. Crude oil made small gains to recover a fraction of Wednesday’s losses. An analyst said that despite recent optimism that Canada and China will
Feed grains: Australia looking at another large barley export program
Australia’s 2025/26 barley harvest is underway and early expectations for a record should see the country as an active participant in the world export market going forward.
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