Markets
Feed prices on the Canadian Prairies are likely to remain steady for the time being, said Brandon Motz, a manager at CorNine Commodities in Lacombe, Alta.
Markets
Feed Grains Weekly: Prices in holding pattern
ICE Midday: Crude oil rally lifts canola
Glacier FarmMedia – Canola futures on the Intercontinental Exchange received a boost on Thursday. The United States and the European Union imposed new sanctions on Russian oil companies in attempts to bring Russia back to peace talks. As a result, crude oil surged nearly US$3 per barrel, supporting vegetable oils. Chicago soyoil and Malaysian palm
IGC raises 2025/26 world wheat crop forecast
The International Grains Council has raised its forecast for 2025/26 global wheat production with crop outlooks upgraded for Russia, the United States and Argentina.
Global Markets: Retail sales increase in August
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Thursday that retail sales increased one per cent at C$70.4 billion in August. StatCan attributed the bump up to gains in the auto sector. Sales at motor vehicle and parts dealers were up
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was steady Thursday morning, showing little movement despite a rally in crude oil. At 9:00 a.m. CDT the Canadian dollar was trading at US$0.7144 or US$1=C$1.3998 which compares with Wednesday’s close of US$0.7145 or US$1=C$1.3996. Retail sales in Canada increased 1.0 per cent in August, to C$70.4
ICE Canada Morning Comment: Canola higher on sharp gains in crude oil
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher Thursday morning, building on overnight gains. The increases are a direct result of hikes in crude oil as the Trump administration slapped more sanctions on Russian oil, with the spillover flowing into the vegetable oils. Besides canola, that generated upswings in
Canadian financial close: C$ at two-week highs
Glacier FarmMedia — The Canadian dollar was stronger on Wednesday, hitting its highest levels in two weeks relative to its United States counterpart. Optimism over upcoming trade talks between the two countries contributed to the firmer tone in the currency. The Canadian dollar settled at US$0.7145 or US$1=C$1.3996, which compares with Tuesday’s close of
U.S. grains: Soybean futures inch higher on China trade optimism
U.S. soybean futures firmed on Wednesday as traders remained hopeful for progress in trade talks with top soy buyer China and on a Japanese proposal to increase U.S. soy purchases, deals that could help U.S. farmers avert major losses.
North American Grain/Oilseed Review: Canola lower, U.S. grains higher
Glacier FarmMedia – Canola futures on the Intercontinental Exchange ended a choppy session on Wednesday, finishing lower on mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were down while European rapeseed was up. Crude oil gained more than US$1 per barrel on reports of a weekly draw in United States crude oil and gasoline stockpiles.
CBOT Weekly: China, shutdown guiding the market
The United States grain and oilseed markets are currently dominated by two factors, said Ryan Ettner, broker with Allendale Inc. in McHenry, Ill. Ettner said those are the absence of a trade deal with China and the ongoing United States government shutdown.
Cyber-Savvy Farmer
