Corn futures at the Chicago Board of Trade have climbed steadily higher over the past two months, although the uptrend could soon run into resistance as the grain nears overbought territory and farmers will be looking to make some sales.
Markets/Business — page 50
Rallying corn futures nearing resistance
Chicago corn just shy of $5.00
Steel tariffs could make North American corn more costly
St. Lawrence could see increased freight rates for grains and oilseeds
If President Trump puts tariffs on steel, this will increase freight rates for grains and oilseeds out of the St. Lawrence due to lower vessel traffic.
Upswings in most December grain deliveries
Declines in rye, flax
Deliveries of major grains increased from December to December, according to data released by Statistics Canada on Jan. 29.
December canola crush pushes higher
Canola crush exceeds 1 million tonnes
Data released by Statistics Canada on Jan. 29 showed the December crush of canola and soybeans came in higher than a year ago.
U.S. grains: Soybeans flat, corn, wheat rise as market awaits Trump tariff action
Chicago grain futures turned higher on Tuesday, as investors adjusted positions while they waited to see if U.S. President Donald Trump would follow through on threats to impose 25 per cent tariffs on imports from Canada and Mexico this weekend, analysts said.
Pulse Weekly: Supply and demand ‘sideways’ says broker
‘If prices move up, they move up big time, but they won’t drop overnight’
Lentil prices on the Canadian Prairies were steady in late-January, which a broker noted is typical for this time of year. Marcos Mosnaim of Prairie IX said the forces of supply and demand are standing pat, leading to no price fluctuations.
Klassen: Western Canadian feeder market holds value on Ontario demand
For the week ending January 25, Western Canadian feeder cattle markets traded $$3-$6/cwt on either side of unchanged compared to seven days earlier. Higher quality genetics and lower flesh replacements were slightly firmer; however, feedlot operators incorporated the appropriate discounts on fleshier types and lower efficiency, smaller frame animals.
Buenos Aires desk cuts Argentine corn, bumps up wheat
Crops affected differently by weather
As Argentina continues to face dry conditions, the United States Department of Agriculture attaché in Buenos Aires cut their estimate for the country's 2024/25 corn crop. Meanwhile the attaché bumped up their call on the Argentine wheat harvest, which was recently completed.
U.S. grains: Soybeans, corn drop as Trump tariff worries rise
Chicago Board of Trade corn and soybean futures fell on Monday, with traders hedging their positions in case the Trump administration implements tariffs on goods from major U.S. trading partners, according to analysts.
U.S. threatening Canada’s canola oil industry
Chinese used cooking oil another threat
Canada's canola oil industry is facing two threats from the United States, said Chris Vervaet, executive director of the Winnipeg-based Canadian Oilseed Processors Association.
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