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Canadian Financial Close: Loonie edges upwards

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar bumped up on Tuesday, supported by declines in the United States dollar and despite sharp losses in crude oil. The loonie closed at US$0.7274 or US$1=C$1.3748 compared to Monday’s close of US$0.7262 or US$1=C$1.3770. On the U.S. Dollar Index, the greenback was down […] Read more



Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: CBOT wheat sets fresh lows on supply pressure, Ukraine ceasefire talks

Chicago | Reuters – Chicago Board of Trade wheat futures extended losses for a third session on Tuesday, slumping to fresh lows as the most-active contract hovered near prices not seen since late October, while bumper harvests in Argentina and Australia underscored hefty global supplies. The Rosario Grains Exchange last week raised its production estimate […] Read more



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U.S. livestock: Cattle rise, hogs recoup losses

Chicago live and feeder cattle futures rose on Tuesday while hog contracts regained Monday’s losses. Most-active February live cattle futures closed at 230.700 cents a pound, up 0.150 cents. June live cattle settled up 0.275 cents at 223.700 cents per pound. Most-traded January feeder cattle gained 3.400 cents to close at 343.325 cents a pound […] Read more

ICE canola dropping with crude, vegetable oils

Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Tuesday, hitting their lowest levels since March 2025. The move below C$600 per tonne in the nearby January contract was bearish from a technical standpoint. An analyst expected the March contract was also headed towards that level, as the futures converge ahead of the […] Read more


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Klassen: Feeder market sees wide price range

For the week ending December 13, Western Canadian feeder cattle markets traded $10 higher to $10 lower compared to seven days earlier. Overall volumes were lower compared to previous weeks which contributed to the wide price range across the Prairies. Adverse weather and variable quality were also factors influencing the price structure. Major operations more […] Read more

Global Markets: Crude oil drops Tuesday

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices slipped to their lowest levels in over six months on Tuesday, as optimism over peace talks to end the war between Russia and Ukraine weighed on values. Weak economic data out of China was also […] Read more


January canola falls below C$600/tonne

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were still sliding back on Tuesday morning with no support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red. Crude oil was down by more than US$1 per barrel due to a stalling Chinese economy and progressing Russia-Ukraine peace […] Read more