Markets
SOYBEAN futures at the Chicago Board of Trade were stronger on Thursday, as crude oil prices continued to increase significantly with spillover going into the vegetable oils. The United States Department of Agriculture issued its export sales report, showing old crop soybean sales of 383,500 tonnes for the week ended Feb. 26. Those were towards […] Read more
U.S. Grain/Oilseed Review: Strong increases in Chicago
ICE Closing Review: Stronger crude pulls along vegetable oils
StatCan releases planting projections
By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were stronger on Thursday, as hikes in crude oil pulled the vegetable oil markets higher. As the ongoing conflict in the Middle East propelled the surge in crude oil, there were gains in Chicago soybeans and soyoil, plus MATIF rapeseed and Malaysian palm oil. Meanwhile, […] Read more
Farmers expected to boost canola area beyond Statistics Canada intentions report
Canadian farmers might plant more canola acres than the 21.8 million that Statistics Canada reported in its seeding intentions report released on Thursday morning, analysts told Reuters.
ICE Canola Midday: Crude pushing canola, veg oils higher
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were stronger late Thursday morning, riding the spillover from sharp gains in crude oil. Crude continued its rally as the Middle East war carried on. That saw increases in MATIF rapeseed and Malaysian palm oil. “The market is starting to understand how (the […] Read more
ICE canola at seven-month highs, still rising with oil
Glacier FarmMedia — ICE canola futures were stronger Thursday morning, hitting their highest levels in seven months. The Iran war kept crude oil values climbing higher on Thursday, with that strength spilling into the vegetable oil markets. Gains in Chicago soyoil, Malaysian palm oil and European rapeseed futures were all contributing to the firmer […] Read more
Global Markets: Day Six of Middle East war
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Thursday marked the sixth day of the Middle East war, highlighted by Iran and Israel exchanging attacks. An Iranian ayatollah on state TV called for the “shedding” of blood of United States President […] Read more
Canadian Dollar and Business Outlook: Loonie virtually unchanged, Middle East conflict rages on
Glacier FarmMedia – The Canadian dollar was relatively steady on Thursday morning after a new round of strikes in the Middle East fuelled rising crude oil prices. The loonie was at US$0.7320 or US$1=C$1.3661 as of 8:41 a.m. CST, compared to Wednesday’s close at US$0.7319 or US$1=C$1.3664. The United States Dollar Index increased by […] Read more
ICE Canada Weekly: U.S. biodiesel mandate will be a boon for canola
Canola is poised for more gains as the trade awaits the Trump administration’s decision on the latest biodiesel mandate, said Jamie Wilton, broker with RJ O’Brien in Winnipeg.
CBOT weekly: Planted area in focus
The seasonal fight for acres between soybeans and corn is in full swing in the United States as markets wait to get a clearer picture on planting intentions for the 2026 growing season.
Canadian Financial Close: Markets in positive territory
Glacier FarmMedia – The Canadian dollar was higher on Wednesday as crude oil prices continued to rise. The loonie closed at US$0.7319 or US$1=C$1.3664, compared to US$0.7308 or US$1=C$1.3684 on Tuesday. The United States Dollar Index shed 0.26 of a point at 98.79. Crude oil ended the day higher after Iran denied a […] Read more
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