Markets
Riding optimism in U.S. soy By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Most canola futures on the Intercontinental Exchange ended Monday on a slightly higher note, after earlier increases largely faded away. The more deferred positions saw their gains turn into losses. Canola was stronger on the likelihood of a United States/China trade deal […] Read more
North American Grain and Oilseed Review: Canola struggles to cling to gains
Canadian Grain Commission to use surplus to avoid fee increases
The Canadian Grain Commission will continue to use its surplus to cover budget shortfalls and avoid potential fee increases until 2028, the federal agency announced Monday, Oct. 27.
ICE Canola Midday: Spillover from potential U.S./China trade deal
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were climbing higher late Monday morning, benefitting from news of a potential trade deal between the United States and China. That pushed the Chicago soy complex higher, with spillover finding its way into canola. Additional support came from increases in European […] Read more
The U.S. corn crop could be the biggest ever. That’s terrible news for America’s farmers.
The USDA predicts a record corn crop for U.S. farmers, who question the agency’s accuracy amidst high debt and low crop prices.
Global Markets: China, U.S. on road to trade deal
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The United States and China have reached an agreement on a potential trade deal, reports said on Monday. The announcement came ahead of the scheduled meeting between U.S. President Donald Trump and Chinese […] Read more
Canadian Dollar and Business Outlook: Loonie steady, gold falls
Glacier FarmMedia — The Canadian dollar remained relatively steady on Monday. The loonie was at US$0.7140 or US$1=C$1.4006 as of 8:48 a.m. CDT, compared to Friday’s close at US$0.7136 or US$1=C$1.4014. The United States Dollar Index was down 0.11 of a point at 98.84. U.S. President Donald Trump told reporters on Air Force […] Read more
ICE canola strengthens on trade optimism Monday morning
Glacier FarmMedia — ICE canola futures were stronger Monday morning, touching their highest levels in the past month as optimism over trade negotiations with China provided some support. Prime Minister Mark Carney is expected to speak with Chinese president Xi Jinping at the sidelines of the Association of Southeast Asian Nations (ASEAN) summit in Malaysia […] Read more
Canadian financial close: C$ softer Friday
Glacier FarmMedia — The Canadian dollar was softer on Friday, amid escalating trade tensions with the United States. The Canadian dollar settled at US$0.7136 or US$1=C$1.4014, which compares with Thursday’s close of US$0.7146 or US$1=C$1.3993. U.S. President Donald Trump posted to social media Thursday night that all trade talks with Canada were terminated, […] Read more
Canadian trade data delayed by U.S. government shutdown
Canadian international trade data for September will be delayed indefinitely due to the ongoing partial shutdown of the United States government, Statistics Canada said Friday, Oct. 24.
