Markets
Glacier FarmMedia – SOYBEANS traded rangebound and had little movement on the Chicago Board of Trade on Monday. The United States Department of Agriculture reported 528,427 tonnes of soybeans were inspected for export during the week ended March 26, down 28.3 per cent from the week before and 47.4 per cent from the same week […] Read more
U.S. Grain/Oilseed Review: Soybeans steady, mixed sentiment for corn, wheat
Pulse Weekly: India to make pulse tariff announcement on Tuesday
Canadian lentil, pea prices down over last 12 months
Canadian peas and lentils could experience some shifts come March 31, as India is set make an announcement on its pulse import duties that Tuesday.
ICE Closing Review: Canola supported by comparable oils
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were influenced by rising crude oil prices on Monday as there is no end in sight to the war in Iran. In addition, May canola tested the C$740 per tonne resistance level. An analyst said Houthi rebels entering the conflict will prolong it and raise crude […] Read more
ICE Midday: Crude oil lifts canola, vegetable oils
Glacier FarmMedia – Canola futures on the Intercontinental Exchange rose by double digits in the middle of Monday trading, mirroring the direction taken by comparable oils. An analyst said that May canola could encounter resistance at C$740 per tonne, adding that Houthi rebels entering the war in Iran will prolong the conflict and raise oil […] Read more
Global Markets: Trump threatens Iran with air strikes
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. In a post on Truth Social on Monday, United States President Donald Trump threatened to destroy Iran’s energy and power infrastructure, as well as capture Kharg Island if the Strait of Hormuz were […] Read more
Canadian Dollar and Business Outlook: Loonie sliding back
By Glen Hallick Glacier FarmMedia – The Canadian dollar was lower on Monday morning, as the United States dollar continued to gain strength and despite stronger crude oil prices. As of 8:50 am CDT, the Canadian dollar was at US$0.7179 or US$1=C$1.3929 compared to Friday’s close of US$0.7207 or US$1=C$1.3875. On the U.S. Dollar Index, […] Read more
ICE canola follows comparable oils
Glacier FarmMedia – Canola futures on the Intercontinental Exchange turned higher on Monday morning, supported by rising comparable oils and a weaker Canadian dollar. United States President Donald Trump threatened on Monday to destroy Iran’s oil wells, power plants and the Kharg Island fuel hub if the Strait of Hormuz is not re-opened, raising crude […] Read more
Canadian Financial Close: Loonie, U.S. stock markets decline
Glacier FarmMedia – The Canadian dollar remained in retreat on Friday while crude oil prices climbed higher. The loonie closed at US$0.7207 or US$1=C$1.3875, compared to US$0.7223 or C$1=C$1.3844 on Thursday. The United States Dollar Index gained 0.26 of a point at 100.16. Despite U.S. President Donald Trump extending his deadline for Iran […] Read more
ICE review: Canola falls with soy complex after early gains
Glacier FarmMedia — The ICE Futures canola market was weaker on Friday, retreating from early gains as losses in the Chicago soy complex weighed on values. Updated biofuel targets from the United States government were generally seen as supportive for vegetable oil demand, but the new regulations were expected and profit-taking ahead of the weekend […] Read more
CBOT review: Soybeans drop after biofuel announcement
SOYBEAN futures at the Chicago Board of Trade were weaker on Friday, seeing a “buy the rumour, sell the fact” reaction to updated biofuel targets from the United States government. The United States government set biofuel targets for 2026 at 26.81 billion RINs and 27.02 billion RINs for 2027. Large refiners will be required to […] Read more