Markets
Western Canadian chickpeas saw stable prices and its largest crop in two decades.
Pulse Weekly: Steady prices, high production for chickpeas
Canadian Financial Close: Loonie, stock markets down
Glacier FarmMedia – The Canadian dollar closed at its lowest level in two weeks on Thursday. The loonie dropped to US$0.7102 or US$1=C$1.4080, compared to US$0.7123 or US$1=C$1.4040 on Wednesday. The United States Dollar Index was up 0.02 of a point at 100.25. The U.S. Labor Department confirmed on Wednesday it will not […] Read more
North American Grain and Oilseed Review: Weakness in veg oils erode canola’s increases
Another day of losses in Chicago
By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures were virtually unchanged on Thursday, unable to retain their gains from earlier in the session. Although canola tried to resume its post-harvest upward trend, pressure from losses in the Chicago soy complex and Malaysian palm oil proved to be too much to fend […] Read more
Funds held large net short in canola before U.S. shutdown
Speculative fund traders were adding to a recently-established net short position in canola at the end of September, said the first Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) since the end of the U.S. federal government shutdown.
ICE Canola Midday: Resuming seasonal trend upward
Mixed support from comparable oils
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were clinging to small increases on Thursday morning, as part of the seasonal trend to climb higher following the end of harvest, an analyst said. The analyst added that canola could be still trying to catch up to the increases made by Chicago […] Read more
IGC raises 2025/26 world wheat, corn crop forecasts
Global stocks of grain are set to increase during the 2025/26 season for the first time in four years, the International Grains Council said on Thursday as it raised its forecasts for both wheat and corn crops.
Global Markets: Nvidia stronger than ever
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Stock in Nvidia jumped five per cent in premarket trade on Thursday, after the artificial intelligence technology giant announced it exceeded revenue forecasts. On Wednesday, Nvidia reported that its third quarter earning were […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil in opposite directions
Glacier FarmMedia – The Canadian dollar was slightly lower on Thursday morning, despite increases in crude oil. The loonie was at US$0.7118 or US$1=C$1.4049 as of 8:36 a.m. CST, compared to Wednesday’s close at US$0.7123 or US$1=C$1.4040. The United States Dollar Index was down 0.07 of a point at 100.15. Crude oil prices […] Read more
ICE canola rising Thursday morning
Glacier FarmMedia — ICE canola futures were posting small gains Thursday morning, taking back some of Wednesday’s losses as speculators adjusted positions. Advances in Chicago soybeans provided spillover support, although soyoil was softer. Outside markets were also mixed, with gains in European rapeseed and a weaker tone in Malaysian palm oil. Canola futures remained relatively […] Read more
U.S. livestock: Cattle futures slide under pressure from weak cash prices
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled under pressure from weakness in the cash market on Wednesday, traders said. Lean hog futures rebounded after sliding on Tuesday to their lowest level in about seven months. In the cash market, cattle traded at mostly $228 per hundredweight in southern […] Read more
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