Markets
The Canadian dollar weakened relative to its United States counterpart on Thursday as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7195 or US$1=C$1.3899, which compares with Wednesday’s close of US$0.7206 or US$1=C$1.3877. Canadian Prime Minister Mark Carney is in China this week, with trade a key topic of […] Read more
Canadian financial close: C$ softens Thursday
North American Grain/Oilseed Review: Soybeans rise higher, grains in red
Glacier FarmMedia – SOYBEAN futures at the Chicago Board of Trade extended their rallies, with the March contract up by double digits. The United States Department of Agriculture reported export sales of 2025-26 soybeans totalled 2.062 million tonnes for the week ended Jan. 8, exceeding the trade’s expectations. Export sales for 2025-26 and 2026-27 soymeal […] Read more
Feed grains weekly: Large U.S. corn crop to weigh on values
Confirmation of a record-large corn crop in the United States should keep feed grain bids in Western Canada under pressure in the near term, as the domestic market works to remain competitive.
ICE Midday: Canola fuelled by vegetable oils
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were making solid gains in the middle of Thursday trading, receiving support from vegetable oils. A Reuters report said that the United States will finalize its biofuel quotas by March and drop import penalties, giving a boost to oilseeds. Malaysian palm oil was mixed, but European […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was weaker Thursday morning as losses in crude oil weighed on the currency. At 9:17 a.m. CST the Canadian dollar was trading at US$0.7185 or US$1=C$1.3918 which compares with Wednesday’s close of US$0.7206 or US$1=C$1.3877. Canadian manufacturing sales in Canada fell 1.2 per cent in November to C$70.8 billion, […] Read more
Global Markets: Canadian dies in Iran
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – A Canadian has died in Iran during widespread anti-government protests, said Global Affairs Canada and confirmed by CTV News on Thursday. Consular officials have been in touch with the person’s family in Canada. No other details […] Read more
ICE Canada Morning Comment: Strong increases for canola
By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were higher on Thursday morning, building on gains from the overnight session and despite weakness in comparable oils. With sharp losses in crude oil there were declines in Chicago soyoil and Malaysian palm oil, while MATIF rapeseed was steady to lower. Gains in Chicago soybeans […] Read more
Canadian financial close: C$ firm Wednesday
Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart on Wednesday. The Canadian dollar settled at US$0.7206 or US$1=C$1.3877, which compares with Tuesday’s close of US$0.7201 or US$1=C$1.3886. Canadian Prime Minister Mark Carney is on a trade mission to China this week. The trip is the first by a […] Read more
U.S. grains: Corn, soybeans recover from 3-month low on technical bounce
Chicago | Reuters – Chicago corn and soybean futures steadied on a technical bounce on Wednesday after sliding to their lowest since October this week, with traders weighing larger-than-anticipated U.S. supply forecasts, Chinese demand and crop prospects in South America. Wheat futures were little changed as the market also paused following losses triggered by U.S. […] Read more
U.S. livestock: Cattle futures retreat on profit taking
Chicago | Reuters – Chicago Mercantile Exchange cattle futures slid on Wednesday on a round of profit taking following multi-month highs set during the previous session, analysts said. Cattle futures had climbed the previous day on a tight cattle supply and strong packer demand. “We were fairly overbought in the short term, so you saw […] Read more
Cyber-Savvy Farmer
