Markets
Glacier FarmMedia — The Canadian dollar was slightly softer at Tuesday’s close, with positioning ahead of jobs data due out later in the week behind some of the activity. The Canadian dollar settled at US$0.7150 or US$1=C$1.3986, which compares with Monday’s close of US$0.7154 or US$1=C$1.3979. The Organization for Economic Cooperation and Development […] Read more
Canadian financial close: C$ softens slightly
Calling for bigger crops ahead of StatCan report
Statistics Canada will release its first survey-based production estimates for the 2025/26 crop year on Dec. 4, with general expectations for upward revisions to most major crops from the model-based estimates in September. However, as StatCan has shown a tendency to underestimate production in its December reports, many analysts expect actual production may be revised upward in subsequent reports.
North American Grain/Oilseed Review: Canola, soybeans lower
Glacier FarmMedia -– Canola futures on the Intercontinental Exchange were lower after choppy trade throughout the day. An analyst said there was “lots of resistance” as January canola approached the C$650 per tonne mark. On the other hand, January Chicago soyoil could soon break above 53 U.S. cents per pound, which may lift canola […] Read more
U.S. grains: Corn, wheat futures climb on Black Sea tensions
Chicago corn and wheat futures rose on Tuesday, lifted by worries about tensions in the Black Sea grain export region as well as cold weather slowing grain movement in the U.S. Midwest, analysts said. Soybeans were lower.
Pulse weekly: Record Australian pulse crop expected
Australian pulse production is expected to set a record for the second year in a row in 2025/26, with a slight decline in the chickpea crop countered by increased lentil production, said the Australian Bureau of Agricultural and Resource Economics (ABARES) in its December crop report.
ICE Midday: Canola holds steady
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were virtually unchanged in the middle of Tuesday trading as trading had been choppy. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. However, crude oil eased off as officials from the United States and Russia met in Moscow today to discuss a potential end […] Read more
Klassen: Feeder market has volatile week
For the week ending November 29, Western Canadian feeder cattle markets traded $10/cwt higher to 10/cwt lower compared to seven days earlier. Markets were hard to define given the volatility and emotional behavior. Certain larger operations were extremely aggressive securing ownership across Western Canada while Ontario demand was more prevalent late in the week. Alberta […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was slightly softer Tuesday morning. At 8:58 a.m. CST the Canadian dollar was trading at US$0.7145 or US$1=C$1.3996 which compares with Monday’s close of US$0.7154 or US$1=C$1.3979. The Organization for Economic Cooperation and Development (OECD) raised its forecast for growth in the world economy in 2025 to […] Read more
Global Markets: Carney shuffles his cabinet
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. – Prime Minister Mark Carney shuffled his cabinet on Monday, adding Marc Miller as the new minister of Canadian identity, culture and official languages. Miller was previously a cabinet minister under the Justin Trudeau government. In addition, […] Read more
ICE Canada Morning Comment: Canola dips lower
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures dipped lower on Tuesday morning, after starting the session on the upswing. Pressure came from losses in Chicago soyoil, but there were gains in soybeans and soymeal. Malaysian palm oil and MATIF rapeseed were also climbing upward, but declines in crude oil pressured […] Read more
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