Markets
SOYBEAN futures at the Chicago Board of Trade were higher on Thursday, with gains in soyoil much stronger due to more hikes in crude oil. Iran rejected the 15-point ceasefire proposal put forth by United States President Donald Trump on Wednesday. Iran countered with a five-point plan that included it getting control of the Strait […] Read more
U.S. Grain/Oilseed Review: More gains in Chicago
ICE Closing Review: Rally continues into third day
By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures remained positive on Thursday, gleaning support from comparable oils. With the ongoing war in the Middle East, crude oil continued to rise sharply. That led to increases in the Chicago soy complex, MATIF rapeseed and Malaysian palm oil. While the stronger prices for canola […] Read more
Pulse Weekly: War, weather affecting Manitoba pulse prospects
Manitoba pulses could be affected by the ongoing war in Iran as well as spring weather, said the former executive director of Manitoba Pulse & Soybean Growers.
Brazil soybean planting outlook hinges on Middle East war, says Agroconsult
Brazil’s soybean planting area is expected to remain stable in the upcoming 2026/27 season, but the scenario depends heavily on how long the U.S.-Israeli war on Iran lasts, agribusiness consultancy Agroconsult said on Wednesday.
ICE Canola Midday: Increases receding
By Glen Hallick Glacier FarmMedia – Gains in canola futures on the Intercontinental Exchange were fading by mid-session Thursday, despite support from most comparable oils. Iran rejected the ceasefire proposal from United States President Donald Trump and now the market waits to see if he makes good on his threat to attack Iranian energy and […] Read more
ICE canola turns lower Thursday morning
Glacier FarmMedia — ICE canola futures turned lower Thursday morning, retreating from overnight gains. Mixed signals over the war in the Middle East kept caution in the markets, after nearly four weeks of conflict. Gains in crude oil provided some spillover support for the oilseeds, with Chicago soyoil also holding onto small gains. However, […] Read more
Global Markets: Iran says no to Trump ceasefire plan
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Iran rejected the 15-point plan for a ceasefire on Wednesday from United States President Donald Trump via Pakistan. Iran countered with its five-point plan that includes it having control over the Strait of […] Read more
Canadian Dollar and Business Outlook: Loonie down, crude oil moves up
Glacier FarmMedia – The Canadian dollar continued to ease off on Thursday morning although crude oil prices regained their upward momentum. The loonie was at US$0.7230 or US$1=C$1.3831 as of 8:35 a.m. CDT, compared to Wednesday’s close at US$0.7246 or US$1=C$1.3801. The United States Dollar Index was up 0.29 of a point at 99.89. […] Read more
Canadian Financial Close: Loonie down, TSX surges
Glacier FarmMedia – The Canadian dollar declined for the second straight day on Wednesday as crude oil prices eased off. The loonie closed at US$0.7246 or US$1=C$1.3801, compared to US$0.7267 or C$1=C$1.3761 on Tuesday. The United States Dollar Index gained 0.20 of a point at 99.63. Crude oil retreated after the U.S. […] Read more
ICE Canada Weekly: More behind canola, soyoil than crude oil prices
There’s more to canola futures on the Intercontinental Exchange than crude oil and vegetable oils prices, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg.