Markets
Glacier FarmMedia – The Canadian dollar stepped back on Friday morning, following the latest Statistic Canada unemployment report. As of 8:36 am CDT, the Canadian dollar was at US$0.7299 or US$1=C$1.3698 compared to Thursday’s close of US$0.7344 or US$1=C$1.3617. On the United States Dollar Index, the greenback bumped up 0.286 of a point at 99.790. […] Read more
Canadian Dollar and Business Outlook: Loonie dips below 73 U.S. cents
Feed grains weekly: Prices bump up
To Darcy Haley, vice-president of Ag Value Brokers in Lethbridge, there are two main reasons for recent increases for feed barley and wheat. Haley said on March 12 that there’s an ongoing lack of farmer selling, plus stiff competition from the grain companies looking to export barley.
Canadian Financial Close: No break for loonie
By Glen Hallick Glacier FarmMedia – The Canadian dollar continued to fade on Thursday, unable to climb higher on large upswings in crude oil. The loonie finished at US$0.7344 or US$1=C$1.3617 compared to Wednesday’s close of US$0.7360 or US$1=C$1.3587. On the United States Dollar Index, the greenback advanced 0.520 of a point at 98.500. Benchmark […] Read more
U.S. grains/oilseeds review: Soybeans continue higher with crude oil
SOYBEAN futures at the Chicago Board of Trade were stronger on Thursday, as continued strength in crude oil remained supportive. Crude oil was higher amid the escalating war in the Middle East, disrupting production and movement in the region. Cargill has reportedly stopped shipping soybeans from Brazil to China due to a change in Brazilian […] Read more
ICE review: Canola holds onto small gains Thursday
Glacier FarmMedia — The ICE Futures canola market was stronger on Thursday, taking some direction from activity in outside markets. Gains in crude oil amid the ongoing conflict in the Middle East remained supportive for global vegetable oil markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Widening canola crush margins contributed […] Read more
CBOT Weekly: Middle East conflict continues to rattle markets
The conflict in the Middle East is raising crop prices and plenty of price instability in the markets.
ICE canola continues higher in choppy trade
Glacier FarmMedia — ICE Futures canola contracts were stronger at midday Thursday, but off their session highs in choppy activity. Gains in crude oil amid the ongoing conflict in the Middle East remained supportive for global vegetable oil markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher on the day. Widening canola […] Read more
ICE canola outlook: Upside unknown given geopolitical risks
Canola futures climbed higher during the week ended March 11, finding spillover support from advances in crude oil due to the escalating conflict in Iran and surrounding countries.
Expana cuts EU wheat, barley export outlook due to Middle East war
Consultancy Expana lowered its forecast for European Union soft wheat exports in the 2025/26 season for a fifth consecutive month after reducing projected wheat and barley shipments to the Middle East due to the war in the region, it said on Thursday.
Manitoba farmers not too likely to change planting plans
Manitoba farmers won’t be too inclined this spring to switch from planting cereals and oilseeds to soybeans or pulses, despite recent hikes in fertilizer prices said an official with Manitoba Agriculture.
Cyber-Savvy Farmer
