U.S. Grain/Oilseed Review: Soybeans suffer severe losses

Glacier FarmMedia – Old crop SOYBEAN futures at the Chicago Board of Trade were down limit 70 United States cents per bushel after China signaled a willingness to buy more U.S. crops, but not necessarily soybeans, after meetings between respective trade representatives in Paris over the weekend. U.S. President Donald Trump commented on Sunday that […] Read more

ICE Closing Review: Canola under pressure by soybeans

Glacier FarmMedia – Canola futures on the Intercontinental Exchange ended Monday trading with heavy losses due to doubts over additional Chinese purchases of United States soybeans. In a meeting in Paris between U.S. Treasury Secretary Scott Bessent and Chinese trade officials over the weekend, the latter expressed interest in purchasing U.S. ag goods, but not […] Read more



ICE Midday: Canola tumbles after Trump’s comments

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were seeing double-digit losses in Monday trading, following the lead of comparable oils. United States President Donald Trump said on Sunday that he has had “some positive response” to his call for nations to send military help to secure the Strait of Hormuz. As a result, […] Read more


Global Markets: StatCan reports lower inflation

The following is a glance at the news moving markets in Canada and globally.      – Statistics Canada reported on Monday that the country’s annual inflation rate declined to 1.8 per cent in February, down a half point from January and slightly under economists’ expectations. Affecting inflation was the federal government’s tax holiday on certain […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was firmer relative to its United States counterpart Monday morning. At 9:47 a.m. CDT the Canadian dollar was trading at US$0.7322 or US$1=C$1.3657 which compares with Friday’s close of US$0.7291 or US$1=C$1.3716. Canada’s consumer price index (CPI) increased by 1.8 per cent on an annual basis in February, slowing […] Read more


ICE Canada Morning Comment: Canola weaker with other oils

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were falling back on Monday morning, pressured by weakness in most comparable oils. There were sharp declines in the Chicago soy complex and crude oil, along with more modest losses in MATIF rapeseed. Malaysian palm oil tracked higher, tempering some of sharpness in […] Read more