Markets
Glacier FarmMedia — The Canadian dollar held relatively steady on Thursday. The Canadian dollar settled at US$0.7167 or US$1=C$1.3952, which compares with Wednesday’s close of US$0.7169 or US$1=C$1.3949. TD Bank, BMO Financial Group and CIBC all reported solid fourth quarter profits, which investors took as a sign of a healthy economy. Canadian […] Read more
Canadian financial close: C$ steady
North American Grain/Oilseed Review: Record crop for Canadian canola
Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to move lower on Thursday after Statistics Canada released its latest principal field crop estimates earlier in the day. StatCan reported a record canola crop of 21.80 million tonnes, 1.77 million more than its September estimate and 2.56 million more than last year’s crop. […] Read more
ICE Midday: StatCan reports record canola crop
Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued their downturn on Thursday after Statistics Canada released bearish figures for the oilseed. StatCan reported 2025-26 canola production at a record 21.80 million tonnes, 1.77 million more than the September estimate and 2.56 million more than last year’s crop. An analyst said the production estimate […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was holding relatively steady Thursday morning, finding some direction from updated quarterly earnings reports from several Canadian banks. At 9:20 a.m. CST the Canadian dollar was trading at US$0.7167 or US$1=C$1.3953 which compares with Wednesday’s close of US$0.7169 or US$1=C$1.3949. TD Bank, BMO Financial Group and CIBC […] Read more
Global Markets: Record large crops for canola, wheat: StatCan
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported record large crops for canola and all wheat in its principal field crop estimates released on Thursday. Canola production for 2025-26 was pegged at 21.80 million tonnes, about 1.77 million more than the […] Read more
Record large Canadian wheat and canola crops: Statistics Canada
Canadian wheat and canola production in 2025/26 (Aug/Jul) surpassed early expectations to hit new record highs, according to updated survey-based estimates from Statistics Canada released Dec. 4.
ICE Canada Morning Comment: Record canola crop
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures continued lower on Thursday morning, following the Statistics Canada’s production of principal field crops report. StatCan boosted its canola production estimate for 2025/26 to a record 21.80 million tonnes, on the high side of pre-report predictions. The previous record was 21.46 million tonnes […] Read more
U.S. grains: Corn, wheat ease after gains driven by Black Sea jitters
Chicago | Reuters – U.S. corn futures fell on Wednesday and wheat futures also dipped as fears eased about a military escalation in the Black Sea grain export region, analysts said. Soybeans declined on uncertainty about Chinese demand for U.S. supplies of the oilseed. Chicago Board of Trade March corn futures CH26 were down 6-1/2 […] Read more
Canadian financial close: C$ strengthens
Glacier FarmMedia — The Canadian dollar was stronger on Wednesday, underpinned by gains in the energy sector and solid earnings reports from domestic banks. The Canadian dollar settled at US$0.7169 or US$1=C$1.3949, which compares with Tuesday’s close of US$0.7150 or US$1=C$1.3986. The Royal Bank of Canada and National Bank of Canada both reported […] Read more
CBOT Weekly: Watching for Chinese soybean purchases
As activity at the Chicago Board of Trade shifts into holiday mode through the New Year, independent analyst Terry Reilly pointed to three things to watch over the next few weeks.
Cyber-Savvy Farmer
