Markets
Glacier FarmMedia — Canola futures on the Intercontinental Exchange closed Wednesday on a high note, with the March contract surpassing the C$650 per tonne level. An analyst said March canola’s next target is C$670/tonne, just above its 200-day moving average. Chicago soyoil was higher with support from two fronts. The United States Treasury Department […] Read more
North American Grain/Oilseed Review: Canola rises, soybeans surge after Trump announcement
ICE Midday: Canola rises on soy complex support
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were boosted by vegetable oils in the middle of Wednesday trading, which allowed the March contract to surpass the C$650 per tonne level. Chicago soyoil continued its rally, which was aided by United States President Donald Trump’s announcement that China has agreed to purchased 20 million […] Read more
Prairie CWRS wheat bids mixed to start February
Canada Western Red Spring wheat bids held relatively steady during the week ended Feb. 3, with small price declines in some areas and increases in others.
Global Markets: Most Canadians support Chinese EVs: poll
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – A new poll by Leger released on Wednesday suggests that most Canadians support the sale of Chinese electric vehicles. Sixty-one per cent of respondents said they supported allowing more Chinese EVs into the market, with 24 […] Read more
Bunge forecasts 2026 profit below estimates on macroeconomic uncertainty
Bunge Global on Wednesday reported a 2026 profit outlook below analysts’ expectations.
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Wednesday morning, At 8:52 a.m. CST the Canadian dollar was trading at US$0.7318 or US$1=C$1.3665 which compares with Tuesday’s close of US$0.7325 or US$1=C$1.3652. U.S. Vice President JD Vance said at a meeting of more than 50 countries Wednesday that […] Read more
ICE Canada Morning Comment: Canola pushing higher
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Wednesday morning, getting support from other vegetable oils. There were increases in Chicago soyoil, MATIF rapeseed and Malaysian palm oil, but losses in Chicago soybeans and soymeal. Crude oil was relatively steady, providing little direction to the veg oils. The […] Read more
Canadian financial close: C$ firm Tuesday
Glacier FarmMedia — The Canadian dollar was firm on Tuesday, with advances in precious metals and crude oil underpinning the currency. The Canadian dollar settled at US$0.7325 or US$1=C$1.3652, which compares with Monday’s close of US$0.7312 or US$1=C$1.3676. Shifting geopolitical tensions were supporting energy markets on Tuesday, with Monday’s announced trade deal between the U.S. […] Read more
U.S. grains: Chicago corn, soy prices recover on updated biofuel guidance
Chicago | Reuters – Chicago grain and soybean futures regained ground on Tuesday as a selloff in commodity markets subsided and after the U.S. Treasury Department released updated guidance on biofuel tax credits, analysts said. The most-active soybean contract on the Chicago Board of Trade Sv1 settled 5-1/2 cents higher at $10.65-3/4 a bushel, recovering […] Read more
North American Grain/Oilseed Review: Canola, CBOT futures rise
Glacier FarmMedia -– Canola futures at the Intercontinental Exchange on Tuesday rebounded from Monday’s losses, thanks to support from comparable oils. An analyst said that the canola trade was getting “back to fundamentals” and a move above C$650 per tonne would be supportive from a chart standpoint. However, he questioned if the market would […] Read more
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