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
U.S. Grain/Oilseed Review: Soybeans suffer severe losses
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
Pulse weekly: Canadian pea exports up in January, lentils lag
Canadian pea exports picked up in January, while lentil movement dipped compared to the previous month, according to the latest Statistics Canada trade data.
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
Strong 2025 could mean complications for Canadian grain sector in 2026 says analyst
Carryover supply of many crops in Canada could complicate the market in 2026
Canadian Financial Close: Loonie closes below 73 U.S. cents
By Glen Hallick Glacier FarmMedia – The Canadian dollar was weaker on Friday, due to strength in the United States dollar and a poor jobs report from Statistics Canada. Gains in crude oil tempered the losses in the loonie. The Canadian dollar finished at US$0.7291 or US$1=C$1.3716 compared to Thursday’s close of US$0.7344 or US$1=C$1.3617. […] Read more
Egyptian wheat imports to be firm as domestic output increases
As Egyptian wheat imports in 2026/27 are expected to remain relatively steady from the previous marketing year, the country’s wheat production is projected to bump up, the United States Department of Agriculture attaché in Cairo reported on March 12.
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