Markets
The Canadian dollar was slightly firmer on Monday, trading near its highest level relative to its United States counterpart in three weeks as investors continued to follow developments out of the Middle East. The Canadian dollar settled at US$0.7240 or US$1=C$1.3812, which compares with Friday’s close of US$0.7233 or US$1=C$1.3825. The total value of building […] Read more
Canadian financial close: C$ firm Monday
U.S. Grain/Oilseed Review: Soy weaker as wheat stronger, corn dips
Gains in crude oil fail to pull up soybeans, corn
SOYBEAN futures at the Chicago Board of Trade were weaker on Monday, despite spillover from crude oil. The prices of crude were higher after the United States and Iran failed to reach an agreement after weekend talks in Pakistan. President Donald Trump said he’s ordered a naval blockade of Iranian ports until vessels can safely […] Read more
ICE Closing Review: Finishing either side of steady
Losses in soy weigh on canola values
By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed mixed on Monday, after starting out with strong increases due to hikes in crude oil. However, by the afternoon the gains in crude were no longer as large. Sharp losses in Chicago soybeans and soyoil limited canola’s upside. MATIF rapeseed lost much of its […] Read more
ICE Canola Midday: Higher crude, higher canola
Losses in beans, bean oil tempering the upside
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued higher mid-session Thursday, pushed up by sharp increases in crude oil. Talks in Pakistan between the United States and Iran failed to reach an agreement, and U.S. President Donald Trump said he’s imposing a naval blockade of Iran until all vessels can […] Read more
Argus cuts Ukraine wheat crop forecast on lower harvest area
Ukraine’s 2026 wheat harvest is expected to be 23.5 million metric tons, down from 23.9 million tons in December.
Argentina soybean production to be firm in 2026-27
Increased carryover for soybeans, but lower for soymeal, soyoil
Soybean production in Argentina is expected to nudge up to 49 million tonnes in 2026-27, the United States Department of Agriculture attaché in Buenos Aires forecasted. However, soybean ending stocks are projected to jump by three million tonnes.
Global Markets: Oil higher on blockade threat
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Crude oil prices were back on the rise Monday morning, after the United States and Iran failed to reached an agreement over the weekend during talks in Pakistan. The nearby contracts for West […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was holding steady Monday morning, despite a rally in crude oil. At 8:47 a.m. CDT the Canadian dollar was trading at US$0.7228 or US$1=C$1.3835 which compares with Friday’s close of US$0.7233 or US$1=C$1.3825. The total value of building permits issued in Canada decreased by 8.4 per cent in February […] Read more
ICE canola rises with crude oil
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were in positive territory coming out of the weekend as crude oil prices surged once again. The United States military announced it will begin a blockade of ships entering and exiting Iranian ports at approximately 9 a.m. CDT. Peace talks between the U.S. and Iran ended […] Read more
Canadian Financial Close: Loonie steady, crude oil declines
Glacier FarmMedia – The Canadian dollar was virtually unchanged on Friday as markets awaited U.S. and Iran peace talks to start Saturday in Pakistan. The loonie closed at US$0.7233 or US$1=C$1.3825, compared to US$0.7235 or C$1=C$1.3821 on Thursday. The United States Dollar Index declined 0.15 of a point at 98.67. Crude oil prices […] Read more