Canola is poised for more gains as the trade awaits the Trump administration’s decision on the latest biodiesel mandate, said Jamie Wilton, broker with RJ O’Brien in Winnipeg.
ICE Canada Weekly: U.S. biodiesel mandate will be a boon for canola
CBOT weekly: Planted area in focus
The seasonal fight for acres between soybeans and corn is in full swing in the United States as markets wait to get a clearer picture on planting intentions for the 2026 growing season.
Canadian Financial Close: Markets in positive territory
Glacier FarmMedia – The Canadian dollar was higher on Wednesday as crude oil prices continued to rise. The loonie closed at US$0.7319 or US$1=C$1.3664, compared to US$0.7308 or US$1=C$1.3684 on Tuesday. The United States Dollar Index shed 0.26 of a point at 98.79. Crude oil ended the day higher after Iran denied a […] Read more
Prairie Wheat Weekly: Western Canadian bids move upward
Western Canadian wheat bids as of March 3, 2026 were higher than the previous week, supported by rising U.S. wheat prices and good export demand for Canadian wheat.
U.S. Grain/Oilseed Review: Uncertainty leads to losses
SOYBEAN futures at the Chicago Board of Trade eased back on Wednesday, due to market uncertainty being generated by the Middle East war. However, Chicago soyoil climbed higher as crude oil turned narrowly mixed after shedding its earlier losses. Ahead of the weekly export sales report from the United States Department of Agriculture on Thursday, […] Read more
ICE Closing Review: Canola overcomes choppy trading
U.S. biodiesel policy to bolster canola - trader
By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed higher on Wednesday, after a bout of choppy trading. Canola increased as Chicago soyoil found traction later in today’s session. However, declines in MATIF rapeseed and Malaysian palm oil capped the upside in the Canadian oilseed. Crude oil was trading steady to lower, after […] Read more
ICE Canola Midday: Hard to get a bead on what’s happening – trader
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were narrowly mixed Wednesday morning in choppy trading. A trader said it’s very hard to get a bead on what’s happening with canola and other commodities as things change “minute to minute and hour by hour” due to the war in the Middle […] Read more
Global Markets: The latest on the Middle East war
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump announced on Tuesday that the U.S. Navy will now escort oil tankers through the Strait of Hormuz and the U.S. will provide war insurance. Traffic through the narrow […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil decline
Glacier FarmMedia – The Canadian dollar was down slightly on Wednesday morning as crude oil prices weakened. The loonie was at US$0.7305 or US$1=C$1.3689 as of 8:34 a.m. CST, compared to Tuesday’s close at US$0.7308 or US$1=C$1.3684. The United States Dollar Index dipped 0.14 of a point at 98.91. Crude oil prices were […] Read more
ICE canola consolidating in narrow range Wednesday morning
Glacier FarmMedia — ICE canola futures were narrowly mixed Wednesday morning, seeing some consolidation after climbing higher earlier in the week. Energy markets were also stabilizing on Wednesday after their initial bullish reaction to the escalating conflict in the Middle East. Chicago soyoil, European rapeseed and Malaysian palm oil futures were mostly lower Wednesday […] Read more
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