Markets
Glacier FarmMedia — The ICE Futures canola market was holding onto small gains at midday Wednesday, consolidating in a narrow range just above the five-month lows hit last week. While tight old crop supplies remained supportive, the new crop harvest is progressing rapidly amid relatively favourable weather conditions. Losses in Chicago soybeans put some pressure […] Read more
ICE canola holding onto gains at midday Wednesday
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was holding steady Wednesday morning, lacking any clear direction as currency traders continued to adjust positions ahead of next week’s Bank of Canada interest rate announcement. Expectations are for Canada’s central bank and the United States Federal Reserve to cut rates in the coming months. At 8:53 […] Read more
Global Markets: Poland shoots down Russian drones
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Poland’s military reported Wednesday that it had shot down Russian drones conducting an attack on Ukraine that had invaded its airspace. Polish Prime Minister Donald Tusk told parliament the country was in a state of war and invoked […] Read more
ICE Canada Morning Comment: Canola attempting to bounce back
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures swung higher on Wednesday morning, attempting to recover the previous day’s losses. Support for canola came from upticks in Chicago soyoil and European rapeseed, but losses in Chicago soybeans and soymeal as well as Malaysian palm oil limited the climb higher. Modest gains […] Read more
Pulse Weekly: Talk arises of India ending duty-free period
With harvest underway across the Canadian Prairies rumblings has been felt from the other side of the world, specifically in regards yellow peas. There have been recent media reports stating the Indian government is under growing domestic pressure to end its duty-free period on yellow pea imports.
Canadian Financial Close: C$ weakens Tuesday
Glacier FarmMedia — The Canadian dollar was softer on Tuesday, as currency markets continued to see some adjustment ahead of interest rate announcements later in the month. Ongoing tariff uncertainty and sluggish domestic jobs data released last week added to the softer tone in the loonie. The Canadian dollar settled at US$0.7229 or US$1=C$1.3833, […] Read more
North American grain/oilseed review: Canola weakens with soyoil
Glacier FarmMedia — The ICE Futures canola market was weaker on Tuesday as a selloff in Chicago soyoil spilled over to weigh on values. The losses came despite confirmation of relatively tight canola ending stocks from Statistics Canada. Canadian canola stocks as of July 31, 2025, were estimated at 1.6 million tonnes by StatCan. That […] Read more
StatCan stocks report sees drops in canola, wheat
Ending stocks of canola and wheat contracted significantly on the year, Statistics Canada said in its grains stocks report released on Sept. 9.
ICE canola weaker in choppy trade
Glacier FarmMedia — The ICE Futures canola market traded to both sides of unchanged Tuesday morning, with the bias pointing lower at midsession as losses in Chicago soyoil spilled over to weigh on prices. Malaysian palm oil was also weaker on the day, although gains in European rapeseed provided some spillover support. Harvest operations were […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was holding steady Tuesday morning, with positioning ahead of next week’s Bank of Canada interest rate announcement a feature. Expectations are for both Canada’s central bank and the United States Federal Reserve to cut rates in the coming months. At 9:14 a.m. CDT the Canadian dollar was trading at […] Read more
Cyber-Savvy Farmer
