The Bank of Canada is holding rates steady for now, but rate watchers say there could be three cuts in the coming year.

Interest rate relief on horizon: FCC

Central bankers signaling reductions are coming

Reading Time: 4 minutes Glacier FarmMedia – Canada’s largest agricultural lender says Canadian farmers can expect to see interest rate relief in the coming year. In a macroeconomic snapshot released in December, Farm Credit Canada said it expects to see rate cuts totalling 75 basis points (three quarters of a percent) in the latter half of 2024. That’s despite […] Read more


CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans set 6-1/2-week high

Weaker U.S. dollar lifts grains complex

Chicago | Reuters — U.S. soybean futures touched a 6-1/2-week high on Friday, lifted by uneven crop weather in top soy producer Brazil and fresh export demand for U.S. supplies, coupled with a plunge in the dollar that bolstered corn and wheat futures as well. Chicago Board of Trade (CBOT) January soybean futures settled up […] Read more

File photo of wheat under snow. (Ssvyat/iStock/Getty Images)

CBOT weekly outlook: Demand, not interest rates, affecting markets

U.S. Fed decision 'pretty much factored in'

MarketsFarm — While key interest rates in the United States will stay put for the time being, corn and wheat prices on the Chicago Board of Trade (CBOT) declined steadily during the week ended Wednesday. The U.S. Federal Reserve announced earlier Wednesday that the central bank’s policy rate will remain within 5.25 and 5.5 per […] Read more