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Canadian Dollar and Business Outlook: Loonie lower, crude oil firmer

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar took a step back on Thursday, one day after the Bank of Canada and the United States Federal Reserve cut their key interest rates.      The loonie was at US$0.7246 or US$1=C$1.3800 as of 8:29 a.m. CDT, compared to Wednesday’s close at US$0.7267 or US$1=C$1.3760. The BoC announced yesterday […] Read more

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U.S. grains: Grains off highs with fed in focus, soyoil down more than two per cent

Reading Time: 2 minutes Chicago | Reuters – Chicago corn and soybean futures sagged on Wednesday, retreating from multi-week highs on profit-taking and an uptick in the dollar, while a drop in soyoil futures added pressure, analysts said. Wheat futures followed the lower trend, with forecasts for rains in the southern U.S. Plains adding to bearish sentiment. Chicago Board […] Read more



Canadian Financial Close: Loonie retreats after central bank announcements

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar stepped back on Wednesday after the Bank of Canada and the United States Federal Reserve made identical key interest rate cuts.      The loonie closed at US$0.7267 or US$1=C$1.3760, compared to US$0.7274 or US$1=C$1.3748 on Tuesday. The BoC announced this morning it cut its overnight rate by 25 basis […] Read more


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U.S. livestock: Cattle, hog futures fall

Reading Time: 2 minutes Chicago cattle and hog futures fell for the second day running ahead of Friday’s cattle on feed report. Most-active December live cattle closed at 232.675 cents a pound, down 2.475 cents. October contracts settled at 231.100 cents a pound, down 2.350 cents. Most-traded October feeder cattle futures closed at 349.125 cents per pound, a loss […] Read more

North American Grain and Oilseed Review: Canola falls hard

Reading Time: 2 minutes More losses in U.S. soy, corn, wheat By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed weaker on Wednesday, due in part to Statistics Canada’s production update. StatCan raised its call on the 2025/26 canola harvest to 20.03 million tonnes from 19.94 million last month. An analyst said with the likelihood […] Read more



ICE Canola Midday: Larger crop weighs on prices

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were lower late Wednesday morning, following the release of the September production update from Statistics Canada. Canola output for 2025/26 was raised to 20.03 million tonnes from last month’s estimate of 19.94 million. However, an analyst said production could go higher, […] Read more



Global Markets: BoC cuts key rates

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As widely expected by analysts, the Bank of Canada announced on Wednesday a quarter-point cut to its key interest rates with its overnight rate now at 2.5 per cent. The BoC noted weaker […] Read more