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Canadian Financial Close: Loonie higher, crude oil drops

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar continued to rise on Thursday due to its weaker United States counterpart.          The loonie settled at US$0.7247 or US$1=C$1.3798, compared to US$0.7239 or US$1=C$1.3814 on Wednesday. The U.S. Dollar Index was down 0.43 of a point at 98.33.      Crude oil prices were down as geopolitical tensions involving […] Read more



North American Grain and Oilseed Review: Canola’s front months nudge up

Wheat leads CBOT futures higher

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were mixed on Thursday, with small increases in the old crop months and losses in the new crop positions. While gains in Malaysian palm oil, along with Chicago soybeans and soymeal provide support to canola, losses in Chicago soyoil and MATIF rapeseed weighed on values. […] Read more



ICE Canola Midday: Trying to hang on to increases

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mixed on Thursday, struggling to recoup and maintain earlier gains. An analyst said there was, “not too much at play” in the markets on Thursday. An about-face in Chicago soyoil took away a lot of canola’s strength, although soybeans and soymeal remained […] Read more


Global Markets: Trump claims progress on Greenland

Reading Time: 2 minutes 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 posted on his Truth Social platform on Wednesday that the framework for a future deal on Greenland was agreed to with NATO Secretary General Mark Rutte and Danish […] Read more

ICE canola correcting lower Thursday morning

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Thursday morning, taking back some of Wednesday’s gains. Chart-based positioning was a feature, as canola was starting to look overbought by some technical indicators. Losses in Chicago soyoil also weighed on values, although soybeans were higher. European rapeseed and Malaysian palm oil were narrowly mixed on the […] Read more



Photo: Lisa Guenther

U.S. livestock: CME cattle futures climb on technical trading, rising wholesale prices

Reading Time: 2 minutes Chicago | Reuters – Cattle futures on the Chicago Mercantile Exchange rose for a second session on Wednesday in technical trading, as wholesale beef prices firmed, traders said. The U.S. Department of Agriculture quoted the choice boxed beef cutout value at $366.18 per hundredweight (cwt) on Wednesday morning, up $1.42 from a day earlier. Select […] Read more