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Canadian financial close: C$ weakens Friday

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was weaker relative to its United States counterpart on Friday The Canadian dollar settled at US$0.7188 or US$1=C$1.3913, which compares with Thursday’s close of US$0.7195 or US$1=C$1.3899. Canada and China reached a preliminary deal that will see China lower its tariffs on Canadian products, including canola, in exchange for […] Read more



North American Grain/Oilseed Review: Canola up on new trade deal, positives for U.S. grains, oilseeds

Reading Time: 2 minutes Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher on Friday, hours after Canada and China announced a new trade deal which included the reduction and removal of tariffs on the oilseed. Canadian canola meal and other agricultural products will have their tariffs lifted by March 1, while canola seed will see its […] Read more



ICE Midday: Canola cautiously higher on new trade deal

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed modest gains on Friday after Canada and China announced a new trade deal this morning. China will eliminate tariffs on Canadian canola meal, lobster, crabs and peas beginning on March 1, while canola seed will see a sharply reduced 15 per cent tariff. There were […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady relative to its United States counterpart Friday morning. At 9:18 a.m. CST the Canadian dollar was trading at US$0.7199 or US$1=C$1.3891 which compares with Thursday’s close of US$0.7195 or US$1=C$1.3899. Canada and China reached a preliminary deal that will see China lower its tariffs on Canadian […] Read more


ICE Canada Morning Comment: Tariffs on canola to drop

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Following the trade agreement reached between Canada and China, canola futures on the Intercontinental Exchange were higher on Friday morning. However, the gains stepped back from stronger increases earlier. Reports said the deal includes China cutting its tariffs on Canadian canola seed to 15 per cent come March 1, […] Read more

Global Markets: Canada, China reach new trade deal

Reading Time: 2 minutes Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Canada and China reached a “preliminary but landmark” trade deal on Friday, reducing and eliminating tariffs on Canadian products while allowing Chinese electric vehicles into the Canadian market. China will drop canola seed duties to 15 […] Read more


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U.S. livestock: Feeder contracts surge, hogs rise

Reading Time: < 1 minute Chicago feeder cattle contracts surged on Thursday. Live cattle and lean hogs also made healthy gains. Most-active April live cattle closed at 238.425 cents a pound, up 1.100 cents. February live cattle gained 0.900 cents to settle at 236.050 cents per pound. Most-active March feeder cattle futures gained 4.850 cents to close at 364.550 cents […] Read more

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U.S. grains: Soybeans climb as soyoil futures surge

Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures rose one per cent on Thursday as reminders of strong domestic demand and a surge in soyoil futures overshadowed pressure from the imminent harvest of a massive Brazilian soy crop, analysts said. Corn and wheat futures ticked lower, anchored by plentiful global grain supplies. Chicago Board of Trade […] Read more