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Global Markets: Cargo ships hit off Iran coast

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Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Three cargo ships were reportedly struck off the coast of Iran on Wednesday, with Iranian drones also targeting the Dubai airport and oil facilities in neighbouring countries. The United States said it had sunk several Iranian vessels, including […] Read more
Currency Markets

Canadian Dollar and Business Outlook: Loonie back tracks

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar stepped back on Wednesday morning, despite a renewed upswing in crude oil prices. As of 8:39 am CDT, the Canadian dollar was at US$0.7357 or US$1=C$1.3592 compared to Monday’s close of US$0.7371 or US$1=C$1.3567. On the United States Dollar Index, the greenback gained 0.286 of a […] Read more
Currency Markets

Canadian Financial Close: Loonie remains firm

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar was relatively steady on Tuesday, as it fended off a sharp drop in crude oil prices. The loonie finished at US$0.7371 or US$1=C$1.3567 compared to Monday’s close of US$0.7367 or US$1=C$1.3574. On the United States Dollar Index, the greenback dipped 0.261 of a point at 98.670. […] Read more
Futures

CBOT review: Grains down, soybeans up following USDA

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Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were higher on Tuesday, despite losses in crude oil and soyoil. General uncertainty amid the escalating war in Iran led to wide price swings in the futures, as investors calculated what the conflict will mean for the global economy. The United States Department of Agriculture released updated […] Read more
Futures

ICE review: Canola falls with crude oil after choppy day

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Reading Time: < 1 minute The ICE Futures canola market traded within a wide range Tuesday, settling with losses as sharp declines in crude oil weighed on values. Crude oil was pressured by comments from United States President Donald Trump claiming the war in Iran could end soon. Chicago soyoil, European rapeseed and Malaysian palm oil futures were weaker as […] Read more
Cattle being sold at the Gladstone Auction Mart in Gladstone, Manitoba, on October 28, 2025. Photo: File
Beef Cattle, Livestock, Markets

Klassen: Western Canadian feeder market incorporates risk discount

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Reading Time: 2 minutes For the week ending March 7, Western Canadian feeder cattle markets traded $5-$10/cwt lower compared to seven days earlier. The market held value on Monday and Tuesday but then softened in the latter part of the week. Strength in the feed grains complex along with weaker deferred live cattle futures set a negative tone. Feedlot […] Read more
Futures

ICE canola weakens in choppy trade

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Reading Time: < 1 minute WINNIPEG–ICE Futures canola contracts were mostly lower at midday Tuesday, although activity was choppy as market participants remained focused on the ongoing conflict in the Middle East. Crude oil was pressured by comments from United States President Donald Trump claiming the war in Iran could end soon. Chicago soyoil, European rapeseed and Malaysian palm oil […] Read more
Global markets

Global Markets: Mideast war news keeps markets on edge

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Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices were weaker Tuesday morning, continuing to back away from the three-year highs hit early Monday as investors reacted to the latest comments from United States President Donald Trump claiming the war in the Middle East […] Read more

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AgCanadaTV: In case you missed it; your national ag news recap for March 20, 2026

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