ICE Canola Midday: Finding traction to the downside

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were lower late Friday morning, after starting the day trading either side of unchanged. “I don’t see anything that will move stuff dramatically,” an analyst said. Losses in Chicago soybeans and soyoil plus those in European rapeseed and Malaysian palm oil […] Read more


Global Markets: Canada, Mexico create strategic partnership

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. A comprehensive strategic partnership between Canada and Mexico was reached on Thursday. Canadian Prime Minister Mark Carney joined Mexican President Claudia Sheinbaum in Mexico City to sign the agreement. The deal includes measures […] Read more

ICE canola weaker Friday morning

Reading Time: < 1 minute Glacier FarmMedia — The ICE canola market was weaker Friday morning, backing away from overnight gains as losses in Chicago soyoil weighed on prices. European rapeseed and Malaysian palm oil were also lower, although soybeans were holding near unchanged. Seasonal harvest pressure and ongoing concerns over lacking Chinese demand contributed to the softer tone in […] Read more


Canadian Dollar and Business Outlook: Loonie down, TSX flying high

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar continued its downturn on Friday morning.      The loonie was at US$0.7238 or US$1=C$1.3816 as of 8:30 a.m. CDT, compared to Thursday’s close at US$0.7248 or US$1=C$1.3797.      The United States Dollar Index was up 0.31 of a point at 97.65.      Crude oil prices declined as demand concerns […] Read more

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U.S. grains: Soy, corn futures weaken on harvest pressure, firm dollar

Reading Time: 2 minutes Chicago | Reuters – U.S. soybean and corn futures fell on Thursday on seasonal pressure as the harvest expanded in the heart of the Midwest and the dollar firmed, making U.S. grains less competitive globally, analysts said. Uncertainty about biofuel demand weighed on soyoil futures as well. Chicago Board of Trade November soybeans SX25 settled […] Read more


Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)

U.S. livestock: Cattle futures higher, though traders uncertain about demand

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rose on Thursday on a tight cattle supply, though industry experts expressed doubt over consumer demand for beef as concerns grew over the U.S. economic outlook. CME December live cattle LCZ25 ended 1.475 cents higher to 234.15 cents per pound. October feeder cattle […] Read more



Canadian Financial Close: Loonie, crude oil give up ground

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar retreated further on Thursday, one day after the Bank of Canada and the United States Federal Reserve made identical key interest rate cuts.      The loonie closed at US$0.7248 or US$1=C$1.3797, compared to US$0.7267 or US$1=C$1.3760 on Wednesday. The BoC announced yesterday it cut its overnight rate by 25 […] Read more