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U.S. grains: Soy and corn ease as traders await US crop report

Reading Time: 2 minutes Chicago | Reuters – Chicago soybeans and corn dipped on Wednesday as traders squared positions ahead of the U.S. Department of Agriculture’s global supply and demand report due on Friday, analysts said. Meanwhile, wheat dropped on falling global demand. The USDA is expected to trim U.S. soybean and corn yield forecasts on Friday, though production […] Read more



ICE review: Canola corrects higher Wednesday

Reading Time: < 1 minute ICE canola futures were stronger on Wednesday, taking back Tuesday’s losses as the market continued to consolidate above the five-month lows hit last week. Chicago soyoil was also higher, providing some spillover support for the Canadian oilseed. European rapeseed was up on the day as well, but soybeans and Malaysian palm oil were lower. While […] Read more




ICE canola holding onto gains at midday Wednesday

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was holding onto small gains at midday Wednesday, consolidating in a narrow range just above the five-month lows hit last week. While tight old crop supplies remained supportive, the new crop harvest is progressing rapidly amid relatively favourable weather conditions. Losses in Chicago soybeans put some pressure […] Read more


Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Wednesday morning, lacking any clear direction as currency traders continued to adjust positions ahead of next week’s Bank of Canada interest rate announcement.      Expectations are for Canada’s central bank and the United States Federal Reserve to cut rates in the coming months.      At 8:53 […] Read more

Global Markets: Poland shoots down Russian drones

Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Poland’s military reported Wednesday that it had shot down Russian drones conducting an attack on Ukraine that had invaded its airspace. Polish Prime Minister Donald Tusk told parliament the country was in a state of war and invoked […] Read more


ICE Canada Morning Comment: Canola attempting to bounce back

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures swung higher on Wednesday morning, attempting to recover the previous day’s losses. Support for canola came from upticks in Chicago soyoil and European rapeseed, but losses in Chicago soybeans and soymeal as well as Malaysian palm oil limited the climb higher. Modest gains […] Read more