Markets
Reading Time: 2 minutes Alberta saw its overall crop rating improve, but its surface soil became drier, the province’s latest crop report said.
Alberta crop ratings nudge up
But ground drier
Canadian Financial Close: C$ weakens in quiet trade
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was weaker on Friday in relatively quiet trade, with markets in the United States closed for Independence Day. The Canadian dollar settled at US$0.7350 or US$1=C$1.3605, which compares with Thursday’s close of US$0.7366 or US$1=C$1.3575. Uncertainty over U.S. trade policies remained a feature in the background. President Donald Trump […] Read more
ICE Closing Review: Lack of change for canola
Reading Time: < 1 minute Canola futures on the Intercontinental Exchange showed little movement on Friday in light trading and a lack of support from comparable oils. European rapeseed was lower but Malaysian palm oil was higher. Crude oil was down due to a planned output hike by OPEC+ in August. Most areas of the Prairies are forecast to be […] Read more
Prairie wheat bids strengthen
Durum down
Reading Time: < 1 minute Hard red spring wheat bids in Western Canada strengthened during the week ended July 3, as gains in the United States futures and dryness concerns in parts of the Prairies provided support.
World food prices tick higher in June, led by meat and vegetable oils
Reading Time: 2 minutes Global food commodity prices edged higher in June, supported by higher meat, vegetable oil and dairy prices, the United Nations' Food and Agriculture Organization said on Friday.
ICE Midday: Canola slightly higher despite light activity
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were moving upward in the middle of lighter trading on Friday despite a lack of support from comparable oils. European rapeseed was higher while Malaysian palm oil was lower. Crude oil was also in negative territory as the trade weighed in on OPEC+’s planned output […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer Friday morning, in relatively quiet trade as markets in the United States were closed for Independence Day. At 8:57 a.m. CDT the Canadian dollar was trading at US$0.7349 or US$1=C$1.3607 which compares with Thursday’s close of US$0.7366 or US$1=C$1.3575. While U.S. markets were closed, uncertainty over the […] Read more
Global Markets: U.S. House passed ‘big, beautiful bill’
Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States House of Representatives passed a 900-plus-page tax and spending package championed by President Donald Trump on Thursday by a vote of 218-214 with two Republicans voting against the package. Having already passed in […] Read more
ICE Canada Morning Comment: Canola looking for positive traction
U.S. markets closed for July 4th holiday
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were slightly higher on Friday morning in quiet holiday trading. Activity will be somewhat muted today as the U.S. markets are closed for Independence Day. Concerns over dry conditions on the Prairies and indications canola could be eligible for United States biofuel […] Read more
Canadian Financial Close: C$ strengthens Thursday
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar strengthened Thursday, as currency markets reacted to the latest trade and employment data. The Canadian dollar settled at US$0.7366 or US$1=C$1.3575, which was compares with Wednesday’s close of US$0.7341 or US$1=C$1.3622. Canadian exports were up 1.1 per cent in May while imports fell by 1.6 per cent, reported Statistics […] Read more
A message from April Stewart, Country Guide's Associate Editor
