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Global Markets: China imposes new duty on Canadian canola

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Reading Time: < 1 minute Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – China announced on Tuesday it will impose a 75.8 per cent preliminary anti-dumping duty on Canadian canola imports beginning on Thursday. China sources nearly all of its canola/rapeseed imports from Canada, with 4.6 million tonnes of the oilseed […] Read more
Currency Markets

Canadian Dollar and Business Outlook: Loonie, U.S. inflation steady

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Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was relatively steady on Tuesday morning. The loonie was at US$0.7255 or US$1=C$1.3784 as of 8:35 a.m. CDT, compared to Monday’s close at US$0.7254 or US$1=C$1.3785. The United States Dollar Index was up 0.04 of a point at 98.56. The U.S. Labor Department said today the country’s inflation rate […] Read more
Futures

ICE canola drops as China imposes anti-dumping duty

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Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were sharply lower Tuesday morning as China announced a preliminary anti-dumping duty of 75.8 per cent on Canadian canola imports. China accounted for roughly half of all of Canada’s canola exports in 2024/25, taking 4.6 million tonnes out of the total 9.1 million tonnes exported in the 11 months […] Read more
Currency Markets

Canadian Financial Close: C$ weaker Monday

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was weaker on Monday, hitting its weakest level in six days relative to its United States counterpart. The Canadian dollar settled at US$0.7254 or US$1=C$1.3785, which compares with Friday’s close of US$0.7272 or US$1=C$1.3751. Monthly U.S. inflation data will be released Tuesday, with positioning ahead of the report accounting […] Read more
Futures

North American Grain/Oilseed Review: Soybeans support canola

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Reading Time: 3 minutes Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher coming out of the weekend, supported by rising soybean futures in the United States. On Sunday, U.S. President Donald Trump urged China on social media to quadruple its purchases of U.S. soybeans. This caused prices to rise significantly with the gains spilling over into […] Read more
Futures

ICE Midday: Canola supported by stronger soy complex

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Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were on the rise in the middle of Monday trading as stronger soybean prices spilled over the oilseed. United States President Donald Trump urged China to quadruple its purchases of U.S. soybeans on social media on Sunday. A 90-day tariff pause on Chinese goods is set to […] Read more

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