Daily Network News

More News →

Markets Markets

Currency Markets

Canadian Financial Close: Loonie gives up tenth of a cent

BoC, Fed to announce interest rates on Wednesday

By
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar eased back on Monday, positioning ahead of Wednesday’s interest rate announcements from the Bank of Canada and the United States Federal Reserve. With both central banks likely to freeze their rates, the loonie finished at US$0.7287 or US$1=C$1.3723, compared to Friday’s close of […] Read more
Photo: File
Cereals, Markets, News, Spring Wheat, Winter Wheat

Dryness reduces Australian wheat output says USDA attaché

Less area to harvest, reduced yields

By
Reading Time: < 1 minute With dry conditions in Australia’s southern production regions, the United States Department of Agriculture attaché in Canberra projected reduced wheat production for 2025/26. The attaché wrote in their report released on July 28 that Western Australia, South Australia and Victoria had low soil moisture levels going into wheat planting and there was below-average autumn rains.
Futures

North American grain/oilseed review: Canola ends lower after choppy day

By
Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was weaker on Monday, settling below nearby chart support after trading to both sides of unchanged. Losses in Chicago soybeans and corn accounted for some spillover selling in the Canadian oilseed, with good Midwestern weather behind the selling pressure in those markets. However, persistent dryness concerns in […] Read more
Futures

ICE canola mostly weaker in choppy midday trade

By
Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was mostly lower at midday Monday in choppy activity. Losses in Chicago soybeans and soyoil accounted for some spillover selling in the Canadian oilseed, although canola made some brief attempts at moving higher. The November contract tested support at both its 20- and 50-day moving averages but […] Read more
Futures

ICE canola eases off

By
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange showed small losses on Monday morning to go with mixed sentiment in comparable oils. Chicago soyoil was higher to start the day, while European rapeseed and Malaysian palm oil were lower. Crude oil made substantial gains after the United States and the European Union […] Read more
Global markets

Global Markets: U.S. reaches trade deal with Europe

By
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   The United States and European Union reached a trade agreement on Sunday, setting 15 per cent tariff on most goods. U.S. President Donald Trump described the agreement as “a good deal for everybody,” while European Commission chief […] Read more
Currency Markets

Canadian Dollar and Business Outlook: Loonie slips ahead of rate announcements

BoC, Fed expected to freeze key rates

By
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Monday morning ahead of two interest rate announcements on Wednesday. As of 8:34 am CDT, the loonie was at US$0.7286 or US$1=C$1.3724 compared to Friday’s close of US$0.7297 or US$1=C$1.3704. Analysts forecast the Bank of Canada and the United States Federal […] Read more
Photo: Greg Berg
Crops, Markets, Reuters

U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall

Soybeans slip on slower-than-hoped U.S. export sales

By
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures fell on Friday and notched a weekly loss, as plentiful global supply from ongoing Northern Hemisphere harvests outweighed strong U.S. exports. Corn futures eased on the day, with the most-active contract Cv1 ended the week nearly 2.05 per cent lower, amid expectations of a large […] Read more

Latest Market News

More Market News →