Markets
Reading Time: 3 minutes Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange didn’t lose any momentum after being closed for Canada Day. They surged on Wednesday following the resumption of trade talks between Canada and the United States. An analyst also mentioned that dry conditions on the Prairies were also supportive, as well as rising prices […] Read more
North American Grain/Oilseed Review: All-around positivity for canola, grains
ICE Midday: Canola maintains its sharp gains
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Multiple factors are extending canola’s rally on the Intercontinental Exchange mid-session Wednesday. An analyst said newfound optimism over Canada-United States trade is still underpinning prices, but also spillover from rising comparable oils and dry areas on the Prairies. Chicago soyoil, European rapeseed and Malaysian palm oil were higher to go with […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding relatively steady Wednesday morning as activity resumed after Tuesday’s Canada Day holiday. At 8:52 a.m. CDT the Canadian dollar was trading at US$0.7328 or US$1=C$1.3646 which compares with Monday’s close of US$0.7330 or US$1=C$1.3643. Crude oil prices were rising Wednesday amid heightened Mideast tensions. Iran enacted a […] Read more
Global Markets: Hot, dry weather on Prairies
Reading Time: 2 minutes Parts of eastern Alberta and southern Saskatchewan are under heat warnings issued by Environment Canada.
ICE Canada Morning Comment: Adding more strong gains
U.S. might reinstate canola for biofuel tax credits
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures continued higher on Wednesday morning, as trading resumed after being closed for Canada Day. Indications from the United States that canola might again be eligible for biofuel tax credits underpinned the oilseed’s increases. Canola was also getting support from gains in Chicago […] Read more
U.S. grains: Soy futures end mixed; corn and wheat sag after USDA reports
Reading Time: 2 minutes Chicago Board of Trade soybean futures ended mixed on Monday, with nearby contracts under pressure after quarterly stocks data from the U.S. Department of Agriculture showed larger-than-expected supplies as of June 1, analysts said.
Pulse weekly: U.S. pulse area up in 2025
Stocks also higher
Reading Time: < 1 minute Farmers in the United States expect to grow more pulses in 2025, with areas planted to peas, lentils, chickpeas and edible beans all up on the year in the latest acreage data from the U.S. Department of Agriculture, released June 30.
Canadian Financial Close: Loonie rises, new record-high for TSX
Reading Time: < 1 minute The Canadian dollar rose on Monday just hours before Canada Day. The loonie closed the day at US$0.7330 or US$1=C$1.3643, compared to US$0.7312 or US$1=C$1.3676 on Friday. Canada and the United States restarted trade talks earlier today after the former rescinded its planned digital services tax. U.S. President Donald Trump cited the levy as the […] Read more
U.S. livestock: Cattle futures climb, hogs fall
Reading Time: < 1 minute Chicago cattle futures rose to start the week while hogs fell back.
North American Grain/Oilseed Review: Canola jumps, weakness in grains
Reading Time: 3 minutes Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange rose to start the week after the resumption of trade negotiations between Canada and the United States was announced. An analyst said canola also found support after testing the 50-day average last week. Dry weather in some parts of the Prairies and speculation over […] Read more
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