Markets
Reading Time: 2 minutes Dryness on the Canadian Prairies, as well as worsening U.S. winter wheat crop conditions and a weakening Canadian dollar raised Western Canadian wheat bids for the week ended June 19, 2025.
Markets
Prairie Wheat Weekly: Western Canadian bids rise on dryness
U.S. crop conditions, weaker loonie also raise prices
ICE Canola Midday: Pushing higher
Gains from tight supplies, dry conditions
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher late Friday morning, as the Prairie weather forecast and tight old crop supplies provided support. An analyst said there’s a risk premium in canola due to dry conditions over much of the region, while there’s skepticism over the weekend forecast. […] Read more
China’s May soybean imports from Brazil jump 37.5 per cent year over year
Reading Time: 2 minutes China’s soybean imports from Brazil surged 37.5 per cent in May from a year earlier, data showed on Friday, as buyers scooped up South America’s bumper crop, while supplies from the United States also rose 28.3 per cent.
Global Markets: Foreign ministers meeting in Geneva
France, Germany. the U.K. hoping to get Iran to talk with Israel
Reading Time: 2 minutes By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The foreign ministers for France, Germany and the United Kingdom are scheduled to meet with their Iranian counterpart in Geneva on Friday. The meeting comes after United States President Donald Trump […] Read more
ICE canola rising Friday morning
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — ICE canola futures were stronger Friday morning, touching fresh highs as Chicago soyoil resumed its uptrend after yesterday’s Juneteenth holiday in the United States. Tight old crop supplies and weather uncertainty for the new crop remained supportive. European rapeseed and Malaysian palm oil were both higher on the day. Weekly […] Read more
Canadian Dollar and Business Outlook: Loonie down, crude oil diverges
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar saw a slight decline on Friday morning, putting it on track for one of its worst performing weeks in recent memory. The loonie was at US$0.7283 or US$1=C$1.3731 as of 8:34 a.m. CDT, compared to Thursday’s close at US$0.7287 or US$1=C$1.3724. The United States Dollar Index was down […] Read more
Canadian Financial Close: Canada’s unemployment rate rises
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back below the 73 United States cent mark on Thursday. The loonie closed the day at US$0.7287 or US$1=C$1.3724, compared to US$0.7314 or US$1=C$1.3673 on Wednesday. Statistics Canada reported on Thursday that the country’s unemployment rate increased to 6.9 per cent in April, compared to 6.2 […] Read more
North American Grain and Oilseed Review: Canola swings higher
U.S. markets closed for Juneteenth
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around to close higher on Thursday, amid lighter than usual activity. Trading volumes were lower today as the United States grain markets were closed for the Juneteenth holiday. Canola received support from upticks in European rapeseed and Malaysian palm oil. Increases […] Read more
ICE Canola Midday: Nudging upward in light trading
Potential for rain on the weekend
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were slightly higher late Thursday morning, in light activity as the United States grain markets are closed for the Juneteenth holiday. Tight old crop supplies and lingering uncertainty over the new crop continued to underpin canola values. However, potential rain for the […] Read more
ICE canola narrowly mixed in quiet trade
Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was narrowly mixed Thursday morning, as values continued to consolidate just below nearby highs in quiet trade. Markets in the United States were closed for the Juneteenth holiday, keeping many traders on the sidelines. Malaysian palm oil was steady on the day, while European rapeseed was higher. Chart-based […] Read more