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Global Markets: Canadian farm equity increases in 2024

Reaches C$832.5 billion

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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.   Statistics Canada reported on Thursday that the value of the country’s farm sector equity by the end of 2024, increased 4.9 per cent at C$832.5 billion. StatCan said total liabilities increased […] Read more
Currency Markets

Canadian Dollar and Business Outlook: Loonie extends downturn, U.S. markets closed

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Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar fell below the 73 United States cent mark early Thursday. The loonie was at US$0.7289 or US$1=C$1.3719 as of 8:34 a.m. CDT, compared to Wednesday’s close at US$0.7314 or US$1=C$1.3673. The U.S. Dollar Index was up 0.02 of a point at 98.92. The U.S. Federal Reserve announced […] Read more
Futures

North American Grain and Oilseed Review: Canola down on lack of direction from soyoil

U.S. soybeans, corn relatively steady as wheat jumps

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Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Wednesday, unable to get any direction from Chicago soyoil, which was virtually unchanged. An analyst said the recent surge in canola has been due to the significant hike in soyoil prices. Meanwhile Chicago soybeans nudged up and soymeal dipped […] Read more
Futures

ICE Canola Midday: Following soyoil to downside

Forecast of rain weighing on canola

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Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Canola futures on the Intercontinental Exchange were lower on late Wednesday morning, following Chicago soyoil to the downside. An analyst said the recent spikes in canola were a “soyoil-led rally.” Now that the latter was lower, canola was as well. He added that should the forecast […] Read more
Global markets

Global Markets: Israel, Iran continue their attacks

Iran warns U.S. to not get directly involved

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Reading Time: < 1 minute By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Israel and Iran continued to attack each other through late Tuesday and early Wednesday, as the United States moved to step up its presence in the Middle East. Also, U.S. President […] Read more

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