Markets
Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were stronger at midday Friday, as investors squared positions ahead of the weekend. The March contract was trading just above C$650 per tonne at midsession, after testing that level every day of the past week. An analyst said it would be supportive from a technical standpoint if […] Read more
ICE canola firm at midday Friday
Argentina’s beef export revenue reaches record in 2025
Reading Time: < 1 minute Argentina’s beef export revenues hit a record $3.7 billion (C$5.0 billion) in 2025, up 22.3 per cent from the previous year, the country’s economy ministry said on Friday.
Australian canola down but not out of China after Xi’s deal with Canada
Reading Time: 2 minutes A trade deal between China and Canada has damaged Australia’s hopes of becoming China’s main supplier of canola, but the Pacific nation’s access to the world’s biggest oilseed importer has significantly improved, traders and analysts said.
Global Markets: Canadian economy flat in November
Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada saw no economic growth in November, Statistics Canada reported on Friday. In October, Canada’s economy dipped 0.3 per cent. StatCan said goods-producing industries slipped 0.3 per cent in November, while services-producing industries […] Read more
Little movement for ICE canola
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were relatively steady on Friday morning with mixed comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were weaker. Meanwhile, crude oil was higher amid tensions between the United States and Iran. The Canadian Grain Commission reported on Thursday that 241,100 tonnes of canola were […] Read more
Canadian Dollar and Business Outlook: Loonie dips
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar eased back on Friday morning due to gains in the United States dollar and little movement in crude oil. As well, Statistics Canada reported that Canada’s gross domestic product saw no overall growth in November after a 0.3 per cent loss in October. Preliminary estimates called […] Read more
U.S. livestock: Cattle sink ahead of semi-annual inventory report
Reading Time: < 1 minute Chicago cattle futures fell on Thursday ahead of the USDA’s semi-annual cattle inventory report. Hog futures were mixed. Most-traded April live cattle contracts settled at 237.275 cents a pound, down 1.450 cents. June live cattle closed at 233.275 cents per pound, down 1.175 cents. Most-active March feeder cattle futures closed at 365.125 cents a pound, […] Read more
U.S. grains: Chicago wheat futures firm on recent dollar slide, winter weather
Reading Time: 2 minutes Chicago | Reuters – Chicago wheat futures firmed on Thursday as a recent plunge in the dollar continued to support commodities priced in the U.S. currency and harsh winter weather threatened crops in the Black Sea region and the United States. Corn traded near flat and soybeans ticked down slightly on expectations of a large […] Read more
Canadian Financial Close: Loonie closes just short of 74 U.S. cents
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar was stronger on Thursday, gleaning support from more spikes in crude oil and the continued weakening of the United States dollar. The loonie finished at US$0.7399 or US$1=C$1.3515 compared to Wednesday’s finish of US$0.7369 or US$1=C$1.3571. On the U.S. Dollar Index, the greenback gave up 0.194 […] Read more
North American grain/oilseed review: Canola settles lower Thursday
Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market was weaker on Thursday, backing away from nearby highs after running into resistance. The March contract touched fresh seven-week highs in overnight trade but was unable to hold onto those gains. The settlement below C$650 per tonne was bearish from a chart standpoint, said an analyst. Chicago […] Read more
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