Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada’s canola exports are over-reliant on China and the United States, reports said on Tuesday. The Simpson Centre for Food and Agricultural Policy at the University of Calgary said those two countries account […] Read more
Global Markets: Canola exports too focussed on China, U.S. says report
Canadian Dollar and Business Outlook: Loonie, gold rally
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar maintained its upward trajectory on Tuesday. The loonie was at US$0.7224 or US$1=C$1.3843 as of 8:38 a.m. CST, compared to Monday’s close at US$0.7210 or US$1=C$1.3870. The United States Dollar Index lost 0.87 of a point at 98.52. U.S. markets reopened last night after being closed for […] Read more
Canadian Financial Close: Loonie higher, crude oil steady
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar closed above the 72 United States cent mark for the first time in five days. The loonie settled at US$0.7210 or US$1=C$1.3870, compared to US$0.7188 or US$1=C$1.3913 on Friday. Statistics Canada reported today that Canada’s annual inflation rate increased to 2.4 per cent, exceeding analysts’ expectations of it […] Read more
Big oat crop in 2025/26 pointing to less acres next year
Reading Time: < 1 minute Oat acres in Canada are likely to recede this spring with cash prices to remain low, said Scott Shiels, grain procurement manager for Grain Millers Canada in Yorkton, Sask.
North American Grain and Oilseed Review:Modest gains in most canola contracts
No trading today in Chicago
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier FarmMedia – Intercontinental Exchange canola futures closed mostly higher on Monday, but the March contract dipped lower in choppy trading. Trading volumes were less than normal as the United States markets were closed for Martin Luther King Jr. Day. Support for canola continued to come from Friday’s Canada-China trade deal […] Read more
ICE Canola Midday: Still on the rise
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher, but trading had been to both sides of unchanged in thin and choppy activity. United States markets were closed today for Martin Luther King Jr. Day, limiting the volume in canola Increases in Malaysian palm oil were lending support […] Read more
Chinese importer buys Canadian canola after Carney visit
Reading Time: 2 minutes A Chinese importer bought a cargo of Canadian canola shortly after Canadian Prime Minister Mark Carney’s visit to Beijing last week, trader sources said.
Global Markets: Inflation climbs in December
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Inflation in Canada during December bumped up to an annualized rate of 2.4 per cent, Statistics Canada reported on Monday. That’s a slight increase from 2.2 per cent in November and where analysts […] Read more
ICE canola continues higher to start week
Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were stronger Monday morning after moving to both sides of unchanged in overnight activity. The trade deal with China announced Friday and expectations for a resumption of canola exports to the country remained supportive to start the week. Chinese tariffs on Canadian canola seed will drop from 75.8 per […] Read more
Canadian Dollar and Business Outlook: Loonie, inflation higher
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar surpassed the 72 United States cent mark on Monday morning after the release of new data from Statistics Canada. The loonie was at US$0.7201 or US$1=C$1.3887 as of 8:33 a.m. CST, compared to Friday’s close at US$0.7188 or US$1=C$1.3913. StatCan reported that the country’s annual inflation rate […] Read more
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