Markets
Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed lower on Wednesday, getting pressure from losses in Chicago soyoil, MATIF rapeseed and Malaysian palm oil. Increases in crude oil helped to temper further declines in the vegetable oils. A trader said canola turned lower, he continued, because prices were beginning to dissuade purchases […] Read more
North American Grain and Oilseed Review:Canola backs away from resistance
U.S. soybeans, wheat improve as corn dips
ICE canola lower at midday Wednesday
Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Wednesday in heavy volumes, correcting off nearby highs. Chart-based positioning was a feature, as the March contract ran into technical resistance at its 200-day moving average around C$667 per tonne on Tuesday. Losses in Chicago soybeans and soyoil accounted for some additional spillover selling […] Read more
ICE canola weaker Wednesday morning
Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, seeing a modest correction off the two-and-a-half month highs hit Tuesday. Chart-based positioning was a feature, as the March contract ran into technical resistance at its 200-day moving average around C$667 per tonne. Losses in Chicago soybeans accounted for some additional spillover selling pressure. […] Read more
Global Markets: Carney, Trump discuss Gordie Howe bridge
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. During a Tuesday phone call, Canadian Prime Minister Mark Carney told President Trump that the Gordie Howe International Bridge is a “great example of co-operation” between their countries. Trump threatened to refuse to […] Read more
Canadian Dollar and Business Outlook: Loonie down, TSX sets new record high
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar moved lower to start Wednesday. The loonie was at US$0.7366 or US$1=C$1.3576 as of 8:33 a.m. CST, compared to Tuesday’s close at US$0.7383 or US$1=C$1.3544. The United States Dollar Index improved 0.43 of a point at 97.23. The U.S. Labor Department reported today that the country added […] Read more
U.S. grains: Soybeans rise on export optimism; corn, wheat nearly flat
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures rose about one per cent on Tuesday on optimism about demand for U.S. supplies, analysts said, but stayed below a two-month high set last week. Corn settled flat to firmer after the U.S. Department of Agriculture in a monthly report raised its forecast of U.S. corn exports for […] Read more
U.S. livestock: Chicago cattle and hogs slide back
Reading Time: < 1 minute Chicago Mercantile Exchange cattle and hog futures slipped back on Tuesday. Most-active April live cattle contracts lost 0.775 cents to close at 237.425 cents a pound. June futures settled at 233.800 cents a pound, down 0.525 cents. Most-traded March feeder cattle futures closed at 364.775 cents a pound, down 2.675 cents. April feeders settled at […] Read more
Canadian Financial Close: Loonie higher, crude oil mixed
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar ended Tuesday with its highest close in 11 days. The loonie closed at US$0.7383 or US$1=C$1.3544, compared to US$0.7366 or US$1=C$1.3576 on Monday. The United States Dollar Index was relatively steady, down 0.02 of a point at 96.80. Crude oil prices were mixed as the market […] Read more
North American Grain and Oilseed Review:Canola closes higher
U.S. soy higher, corn steady, wheat mixed
Reading Time: 3 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures finished higher on Tuesday, after trading either side of steady for most of the session. Support for canola came from strong gains in the Chicago soy complex, but losses in MATIF rapeseed and Malaysian palm oil limited the upside. Declines in crude oil weighed on […] Read more
Only small adjustments in latest USDA supply/demand estimates
Reading Time: 2 minutes Corn ending stocks in the United States for 2025/26 will be slightly tighter than earlier expectations, but still record-large, according to updated supply/demand tables from the U.S. Department of Agriculture released Feb. 10.
A message from April Stewart, Country Guide's Associate Editor
