Agriculture Market Updates & Outlook

U.S. Grain/Oilseed Review: All-around positive day for CBOT grains

By GFM Network News 3 days ago

Reading Time: 2 minutes Glacier FarmMedia – WHEAT saw double digit gains on Wednesday as weather concerns enter the market, as well as war premiums. Much of the United States Plains from Nebraska to Texas will be dry over the next week. Meanwhile, soft red winter wheat growing areas in the U.S. will also remain dry with some scattered […] Read more

Futures

ICE Closing Review: Canola breaks downward late in trading

By GFM Network News 3 days ago

Reading Time: 2 minutes Glacier FarmMedia -– Canola futures on the Intercontinental Exchange ended Wednesday in negative territory after showing gains for most of the session. Profit-taking and a drop in crude oil were the likely factors. West Texas Intermediate crude oil was down after United States President Donald Trump suspended the Jones Act, which prevents foreign vessels […] Read more

Markets, Spring Wheat

Prairie CWRS wheat bids mixed

By Phil Franz-Warkentin 3 days ago

Reading Time: < 1 minute Canada spring wheat bids were mixed during the week ended March 17, as the United States futures traded in a wide range and the Canadian dollar weakened. General uncertainty in the world markets due to the escalating conflict in the Middle East accounted for some of the choppiness in the wheat market.

Ample global supply weighed on prices of staple crops such as corn and soybeans in the past two years and eroded earnings for agribusiness groups like LDC and U.S. rivals ADM, Bunge Global and Cargill. Photo: Getty Images Plus

Markets, News, Reuters

Crop merchant Louis Dreyfus reports lower profits, higher volumes for 2025

By Gus Trompiz, Reuters 3 days ago

Reading Time: 2 minutes Global agricultural commodity merchant Louis Dreyfus Company said on Wednesday it had recorded a decline in annual profit, driven by lower prices for most crops and market uncertainty arising from tariffs and economic concerns.

Futures

ICE Midday: Canola maintains upward momentum

By GFM Network News 3 days ago

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to rise higher on Wednesday, although the gains have cooled from earlier today. Chicago soyoil and Malaysian palm oil were up while European rapeseed was mostly higher in the middle of trading. Crude oil maintained its unfettered rise, gaining more than US$2.50 per barrel after […] Read more

The Bank of Canada, which has kept its rate at 2.25 per cent since last October, said the Middle East conflict would drive up gasoline prices and boost inflation in the short term. Photo: Getty Images Plus

Markets, News, Reuters

Bank of Canada holds rates, says it would hike them to prevent persistent inflation

By David Ljunggren, Promit Mukherjee, Reuters 3 days ago

Reading Time: 2 minutes The Bank of Canada on Wednesday kept its key policy rate on hold as widely expected but Governor Tiff Macklem said the central bank was ready to raise rates to prevent higher energy prices becoming persistent inflation.

Global markets

Global Markets: BoC leaves interest rate unchanged

By GFM Network News 3 days ago

Reading Time: 2 minutes Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada announced on Wednesday it will not change its key interest rate, leaving it at 2.25 per cent. The decision was widely expected from economists, despite the war in the Middle East and […] Read more

Currency Markets

Canadian dollar and business outlook

By GFM Network News 3 days ago

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer Wednesday morning ahead of the latest policy announcements from the Bank of Canada and the United States Federal Reserve. At 8:36 a.m. CDT the Canadian dollar was trading at US$0.7289 or US$1=C$1.3719 which compares with Tuesday’s close of US$0.7300 or US$1=C$1.3699. Most analysts expect the Bank of […] Read more

Futures

ICE Canada Morning Comment: More gains for canola

By GFM Network News 3 days ago

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Wednesday morning, shedding overnight losses. The Chicago soy complex turned around as well, with strong gains in soyoil. MATIF rapeseed and Malaysian palm oil were also on the rise. Following overnight attacks in the Middle East war, crude oil was […] Read more

Currency Markets

Canadian financial close: C$ weaker Tuesday

By GFM Network News 4 days ago

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer on Tuesday, as currency traders adjusted positions ahead of policy announcements from several central banks later this week. The Canadian dollar settled at US$0.7300 or US$1=C$1.3699, which compares with Monday’s close of US$0.7313 or US$1=C$1.3675. The Bank of Canada and the U.S. Federal Reserve will announce their […] Read more

Daily Network News

USDA attachés forecast some changes in China’s oilseeds, cereals

China urges hog producers to manage output, vows timely reserve adjustments

Farm Credit Canada offers aid to farmers, companies affected by Iran war price spikes

Markets

U.S. Grain/Oilseed Review: All-around positive day for CBOT grains

ICE Closing Review: Canola breaks downward late in trading

Prairie CWRS wheat bids mixed

Crop merchant Louis Dreyfus reports lower profits, higher volumes for 2025

ICE Midday: Canola maintains upward momentum

Bank of Canada holds rates, says it would hike them to prevent persistent inflation

Global Markets: BoC leaves interest rate unchanged

Canadian dollar and business outlook

ICE Canada Morning Comment: More gains for canola

Canadian financial close: C$ weaker Tuesday

A message from April Stewart, Country Guide's Associate Editor

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for March 20, 2026

Latest Market News