Canadian Financial Close: BoC, Fed decide on interest rates

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar nudged a little higher on Wednesday, after the Bank of Canada and the United States Federal Reserve announced their respective interest rate decisions.          The loonie increased to US$0.7228 or US$1=C$1.38435, compared to US$0.7223 or US$1=C$1.3844 on Tuesday. In meeting analysts’ expectations, the BoC maintained its key rates of […] Read more

Photo: Geralyn Wichers

U.S. livestock: Cattle, hogs mostly up

Reading Time: < 1 minute Chicago cattle futures ended mostly up on Wednesday while hogs also gained ground. Most-active April live cattle closed at 228.375 cents a pound, up 1.475 cents. December futures edged down 0.025 cents to close at 226.800 cents a pound. Most-traded January feeder cattle futures settled at 338.375 cents a pound, up 2.875 cents. March contracts […] Read more





North American Grain and Oilseed Review: Canola reverses course

U.S. soy nudges up as corn, wheat pull back

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed lower on Wednesday, in what a trader said is a very tough market due to its price swings. Although China remains out of the Canadian export market, the trader said the domestic crushers are running at capacity with farmers willing to sell […] Read more



ICE Canola Midday: Prices lower in ‘tough market’

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – There were losses in canola on the Intercontinental Exchange mid-morning Wednesday, in what a trader called a “tough market to trade.” The trader said it’s very difficult right now to get a good idea as to where canola prices are heading day-to-day. “It gets to $625 (per […] Read more

Global Markets: Rate freeze from the BoC

Reading Time: 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There were no changes to the Bank of Canada’s key interest rates on Wednesday. The BoC opted to freeze its rates at 2.25 per cent as economic trends improved, In October, the central […] Read more


Canadian Dollar and Business Outlook: BoC leaves rate as is

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar dipped a little on Wednesday after the Bank of Canada’s latest interest rate announcement.      The loonie was at US$0.7217 or US$1=C$1.3856 as of 8:53 a.m. CST, compared to Tuesday’s close at US$0.7223 or US$1=C$1.3844. The BoC announced this morning it’s leaving its key interest rates unchanged at 2.25 […] Read more

ICE canola continues higher Wednesday morning

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were stronger Wednesday morning, seeing follow-through buying interest after Tuesday’s correction off nearby lows. Oversold price signals on the charts contributed to the gains, with end user bargain hunting also thought to be supportive. Improving cash basis levels in the countryside suggest steady commercial buying in the face of […] Read more