Markets
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Wednesday morning, At 8:52 a.m. CST the Canadian dollar was trading at US$0.7318 or US$1=C$1.3665 which compares with Tuesday’s close of US$0.7325 or US$1=C$1.3652. U.S. Vice President JD Vance said at a meeting of more than 50 countries Wednesday that […] Read more
Canadian dollar and business outlook
ICE Canada Morning Comment: Canola pushing higher
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Wednesday morning, getting support from other vegetable oils. There were increases in Chicago soyoil, MATIF rapeseed and Malaysian palm oil, but losses in Chicago soybeans and soymeal. Crude oil was relatively steady, providing little direction to the veg oils. The […] Read more
Canadian financial close: C$ firm Tuesday
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was firm on Tuesday, with advances in precious metals and crude oil underpinning the currency. The Canadian dollar settled at US$0.7325 or US$1=C$1.3652, which compares with Monday’s close of US$0.7312 or US$1=C$1.3676. Shifting geopolitical tensions were supporting energy markets on Tuesday, with Monday’s announced trade deal between the U.S. […] Read more
U.S. grains: Chicago corn, soy prices recover on updated biofuel guidance
Reading Time: 2 minutes Chicago | Reuters – Chicago grain and soybean futures regained ground on Tuesday as a selloff in commodity markets subsided and after the U.S. Treasury Department released updated guidance on biofuel tax credits, analysts said. The most-active soybean contract on the Chicago Board of Trade Sv1 settled 5-1/2 cents higher at $10.65-3/4 a bushel, recovering […] Read more
North American Grain/Oilseed Review: Canola, CBOT futures rise
Reading Time: < 1 minute Glacier FarmMedia -– Canola futures at the Intercontinental Exchange on Tuesday rebounded from Monday’s losses, thanks to support from comparable oils. An analyst said that the canola trade was getting “back to fundamentals” and a move above C$650 per tonne would be supportive from a chart standpoint. However, he questioned if the market would […] Read more
U.S. livestock: Cattle futures higher on tightening cattle supply
Reading Time: < 1 minute Chicago | Reuters – CME live and feeder cattle futures bounced for the second day on Tuesday on continued support from Friday’s U.S. Department of Agriculture biannual report that stated the U.S. cattle herd had fallen to its smallest size since 1951. CME April live cattle LCJ26 finished 2.1 cents higher at 241.625 cents per […] Read more
ICE Midday: Canola making solid gains
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were on the rise in the middle of Tuesday trading with Chicago soyoil helping lift prices. Chicago soyoil was up one United States cent per pound, while European rapeseed was also higher. Malaysian palm oil was slightly lower. Crude oil was also moving upward as it […] Read more
Mustard prices holding steady
Reading Time: 2 minutes Mustard markets in Western Canada are showing little movement this winter, said Norm Hall, board chair of the Saskatchewan Mustard Development Commission.
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Tuesday morning, consolidating in a narrow range after Monday’s drop from nearby highs relative to its United States counterpart. At 9:03 a.m. CST the Canadian dollar was trading at US$0.7313 or US$1=C$1.3674 which compares with Monday’s close of US$0.7312 or US$1=C$1.3676. Gains in crude oil and […] Read more
Global Markets: CPKC breaks January grain records
Reading Time: < 1 minute Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Canadian Pacific Kansas City announced on Monday it broke its grain shipping record for the month of January last month. CPKC transported 2.395 million tonnes, surpassing its own January monthly record from 2023. January’s 24,688 carloads […] Read more
A message from April Stewart, Country Guide's Associate Editor
