Markets
Reading Time: 2 minutes Australian farmers are expected to favour less nitrogen-intensive crops such as barley over wheat and canola in the upcoming season due to rising fertilizer and fuel costs.
Markets
Australian farmers shift to less fertilizer-intensive crops as Iran war costs surge
ICE Midday: Canola rising ahead of long weekend
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher mid-session Thursday, recovering most of Wednesday’s losses. United States President Donald Trump said in a televised address on Wednesday that Iran will be hit hard by attacks over the next two to three weeks while stopping short of saying when he expected the war […] Read more
Global Markets: Crude soars on Trump war comments
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Crude oil prices were sharply higher on Thursday morning, following the televised address by United States President Donald Trump on Wednesday evening. Trump did not say when the Middle East war could be […] Read more
ICE canola lifted by crude oil
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange on Thursday were recovering from Wednesday’s losses, supported by crude and vegetable oils. United States President Donald Trump delivered a televised address on Wednesday, saying U.S. forces could hit Iran hard over the next two to three weeks. He stopped short of saying when he expects […] Read more
Canadian Dollar and Business Outlook: Loonie resumes backtracking
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar stepped back Thursday morning, after a positive close on Wednesday. The loonie was pulled lower by an increase in the United States dollar, while hikes in crude oil tempered the downside. As of 8:37 am CDT, the Canadian dollar was at US$0.7186 or US$1=C$1.3919 compared to […] Read more
India, Japan canola crops to be steady in 2026/27 – USDA
Reading Time: 2 minutes Canola supplies for India and Japan are expected to remain relatively stable in the 2026/27 crop year, the United States Department of Agriculture said.
ICE Weekly: Trade waits for canola to break out
Reading Time: 2 minutes Phil Speiss of RBC Dominion Securities in Winnipeg believes canola could enter a bearish downturn, but the war in Iran and volatile oil prices are complicating matters.
Canadian Financial Close: Loonie regains some ground
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar gained slightly more than a quarter of a cent on Wednesday, as it stemmed a series of declines. The loonie finished at US$0.7200 or US$1=C$1.3888 compared to Tuesday’s close of US$0.7174 or US$1=C$1.3939. On the U.S. Dollar Index, the greenback was down 0.359 of a point […] Read more
U.S. Grain/Oilseed Review: Wheat prices fall in down day on CBOT
Reading Time: 2 minutes Glacier FarmMedia – WHEAT futures lost more than 15 cents per bushel on Wednesday to go with overall weakness in the markets, as well as upcoming precipitation next week. The National Weather Service is forecasting above-normal precipitation across the entire United States Plains for April 8 to 14, which would alleviate dry conditions in winter […] Read more
ICE Closing Review: Canola pulls back as crude oil falls
Reading Time: < 1 minute Glacier FarmMedia – It was a red day on the markets and canola futures on the Intercontinental Exchange were no exception. Crude oil lost between US$2 to US$4 per barrel the United States and Iran said there could be an end to the Middle East war in the near future. The news shrunk the risk […] Read more