ICE canola supported, strengthens

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to rally, fuelled by comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil made gains to start the day. Meanwhile, crude oil was also higher due to the weaker U.S. dollar, the arrival of U.S. warships to the Middle East and continued disruptions at […] Read more

Canadian Dollar and Business Outlook: Loonie getting stronger

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar continued higher on Wednesday morning, following the Bank of Canada’s latest announcement on its key overnight rate. The BoC froze that interest rate at 2.25 per cent, noting that little has changed economically for Canada, however the central bank noted unstable United States trade policies and […] Read more


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U.S. grains: Soybean futures rise as dollar hits four-year low

Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures crept higher on Tuesday and wheat finished nearly unchanged as a sliding dollar underpinned prices. Corn futures ended slightly lower. The drop in the dollar index, which sank near a four-year low, helped to steady grain prices after a pullback on Monday, making U.S. crops look cheaper overseas, […] Read more

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U.S. livestock: Cattle retreat, hogs rise

Reading Time: < 1 minute Chicago cattle futures retreated on Tuesday as regions of the U.S. reopened following snowstorms. “Weather impacts on the cattle market should begin to loosen up starting today as the region thaws,” StoneX said in a note. Most-active April live cattle futures lost 0.600 cents to close at 237.400 cents a pound. June contracts closed at […] Read more





North American grain/oilseed review: Canola narrowly mixed

Reading Time: 2 minutes      Glacier FarmMedia — The ICE Futures canola market closed narrowly mixed on Tuesday, as spillover support from gains in Chicago soyoil was countered by the bearish influence of the rising Canadian dollar. Soyoil futures settled at their highest levels in five months, with soybeans also up on the day. European rapeseed and Malaysian palm […] Read more

ICE canola firm, but backing off highs at midday

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were holding onto small gains at midday Tuesday, but well off their session highs. Gains in the Chicago soy complex provided spillover support for the Canadian oilseed. Malaysian palm oil was also higher in overnight trade, while European rapeseed traded narrowly mixed. Chinese importers have bought up to […] Read more



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Klassen: Western Canadian calf prices ratchet higher

Reading Time: 2 minutes For the week ending January 24, Western Canadian feeder cattle markets traded $10/cwt lower to $10/cwt higher compared to seven days earlier. The market was quite variable depending on flesh conditions and genetic quality. Prices for backgrounded yearlings or fall placed calves were steady to $5 higher on larger packages on controlled weight gain diets; […] Read more