Markets
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. November retail sales were up 1.3 per cent at C$70.4 billion, Statistics Canada reported on Friday. There were gains in eight of the nine subsectors tracked, with food and beverages retailers leading the […] Read more
Global Markets: Retail sales improve in November
Canadian Dollar and Business Outlook: Loonie, crude oil rise
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar looked to end the week on a high note on Friday. The loonie was at US$0.7265 or US$1=C$1.3765 as of 8:35 a.m. CST, compared to Thursday’s close at US$0.7247 or US$1=C$1.3798. Statistics Canada reported this morning that retail sales were up 1.3 per cent to C$70.4 billion […] Read more
U.S. livestock: Cattle steady ahead of feed report
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange held close to unchanged on Thursday, with the bias lower in the most active months.
Canadian Financial Close: Loonie higher, crude oil drops
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar continued to rise on Thursday due to its weaker United States counterpart. The loonie settled at US$0.7247 or US$1=C$1.3798, compared to US$0.7239 or US$1=C$1.3814 on Wednesday. The U.S. Dollar Index was down 0.43 of a point at 98.33. Crude oil prices were down as geopolitical tensions involving […] Read more
Feed Grain Weekly: Barley still the king of Canadian feed grains
Reading Time: 2 minutes Brandon Motz of CorNine Commodities in Lacombe, Alta. said barley is still the preferred feed grain of choice here and abroad.
North American Grain and Oilseed Review: Canola’s front months nudge up
Wheat leads CBOT futures higher
Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were mixed on Thursday, with small increases in the old crop months and losses in the new crop positions. While gains in Malaysian palm oil, along with Chicago soybeans and soymeal provide support to canola, losses in Chicago soyoil and MATIF rapeseed weighed on values. […] Read more
U.S. grains: Chicago soybeans chop up and down as traders assess China demand
Reading Time: 2 minutes Soybean futures close mixed, wheat and corn higher on Thursday, Jan. 22.
ICE Canola Midday: Trying to hang on to increases
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mixed on Thursday, struggling to recoup and maintain earlier gains. An analyst said there was, “not too much at play” in the markets on Thursday. An about-face in Chicago soyoil took away a lot of canola’s strength, although soybeans and soymeal remained […] Read more
Global Markets: Trump claims progress on Greenland
Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump posted on his Truth Social platform on Wednesday that the framework for a future deal on Greenland was agreed to with NATO Secretary General Mark Rutte and Danish […] Read more
ICE canola correcting lower Thursday morning
Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Thursday morning, taking back some of Wednesday’s gains. Chart-based positioning was a feature, as canola was starting to look overbought by some technical indicators. Losses in Chicago soyoil also weighed on values, although soybeans were higher. European rapeseed and Malaysian palm oil were narrowly mixed on the […] Read more
A message from April Stewart, Country Guide's Associate Editor
