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Canadian dollar and business outlook

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding relatively steady Wednesday morning. At 9:07 a.m. CST the Canadian dollar was trading at US$0.7200 or US$1=C$1.3889 which compares with Tuesday’s close of US$0.7201 or US$1=C$1.3886. Canadian Prime Minister Mark Carney is in China this week, with trade expected to be a key topic of discussion. Carney’s […] Read more
Global markets

Global Markets: Carney lands in China

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Reading Time: 2 minutes Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Canadian Prime Minister Mark Carney arrived in China on Wednesday, becoming the first Canadian prime minister to visit the country in eight years. Carney will meet with senior Chinese officials on Thursday before a Friday meeting […] Read more
Futures

ICE Canada Morning Comment: Canola continues higher Wednesday

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures tacked on modest gains Wednesday morning, adding to Tuesday’s sharp increases. Support for canola came from upticks in the Chicago soy complex, while slight declines in MATIF rapeseed and Malaysian palm oil limited the upswing. Higher crude oil prices underpinned the vegetable oils. Canadian Prime […] Read more
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Livestock, Markets

U.S. livestock: Cattle, hogs rally

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Reading Time: < 1 minute Chicago Mercantile Exchange cattle and hog futures rallied on Tuesday. Most-active April live cattle gained 2.900 cents to close at 238.975 cents a pound. February live cattle settled at 237.250 cents a pound, up 2.000 cents. Most-traded March feeder cattle gained 5.950 cents to settle at 362.125 cents per pound. April feeders closed at 360.600 […] Read more
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Markets, Reuters

U.S. grains: Corn, soybeans hit lowest prices since October on big supplies

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Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures slid to a three-month low on Tuesday, extending declines from the prior day triggered by the U.S. Department of Agriculture’s outlook for massive supplies following a record-large U.S. harvest. Soybeans touched a two-and-a-half-month low after the USDA on Monday trimmed its U.S. export view and raised its harvest […] Read more
Currency Markets

Canadian financial close: C$ softens slightly

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart on Tuesday. The Canadian dollar settled at US$0.7201 or US$1=C$1.3886, which compares with Monday’s close of US$0.7207 or US$1=C$1.3875. While touring a Ford plant in Michigan, U.S. President Donald Trump claimed the country’s agreement with Canada and Mexico (CUSMA) was […] Read more
Futures

North American Grain/Oilseed Review: Canola rises, U.S. grains, oilseeds in the red

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Reading Time: 2 minutes Glacier FarmMedia -– Canola futures on the Intercontinental Exchange rose on Tuesday ahead of Canadian Prime Minister Mark Carney’s visit to China.      Trade and agriculture will be two of the topics up for discussion during Carney’s visit. China imposed 100 per cent tariffs of Canadian canola oil and meal, as well as a 75.8 […] Read more
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Livestock, Markets

Klassen: Feeder cattle market starts 2026 with stronger tone

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Reading Time: 2 minutes For the week ending January 10, Western Canadian feeder cattle markets were up $8-$10/cwt on average compared to three weeks earlier. Strength was noted in backgrounded pre-conditioned replacements weighing 700 pounds plus. Quality genetic packages with full processing were up $20/cwt in some cases. The weather was quite variable and feedlots have experienced above normal […] Read more

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