Markets
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar took a step back this morning as crude oil prices dropped due to an easing in tensions between the United States and the rest of the world. The loonie was at US$0.7234 or US$1=C$1.3824 as of 8:50 a.m. CST, compared to Wednesday’s close at US$0.7239 or US$1=C$1.3814. […] Read more
Canadian Dollar and Business Outlook: Loonie down as U.S. tensions ease
U.S. livestock: CME cattle futures climb on technical trading, rising wholesale prices
Reading Time: 2 minutes Chicago | Reuters – Cattle futures on the Chicago Mercantile Exchange rose for a second session on Wednesday in technical trading, as wholesale beef prices firmed, traders said. The U.S. Department of Agriculture quoted the choice boxed beef cutout value at $366.18 per hundredweight (cwt) on Wednesday morning, up $1.42 from a day earlier. Select […] Read more
U.S. grains: Soybeans regain ground on slowed South American harvest
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures bounced on Wednesday on a slow start to the South American harvest. Meanwhile, talks between U.S. and Chinese officials boosted export sentiment and shifted attention from a diplomatic dispute over Greenland, analysts said. Wheat and corn also rebounded from drops a day earlier, with mixed weather conditions in […] Read more
Agriculture Canada expects farmers to plant more canola, less pulses in 2026/27
Reading Time: 3 minutes Canadian farmers will plant more canola in 2026/27, while lowering their pulse and special crop area, according to the first supply/demand estimates from Agriculture and Agri-Food Canada for the upcoming marketing year.
ICE Canada Weekly: Canola premium required
Reading Time: 2 minutes In order to get Canadian farmers to plant at least the same amount of canola this spring as they did last spring, they are likely going to need a premium, said Jerry Klassen, analyst with Resilient Capital in Winnipeg.
Canadian Financial Close: Loonie up amidst positive markets
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar showed a small increase on Wednesday, following gains in crude oil. The loonie settled at US$0.7239 or US$1=C$1.3814, compared to US$0.7231 or US$1=C$1.3829 on Tuesday. The U.S. Dollar Index was up 0.16 of a point at 98.80. Crude oil prices were higher as the fire in an […] Read more
CBOT weekly outlook: Large South American crops looming
Reading Time: 2 minutes Soybean futures at the Chicago Board of Trade moved off nearby lows during the week ended Jan. 21, as solid export sales and talk of movement on biofuel blending requirements in the United States provided support. However, the advancing South American harvest may limit further gains.
North American Grain and Oilseed Review:Big gains for canola
Sharp improvements in CBOT soybeans, soyoil
Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed stronger on Wednesday, riding the spillover from sharp increases in Chicago soybeans and soyoil. There was additional support from gains in MATIF rapeseed and Malaysian palm oil. Also, canola continued to benefit from Friday’s Canada-China trade deal and news that China bought 60,000 tonnes […] Read more
ICE Canola Midday: Good spillover support from soybeans, soyoil
Uncertainty over Chinese import volumes
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on late Wednesday morning, gleaning spillover from upswings in Chicago soybeans and soyoil. Additional support came from increases in MATIF rapeseed and Malaysian palm oil. Meanwhile, crude oil was relatively steady, providing little direction to the vegetable oils. The Canada-China trade […] Read more
Ukraine wheat exports remain low amid Russian attacks on ports, weak demand
Reading Time: < 1 minute Ukraine’s wheat exports remained relatively low in the first half of January amid Russian attacks on Ukrainian seaports and low external demand, data from the country’s grain traders union UGA showed on Wednesday.
A message from April Stewart, Country Guide's Associate Editor
