Canadian Financial Close: Loonie, crude oil move downward

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar dipped on Thursday to its lowest close in six months after a week of staying rangebound.      The loonie closed at US$0.7143 or US$1=C$1.4000, compared to US$0.7167 or US$1=C$1.3952 on Wednesday. A stronger United States dollar and lower crude oil prices pressured the loonie.      The U.S. Dollar Index […] Read more


North American Grain and Oilseed Review: Small losses in most canola positions

Reading Time: 3 minutes U.S. soy, corn down, while wheat is mixed By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures were mostly a pinch lower on Thursday, after a good amount of choppy trading. Only the January contract managed to finish higher. Losses in the Chicago soy complex weighed on canola values, with upticks in […] Read more

ICE Canola Midday: A ‘nothing day’ for Canadian oilseed

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were on the rise late Thursday morning on what a trader called a “nothing day” as prices had been shifting to either side of unchanged. The trader said canola had a bit of a run-up this week and the market had […] Read more



Global Markets: Israel, Hamas sign ceasefire

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There was jubilation in Israel and Gaza on Thursday, as Israel and Hamas signed a ceasefire agreement in Egypt. The deal comes after two years of war that has thoroughly devastated Gaza. Among […] Read more


Canadian Dollar and Business Outlook: Little movement in markets

Reading Time: < 1 minute Glacier FarmMedia– The Canadian dollar continued to show little movement on Thursday.      The loonie was at US$0.7165 or US$1=C$1.3957 as of 8:38 a.m. CDT, compared to Wednesday’s close at US$0.7167 or US$1=C$1.3952.      The United States Dollar Index was up 0.06 of a point at 98.97.      Crude oil prices added onto their recent […] Read more

ICE canola turning lower in choppy trade

Reading Time: < 1 minute Glacier FarmMedia — The ICE canola market was trading to both sides of unchanged in choppy activity Thursday morning, with the bias turning to the downside. Losses in Chicago soyoil and soybeans accounted for some spillover selling pressure, while European rapeseed and Malaysian palm oil were both higher. The canola harvest is in its final […] Read more


Photo: Lisa Guenther

U.S. livestock: Feeder cattle hit record high on tight supply, strong cash prices

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures scaled to a record high on Wednesday on strong cash market prices and tight supplies as the U.S. border remains closed to Mexican imports due to the northward spread of the parasitic pest screwworm. Live cattle followed feeders higher, supported by a rebound in wholesale […] Read more