Markets
Reading Time: 2 minutes Tariffs were a major influence on Canadian yellow pea prices in 2025, with levies imposed by China and India. The two countries are Canada’s biggest foreign pulse buyers.
Markets
Pulse Weekly: Tariffs guide yellow peas in 2025
ICE Midday: Canola turns back
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were pulling back in the middle of Tuesday trading after seeing strong gains on Monday. Chicago soyoil and European rapeseed were also retreating while Malaysian palm oil was slightly higher. Crude oil was also in decline due to ample global supplies and despite Russian attacks on […] Read more
Global Markets: Canadian economy shrinks in October
Reading Time: < 1 minute Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Tuesday that the country’s economy contracted by 0.3 per cent in October, its largest monthly drop in nearly three years. The manufacturing sector was down 1.5 per cent from September, while wood […] Read more
ICE Canada Morning Comment: Canola correcting lower
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were stepping back on Tuesday morning, following yesterday’s strong gains. Losses in Chicago soyoil and MATIF rapeseed pressured canola while support came from gains in Chicago soybeans and soymeal, as well as Malaysian palm oil. Ample canola supplies, lacklustre exports and the absence […] Read more
Canadian Dollar and Business Outlook: A little bit more strength for loonie
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar pushed up on Tuesday morning, as its United States counterpart lost ground, but the increases were tempered by a lack of direction from crude oil. Statistics Canada reported the country’s GDP contracted by 0.3 per cent in October, with preliminary reports pointing to a […] Read more
U.S. livestock: Hogs rise ahead of ‘Hogs and Pigs’ report
Reading Time: < 1 minute Chicago cattle futures continued to inch upward on Monday. Hogs also rose in anticipation of Tuesday’s Hogs and Pigs report. Most-active February live cattle futures closed at 231.425 cents a pound, up 0.625 cents. April live cattle settled at 231.075 cents a pound, up 1.075 cents. Most-active March feeder cattle closed at 340.500 cents a […] Read more
U.S. grains: Wheat leads grains higher with Russian strikes in focus
Reading Time: 2 minutes Chicago | Reuters – Chicago wheat rebounded on Monday as reports of more Russian strikes on Ukrainian port infrastructure rekindled concerns about war risks to Black Sea grain trade, encouraging investors to cover short positions after an eight-week low last week. Soybeans were also higher, breaking a run of six falling sessions, as the oilseed […] Read more
Canadian Financial Close: Loonie adds nearly 2/10ths of a cent
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was higher on Monday, propelled by declines in the United States dollar and upticks in crude oil. The loonie closed at US$0.7274 or US$1=C$1.3748 compared to Friday’s close of US$0.7256 or US$1=C$1.3781. On the U.S. Dollar Index, the greenback gave up 0.297 of […] Read more
North American Grain/Oilseed Review: Canola surges, grains in the green
Reading Time: 2 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange finally found strength on Monday after a lengthy downturn that lasted for most of December. An analyst said canola’s bounce back may be the result of lighter trading going into the holiday season. Crude oil gained more than US$1 per barrel on Monday after the White […] Read more
ICE Midday: Canola bounces back ahead of winter holidays
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were continuing to rebound in the middle of Monday trading after three weeks of steady declines. An analyst said canola’s sudden upswing may be the result of lighter trading heading into the holiday season. Chicago soyoil, European rapeseed and Malaysian palm oil were higher today. Crude […] Read more