North American grain/oilseed review: Canola downtrend continues

Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market continued lower on Wednesday, setting fresh nine-month lows. Chicago soybeans and European rapeseed futures were also weaker on the day, although soyoil was higher at the final bell. Large supplies and the slow export pace continued to overhang the canola market, with burdensome ending stocks expected for […] Read more

ICE canola slide continues Wednesday

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts continued their downward slide of the past week at midday Wednesday, lacking any fresh supportive news. Losses in the Chicago soy complex accounted for some spillover selling pressure in the Canadian oilseed. European rapeseed was also lower, although Malaysian palm oil and crude oil were higher. Chart-based selling […] Read more



ICE canola lower despite rising crude oil

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange remained in negative territory on Wednesday morning as nearby prices stay at least C$30 per tonne below their 20-day averages. A lack of buying from China has put ongoing pressure on canola prices. However, the oilseed received support from comparable oils. European rapeseed and Malaysian palm […] Read more


Canadian Dollar and Business Outlook: Loonie pulling back

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Wednesday morning, as its United States counterpart found strength. As of 8:37 am CST, the loonie was at US$0.7259 or US$1=C$1.3776, compared to Tuesday’s close of US$0.7274 or US$1=C$1.3748. On the U.S. Dollar Index, the greenback gained 0.311 of a point […] Read more

Canadian Financial Close: Loonie edges upwards

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar bumped up on Tuesday, supported by declines in the United States dollar and despite sharp losses in crude oil. The loonie closed at US$0.7274 or US$1=C$1.3748 compared to Monday’s close of US$0.7262 or US$1=C$1.3770. On the U.S. Dollar Index, the greenback was down […] Read more



Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: CBOT wheat sets fresh lows on supply pressure, Ukraine ceasefire talks

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures extended losses for a third session on Tuesday, slumping to fresh lows as the most-active contract hovered near prices not seen since late October, while bumper harvests in Argentina and Australia underscored hefty global supplies. The Rosario Grains Exchange last week raised its production estimate […] Read more