Markets
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There will now be a 50 per cent tariff on copper imported by the United States. President Donald Trump made the announcement on Tuesday. Canada is the number two supplier of […] Read more
Global Markets: Trump slaps on copper tariff
Canada is number two supplier to U.S.
ICE canola drops with soyoil Wednesday morning
Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, taking back Tuesday’s gains with losses in outside markets accounting for some of the spillover selling pressure. Chicago soyoil and European rapeseed futures were lower, although Malaysian palm oil hit three-month highs overnight before running into resistance. Chart-based positioning was a feature, with the November […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil slip
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar resumed its downturn on Wednesday, moving closer to the 73 United States cent mark. The loonie was at US$0.7305 or US$1=C$1.3689 as of 8:40 a.m. CDT, compared to Tuesday’s close at US$0.7312 or US$1=C$1.3677. The United States Dollar Index added 0.02 of a point at 97.54. U.S. […] Read more
Canadian Financial Close: Loonie down, Trump imposes copper tariff
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar retreated by approximately one-tenth of a United States cent on Tuesday despite increased crude oil prices. The loonie closed the day at US$0.7312 or US$1=C$1.3677, compared to US$0.7323 or US$1=C$1.3656 on Monday. The U.S. Dollar Index was up 0.02 of a point at 97.50. U.S. President Donald Trump […] Read more
U.S. grains: Corn futures slip further as US crop conditions improve
Reading Time: 2 minutes Chicago Board of Trade corn futures extended losses on Tuesday to approach a 2025 low as improved U.S. crop ratings and forecasts for more benign weather fueled expectations for a bumper harvest.
Pulse Weekly: Conditions vary across Saskatchewan
Weather, lack of moisture affecting crops
Reading Time: 2 minutes Pulse conditions in Saskatchewan are varied across the province with the worst-faring crops located in the western half.
North American Grain and Oilseed Review: Gains end canola’s downturn
Good conditions in U.S. generate more losses
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Tuesday, ending a series of sharp losses. A broker said the recent selloff petered out and the trade was concerned about tight old crop supplies. The trade also continued to be wary about dry conditions across much of the […] Read more
ICE Canola Midday: Futures reverse course with gains
Dry conditions persisting
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher late Tuesday morning, despite losses in the Chicago soy complex. “We sold off hard and there’s still a tight balance sheet,” said a broker. Canola had dropped significantly over the last few sessions. Also, Canada’s canola exports and domestic use […] Read more
Klassen: Feeder market may have overextended to the upside
Reading Time: 2 minutes For the week ending July 4, there were no feeder cattle sales in Western Canada due to holidays on July 1 and July 4. Major auction markets in the U.S. were also closed or had limited numbers on offer. Prices quoted from south of the border were steady to $4 higher on average but the market was hard to define.
Global Markets: Trump tells 14 countries to cut deals with U.S.
Canada not among the 14
Reading Time: 2 minutes By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump posted letters on Truth Social on Monday, warning 14 countries to make trade deals with the U.S. Trump also extended the deadline for countries for the […] Read more
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