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Futures

ICE Midday: Canola holds steady

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Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were virtually unchanged in the middle of Tuesday trading as trading had been choppy. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. However, crude oil eased off as officials from the United States and Russia met in Moscow today to discuss a potential end […] Read more
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Livestock, Markets

Klassen: Feeder market has volatile week

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Reading Time: 2 minutes For the week ending November 29, Western Canadian feeder cattle markets traded $10/cwt higher to 10/cwt lower compared to seven days earlier. Markets were hard to define given the volatility and emotional behavior. Certain larger operations were extremely aggressive securing ownership across Western Canada while Ontario demand was more prevalent late in the week. Alberta […] Read more
Currency Markets

Canadian dollar and business outlook

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer Tuesday morning.      At 8:58 a.m. CST the Canadian dollar was trading at US$0.7145 or US$1=C$1.3996 which compares with Monday’s close of US$0.7154 or US$1=C$1.3979.      The Organization for Economic Cooperation and Development (OECD) raised its forecast for growth in the world economy in 2025 to […] Read more
Global markets

Global Markets: Carney shuffles his cabinet

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Reading Time: 2 minutes Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.      – Prime Minister Mark Carney shuffled his cabinet on Monday, adding Marc Miller as the new minister of Canadian identity, culture and official languages. Miller was previously a cabinet minister under the Justin Trudeau government. In addition, […] Read more
Futures

ICE Canada Morning Comment: Canola dips lower

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures dipped lower on Tuesday morning, after starting the session on the upswing. Pressure came from losses in Chicago soyoil, but there were gains in soybeans and soymeal. Malaysian palm oil and MATIF rapeseed were also climbing upward, but declines in crude oil pressured […] Read more
Currency Markets

Canadian financial close: C$ steady to start week

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar failed to hold onto earlier gains relative to its United States counterpart on Monday, holding steady to start the week.      The Canadian dollar settled at US$0.7154 or US$1=C$1.3979, which was unchanged with Friday’s close.      Canada’s manufacturing sector contracted in November, with the S&P Global Canada Manufacturing Purchasing […] Read more
Futures

North American Grain/Oilseed Review: Canola, grains move downward

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Reading Time: 3 minutes Glacier FarmMedia -– Canola futures on the Intercontinental Exchange were lower in Monday trading amidst mixed sentiment in comparable oils. However, the January contract remained above its 20-day average.      Chicago soyoil was up, while European rapeseed and Malaysian palm oil were down. Crude oil was higher due to tensions between the United States and […] Read more
Futures

ICE Midday: Canola starts week in the red

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Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower in the middle of Monday trading, with the January contract trading below its 20-day average, amidst mixed sentiment in comparable oils. Chicago soyoil was slightly higher, while European rapeseed and Malaysian palm oil were down. Crude oil gained US$1 per barrel due to tensions […] Read more

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