Global Markets: Canada’s inflation rate declines

Reading Time: < 1 minute Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Statistics Canada reported today that the country’s annual inflation rate dipped to 2.2 per cent in October, compared to 2.4 per cent in September. Grocery prices dropped by 0.6 per cent, their biggest monthly drop in […] Read more

ICE canola rising to start week

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were stronger Monday morning, taking back most of Friday’s losses to start the week. The January contract was trading just below two-month highs, facing resistance around C$655 per tonne. Gains in the Chicago soy complex provided spillover support, with talk of increased Chinese purchases of soybeans from the United […] Read more



Photo: Geralyn Wichers

U.S. livestock: Cattle, hog futures rise on first WASDE since September

Reading Time: < 1 minute Chicago cattle and hog futures made modest gains on Friday after the USDA released its first World Agricultural Supply and Demand Estimates (WASDE) since the the U.S. government shut down on October 1. Most-active February live cattle futures rose by 0.575 cents to close at 219.525 cents a pound. December contracts settled at 219.150 cents […] Read more


Canadian financial close: C$ steady to end week

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar held relatively steady on Friday. While solid domestic economic data and gains in crude oil were supportive, broad strength in the United States dollar internationally weighed somewhat on the loonie.      The Canadian dollar settled at US$0.7130 or US$1=C$1.4025, which compares with Thursday’s close of US$0.7134 or US$1=C$1.4018.       […] Read more






ICE Midday: Canola still on the rise

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange extended their rally on Friday. An analyst said if the January contract can stay above C$650 per tonne throughout the entire session, it would begin to establish a “base of resistance”. However, he also believes the contract to be slightly overbought. The Canadian Grain Commission reported […] Read more