Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer Wednesday morning, lacking any clear direction as currency traders await news on the end of the government shutdown in the United States.      At 9:12 a.m. CST the Canadian dollar was trading at US$0.7137 or US$1=C$1.4011 which compares with Monday’s close of US$0.7133 or US$1=C$1.4020. Canadian […] Read more

Photo: Geralyn Wichers

Klassen: Weaker fed market weighs on feeder cattle prices

Reading Time: 2 minutes For the week ending November 8, Western Canadian feeder cattle markets traded $10-$20/cwt below values from seven days earlier. Some packages weighing from 600 to 850 pounds were down as much as $30 from week-ago levels. The April live cattle futures fell $10/cwt over the course of the week while Alberta barley prices gained $5-$8/cwt. […] Read more


Global Markets: Canada, China relations improving: ag minister

Reading Time: < 1 minute Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Canadian Agriculture Minister Heath MacDonald told Reuters on Monday, that relations between Canada and China are starting to heal. MacDonald said his trip included meetings with senior Chinese government officials as well as research and commercial […] Read more

ICE Canada Morning Comment: Canola pulling back

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were lower on Wednesday morning, as trading resumed following Remembrance Day. Canola was feeling the pressure from declines in Chicago soybeans and soyoil, plus losses in Malaysian palm oil and MATIF rapeseed. Crude oil was to the downside as well, weighing on vegetable […] Read more



Photo: Smederevac/Getty Images Plus

U.S. livestock: Hogs rebound, cattle hit upward limits

Reading Time: < 1 minute Chicago hog futures rallied on Monday after a long slide. Cattle futures also jumped with all feeder contracts hitting upward limits. Most-active December lean hog contracts closed at 82.775 cents a pound, up 3.375 cents. February futures settled at 82.825 cents per pound, up 3.475 cents. Pork carcass cutout value ended the afternoon at $100.22 […] Read more


Canadian Financial Close: Possible end to U.S. government shutdown lifts markets

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar closed Monday on a high note, buoyed by gains in crude oil.     The loonie rose to US$0.7133 or US$1=C$1.4020 on Monday, compared to US$0.7111 or US$1=C$1.4063 on Friday.      The United States Dollar Index was down 0.03 of a point at 99.58. On Sunday, the U.S. Senate passed a […] Read more

North American Grain/Oilseed Review: Positives for canola, CBOT

Reading Time: 3 minutes Glacier FarmMedia -– Canola futures on the Intercontinental Exchange increased on Monday, reversing course from earlier losses.      Chicago soyoil and Malaysian palm oil were on the rise, while European rapeseed traded on both sides of unchanged. Meanwhile, crude oil prices were slightly higher despite oversupply fears.      An analyst said a lack of export […] Read more


ICE Midday: Canola down, comparable oils mixed

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in the middle of Monday trading amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were up, while European rapeseed traded to either side of unchanged. Crude oil prices were down slightly. An analyst said a lack of export demand […] Read more