Markets
Mideast conflict is driving crude oil swings now spilling into canola and soyoil markets, while rising fuel and fertilizer costs eat up farmer gains.
Markets
Canola, soyoil markets swing hand-in-hand with crude
Mideast conflict is driving crude oil swings now spilling into canola and soyoil markets, while rising fuel and fertilizer costs…
Manitoba cattle prices, March 25
Price ranges from seven Manitoba auction markets during the week ending March 24, 2026.
Hormuz-driven fertilizer shortage could raise grain prices, Goldman Sachs says
Disruptions to nitrogen fertilizer supply through the Strait of Hormuz could reduce global grain yields and shift planting decisions, potentially…
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Feed Grain Weekly: Seasonal gains expected this spring
Feed grain prices have not yet been affected by rising fuel costs, but will continue to rise nonetheless, said a…
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Klassen: Stronger barley prices weigh on feeder cattle values
For the week ending March 21, Western Canadian feeder cattle markets traded $10/cwt higher to $10/cwt lower compared to seven…
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Feed grain weekly: Barley bids rise with crude and corn
Feed grain bids in Western Canada were showing strength in mid-March, as gains in crude oil spill into the agricultural…
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CBOT Weekly: Gains in commodities amidst Iran conflict differ from Ukraine war
To analyst Tom Lilja of Progressive Ag in Fargo, N.D., there’s a difference in the commodity markets currently with the…
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ICE Weekly: Canola to stay elevated as war persists
Canola prices will stay elevated as long as there is conflict in the Middle East, said a Winnipeg-based analyst.
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Bank of Canada holds rates, says it would hike them to prevent persistent inflation
The Bank of Canada on Wednesday kept its key policy rate on hold as widely expected but Governor Tiff Macklem…
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Canola, soyoil markets swing hand-in-hand with crude
Diplomatic uncertainty between the U.S. and Iran is whipsawing crude oil, pulling canola and soyoil along while fertilizer and diesel costs climb
Canadian Financial Close: Loonie down, TSX surges
Glacier FarmMedia – The Canadian dollar declined for the second straight day on Wednesday as crude oil prices eased off. The loonie closed at US$0.7246 or US$1=C$1.3801, compared to US$0.7267 or C$1=C$1.3761 on Tuesday. The United States Dollar Index gained 0.20 of a point at 99.63. Crude oil retreated after the U.S.
ICE Canada Weekly: More behind canola, soyoil than crude oil prices
There’s more to canola futures on the Intercontinental Exchange than crude oil and vegetable oils prices, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg.
U.S. Grain/Oilseed Review: Soybeans, corn, wheat on the rise
SOYBEAN futures at the Chicago Board of Trade were stronger on Wednesday, shrugging off sharp losses in crude oil, which managed to move away from its lows. United States President Donald Trump offered a 15-point plan to Iran for a ceasefire, which initially saw crude oil drop hard. However, Iran rejected the proposal and crude
ICE Closing Review: Soyoil pushes canola higher
By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were higher on Wednesday, due to sharp increases in Chicago soyoil and soybeans. Additional support came from upticks in most MATIF rapeseed contracts. Steep declines in crude oil had little effect on most vegetable oils, with losses in Malaysian palm oil. An analyst said
Manitoba cattle prices, March 25
Price ranges from seven Manitoba auction markets during the week ending March 24, 2026
Price ranges from seven Manitoba auction markets during the week ending March 24, 2026.
ICE Canola Midday: Trying to hang on to gains
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were posting small increases mid-session Wednesday, getting spillover support from strong gains in Chicago soyoil. The gains in both vegetable oils were running contrary to the sharp declines in crude oil. “The market is trying to get its head around Trump’s 15-point plan,”
Global Markets: Oil tumbles as Trump puts forth 15-point plan
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There were steep declines in crude oil prices on Wednesday, with the possibility of the Middle East war de-escalating. With Pakistan acting as an intermediary, United States President Donald Trump offered a 15-point
Hormuz-driven fertilizer shortage could raise grain prices, Goldman Sachs says
Disruptions to nitrogen fertilizer supply through the Strait of Hormuz could reduce global grain yields and shift planting decisions, potentially lifting grain prices, Goldman Sachs said in a report on Tuesday.
Canadian Dollar and Business Outlook: Loonie declines, crude oil drops
Glacier FarmMedia – The Canadian dollar declined Wednesday morning along with crude oil after the United States sent a ceasefire plan to Iran. The loonie was at US$0.7255 or US$1=C$1.3784 as of 8:35 a.m. CDT, compared to Tuesday’s close at US$0.7267 or US$1=C$1.3761. The United States Dollar Index was down 0.04 of a point