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ICE canola correcting higher at midday Thursday

Glacier FarmMedia — ICE Futures canola contracts were stronger at midday Thursday, taking back some of Wednesday’s losses as gains in crude oil supported world vegetable oil markets. Uncertainty over the stability of the tentative ceasefire between the United States and Iran saw crude oil rising on Thursday, with traffic through the Strait of Hormuz



Global Markets: Traffic still slow through Strait of Hormuz

Glacier FarmMedia —The following is a glance at the news moving markets in Canada and globally. Traffic through the Strait of Hormuz was at less than 10 per cent of normal volumes on Thursday, as the two-week ceasefire between the United States and Iran remained shaky. Vessels must co-ordinate with Iran’s Islamic Revolutionary Guard Corps

ICE Canada Morning Comment: Canola regaining some lost ground

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange pushed higher on Thursday morning, partially recovering some of Wednesday’s declines. Crude oil turned around as the Strait of Hormuz remains closed and the threat of the Middle East war ramping up increased. That higher crude led to spillover going into the vegetable


A stylized digital stock market graphic showing red downward-trending arrows and falling numbers against a blue background. The image is overlaid with a quote from Larry Martin of Dr. Larry Martin & Associates calling current market and policy volatility unprecedented since the Second World War. Photo: Canva/MicroStockHub_Getty Images Signature

Tariffs, trade wars and the Iran conflict: How Prairie farmers can manage unprecedented volatility

Economists and farm management specialists say market swings, fertilizer disruptions from the Iran conflict and rule-breaking governments are creating risks not seen since the Second World War — but farmers aren't powerless

Prairie farmers face unprecedented volatility but experts say smarter contracts, fertilizer planning and diversification can help.