ICE Midday: StatCan reports record canola crop

Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued their downturn on Thursday after Statistics Canada released bearish figures for the oilseed. StatCan reported 2025-26 canola production at a record 21.80 million tonnes, 1.77 million more than the September estimate and 2.56 million more than last year’s crop. An analyst said the production estimate

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding relatively steady Thursday morning, finding some direction from updated quarterly earnings reports from several Canadian banks.      At 9:20 a.m. CST the Canadian dollar was trading at US$0.7167 or US$1=C$1.3953 which compares with Wednesday’s close of US$0.7169 or US$1=C$1.3949.      TD Bank, BMO Financial Group and CIBC


Global Markets: Record large crops for canola, wheat: StatCan

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Statistics Canada reported record large crops for canola and all wheat in its principal field crop estimates released on Thursday. Canola production for 2025-26 was pegged at 21.80 million tonnes, about 1.77 million more than the



ICE Canada Morning Comment: Record canola crop

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures continued lower on Thursday morning, following the Statistics Canada’s production of principal field crops report. StatCan boosted its canola production estimate for 2025/26 to a record 21.80 million tonnes, on the high side of pre-report predictions. The previous record was 21.46 million tonnes



Canadian financial close: C$ strengthens

Glacier FarmMedia — The Canadian dollar was stronger on Wednesday, underpinned by gains in the energy sector and solid earnings reports from domestic banks.      The Canadian dollar settled at US$0.7169 or US$1=C$1.3949, which compares with Tuesday’s close of US$0.7150 or US$1=C$1.3986.      The Royal Bank of Canada and National Bank of Canada both reported




North American Grain/Oilseed Review: Canola, grains in the red

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange retreated on Wednesday with little support from comparable oils.      Statistics Canada will release its principal field crop estimates on Thursday with many observers anticipating canola production to exceed the agency’s previous estimate of 20.03 million tonnes. The Western Producer Markets Desk spoke to analysts and