Markets & Farming Articles - Manitoba Co-operator

Canadian Financial Close: Loonie closes just short of 74 U.S. cents

By GFM Network News January 29, 2026

By Glen Hallick Glacier FarmMedia – The Canadian dollar was stronger on Thursday, gleaning support from more spikes in crude oil and the continued weakening of the United States dollar. The loonie finished at US$0.7399 or US$1=C$1.3515 compared to Wednesday’s finish of US$0.7369 or US$1=C$1.3571. On the U.S. Dollar Index, the greenback gave up 0.194

Futures markets

North American grain/oilseed review: Canola settles lower Thursday

By GFM Network News January 29, 2026

Glacier FarmMedia — The ICE Futures canola market was weaker on Thursday, backing away from nearby highs after running into resistance. The March contract touched fresh seven-week highs in overnight trade but was unable to hold onto those gains. The settlement below C$650 per tonne was bearish from a chart standpoint, said an analyst. Chicago

Futures markets

ICE canola turning lower at midday Thursday

By GFM Network News January 29, 2026

Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Thursday, backing away from overnight gains. The March contract touched fresh seven-week highs in overnight trade but dipped below unchanged as the North American day session progressed. The return below C$650 per tonne was bearish from a technical standpoint, said an analyst. Chicago soyoil

Global markets

Global Markets: Oil rising amid Iran uncertainty

By GFM Network News January 29, 2026

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices were climbing sharply higher Thursday as United States President Donald Trump renewed threats against Iran over its nuclear program. Trump warned on social media that “the next attack will be far worse!” than those carried

Futures markets

ICE canola lifted by crude, vegetable oils

By GFM Network News January 29, 2026

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Thursday morning, receiving plenty of support. Crude oil was on the rise after a United States aircraft carrier was sent to the Middle East amid increased tensions between the U.S. and Iran. Chicago soyoil, European rapeseed and Malaysian palm oil were also higher.

Currency markets

Canadian Dollar and Business Outlook: Steep increases highlight trading

By GFM Network News January 29, 2026

By Glen Hallick Glacier FarmMedia – The Canadian dollar pushed above 74 U.S. cents on Thursday morning, on spillover from crude oil. As of 8:36 am CST, the loonie was at US$0.7403 or US$1=C$1.3508, compared to Wednesday’s close of US$0.7369 or US$1=C$1.3571. On the U.S. Dollar Index, the greenback lost 0.239 of a point at

Canadian Prime Minister Mark Carney shakes hands with President of China Xi Jinping at the Great Hall of the People in Beijing, China, on Jan. 16, 2026. Sean Kilpatrick/Pool via Reuters

Crops, Markets

Market impacts of canola headlines need digesting

January 2026 has been quite the month for Canadian canola trade, how will it all ripple out in the market?

By Phil Franz-Warkentin January 29, 2026

January 2026 has been quite the month for Canadian canola trade, how will it all ripple out in the market?

A Canadian wheat crop with a John Deere combine in the background. Photo: File

Markets

Wheat prices likely headed for sideways trade

Wheat market largely shrugs tariff threats; strength after U.S. severe winter storm short-lived

By Phil Franz-Warkentin January 29, 2026

U.S. brush with a severe winter storm put only brief upward pressure on wheat futures markets into last week of January.

Livestock, Markets

U.S. livestock: Cattle futures gain, hogs fall back

By Geralyn Wichers January 28, 2026

Chicago cattle futures made gains on Wednesday while hogs fell back. Most-active April live cattle closed at 238.725 cents a pound, up 1.325 cents. June contracts settled at 234.450 cents per pound, a gain of 1.200 cents. Most-traded March feeder cattle contracts gained 3.850 cents to settle at 365.850 cents per pound. April contracts closed

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, Reuters

U.S. grains: Chicago grains and oilseeds rise on recent dollar weakness, biofuel optimism

By Reuters January 28, 2026

Chicago | Reuters – Chicago grain and soybean futures climbed on Wednesday after the dollar’s weakening to a four-year low made U.S. crops more attractive for overseas buyers. Grain markets were also monitoring the impact of a winter storm on U.S. wheat fields and agricultural supply chains, while assessing comments by U.S. President Donald Trump

Daily Network News

USDA defends $12 billion subsidy amid farm economy challenges

Canada December retail sales down 0.4 per cent; seen up 1.5 per cent in January

Feed Grains Weekly: Domestic prices remain flat

Markets

Canadian Financial Close: Loonie closes just short of 74 U.S. cents

North American grain/oilseed review: Canola settles lower Thursday

ICE canola turning lower at midday Thursday

Global Markets: Oil rising amid Iran uncertainty

ICE canola lifted by crude, vegetable oils

Canadian Dollar and Business Outlook: Steep increases highlight trading

Market impacts of canola headlines need digesting

Wheat prices likely headed for sideways trade

U.S. livestock: Cattle futures gain, hogs fall back

U.S. grains: Chicago grains and oilseeds rise on recent dollar weakness, biofuel optimism

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for Feb. 20, 2026

Cyber-Savvy Farmer

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