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Futures markets

ICE canola correcting higher at midday Wednesday

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Glacier FarmMedia — The ICE Futures canola market was holding onto small gains at midday Wednesday, correcting off the two-month lows hit Tuesday. Gains in Chicago soyoil provided spillover support, with chart-based positioning behind much of the activity. Crude oil was also higher, although European rapeseed was down on the day and Malaysian palm oil
Currency markets

Canadian dollar and business outlook

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Glacier FarmMedia — The Canadian dollar was stronger Wednesday morning, finding some support from advances in crude oil. At 9:23 a.m. CDT the Canadian dollar was trading at US$0.7271 or US$1=C$1.3753 which compares with Tuesday’s close of US$0.7254 or US$1=C$1.3785. Crude oil was firm in early trade, with West Texas Intermediate up 0.68 per cent
Global markets

Global Markets: U.S. envoy meets with Putin

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Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   Russian President Vladimir Putin reportedly met with United States’ special envoy Steve Witkoff in Moscow on Wednesday, as a Friday deadline imposed by President Donald Trump for Russia to reach a peace deal with Ukraine neared. Details
Futures markets

ICE canola reverses direction

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Glacier FarmMedia – Canola futures on the Intercontinental Exchange recovered some of the previous day’s losses on Wednesday, while being supported by rising crude oil prices. Crude oil was up more than US$1 per barrel after United States President Donald Trump threatened additional tariffs on Indian goods due to the country purchasing Russian oil. Chicago soyoil
Currency markets

Canadian Financial Close: Loonie up, TSX surges

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Glacier FarmMedia – The Canadian dollar strengthened slightly coming out of the August long weekend. The loonie closed at US$0.7254 or US$1=C$1.3785 on Tuesday, compared to US$0.7248 or US$1=C$1.3797 on Friday. The Bank of Canada did not post a closing rate on Monday. The United States Dollar Index gained 0.03 of a point at 98.81. Crude
Photo: Geralyn Wichers
Livestock, Markets

Klassen: Feeder market in price discovery mode

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For the week ending August 2, Western Canadian feeder cattle markets traded steady to as much as $10 higher. Quality yearling packages off grass were up as much as $15 in some cases. Prices for similar weight cattle were quite variable across the Prairies, which made the market hard to define.  The market appears to be in price discovery mode for the grass yearling market.

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AgCanadaTV: In case you missed it; your national ag news recap for April 10, 2026

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