Markets
Phil Speiss of RBC Dominion Securities in Winnipeg believes canola could enter a bearish downturn, but the war in Iran and volatile oil prices are complicating matters.
Markets
ICE Weekly: Trade waits for canola to break out
Canadian Financial Close: Loonie regains some ground
By Glen Hallick Glacier FarmMedia – The Canadian dollar gained slightly more than a quarter of a cent on Wednesday, as it stemmed a series of declines. The loonie finished at US$0.7200 or US$1=C$1.3888 compared to Tuesday’s close of US$0.7174 or US$1=C$1.3939. On the U.S. Dollar Index, the greenback was down 0.359 of a point
U.S. Grain/Oilseed Review: Wheat prices fall in down day on CBOT
Glacier FarmMedia – WHEAT futures lost more than 15 cents per bushel on Wednesday to go with overall weakness in the markets, as well as upcoming precipitation next week. The National Weather Service is forecasting above-normal precipitation across the entire United States Plains for April 8 to 14, which would alleviate dry conditions in winter
ICE Closing Review: Canola pulls back as crude oil falls
Glacier FarmMedia – It was a red day on the markets and canola futures on the Intercontinental Exchange were no exception. Crude oil lost between US$2 to US$4 per barrel the United States and Iran said there could be an end to the Middle East war in the near future. The news shrunk the risk
Prairie Wheat Weekly: Good increases for wheat, while durum nudges up
Cash prices for Western Canadian wheat and durum were stronger during the week ended March 31, pushed higher by large gains in the United States wheat complex.
ICE Midday: Canola, comparable oils tumble
Glacier FarmMedia – Canola futures on the Intercontinental Exchange dropped in the middle of Wednesday trading, following the leads of crude and vegetable oils. Crude oil prices lost more than US$2 per barrel after United States President Donald Trump and Iranian President Masoud Pezeshkian said the end of the war between the two countries was
Food and beverage sales growth, volume decline predicted for 2026
FCC’s report suggests higher prices, not consumption, will drive growth in total sales
Farm Credit Canada 2026 Food and Beverage report shows predicts rising sales and declining volumes among Canadian food and beverage manufacturers
Global Markets: Indications end of Middle East war possible
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The presidents of the United States and Iran have indicated there could be an end to the Middle East war. President Masoud Pezeshkian said on Tuesday that Iran has “the necessary will” to
ICE canola drops along with crude, vegetable oils
Glacier FarmMedia – Canola futures on the Intercontinental Exchange fell back early Wednesday, pressured by a stronger Canadian dollar and declining comparable oils. United States President Donald Trump and Iranian President Masoud Pezeshkian made comments suggesting the end of the war between the two countries could be near. As a result, crude oil prices dropped
Canadian Dollar and Business Outlook: Loonie adding strength
By Glen Hallick Glacier FarmMedia – The Canadian dollar climbed higher on Tuesday morning, in hopes of reversing its downturn. As of 8:34 am CDT, the Canadian dollar was at US$0.7202 or US$1=C$1.3882 compared to Tuesday’s close of US$0.7174 or US$1=C$1.3939. On the U.S. Dollar Index, the greenback dropped 0.539 of a point at 99.220.