ICE canola correcting lower Friday morning

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Friday morning, backing away from the three-month highs hit Thursday. Chart-based positioning ahead of the weekend contributed to the declines, with losses in Chicago soyoil also weighing on values. Weekly Canadian canola exports of 172,800 tonnes were down seven

Global Markets: Retail sales rise in December

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported this morning that retail sales increased 2.5 per cent to C$69.6 billion in December. One of the main drivers was food and beverage retailers, whose sales were up 3.5 per cent during the


Canadian Dollar and Business Outlook: Loonie virtually unchanged

StatCan issues retasil sales report

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar held firm on Friday morning following the latest retail sales report from Statistics Canada. As of 8:39 am CST, the loonie was at US$0.7050 or US$1=C$1.4185 compared to Thursday’s close of US$0.7048 or US$1=C$1.4188. On the United States Dollar Index, the greenback climbed 0.241 of



Canadian Financial Close: Loonie retakes ground

Hard loss for greenback

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished higher on Thursday by almost two-tenths of cent as the United States dollar pulled back while crude oil edged upward. The loonie closed on Thursday at US$0.7048 or US$1=C$1.4188, compared to Wednesday’s finish of US$0.7031 or US$1=C$1.4223. On the U.S. Dollar Index,



North American Grain/Oilseed Review: Canola rises, grains mixed

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market maintained positive momentum, aided by rising comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Crude oil also made gains despite a buildup of United States inventories. Agriculture and Agri-Food Canada raised its estimates for both 2024-25 and 2025-26 canola stocks by

(Photo courtesy Canada Beef Inc.)

Feed Grains Weekly: Overbooked end-users worried about tariffs on Canadian beef

Feed wheat, U.S. corn too expensive

There won't be a whole lot of movement of feed grains on the Canadian Prairies any time soon, stated Darcy Haley, vice-president of Ag Value Brokers in Lethbridge. He said not only are the end-users overbooked, but the relentless uncertainty over tariffs continues to dominate the cattle industry across Western Canada.


ICE Midday: Canola still climbing higher

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market maintained positive momentum in the middle of Thursday trading, aided by rising comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Crude oil was also making gains despite a buildup of United States inventories. The Canadian dollar was up more than one-tenth