Global Markets: Carney lands in China

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Canadian Prime Minister Mark Carney arrived in China on Wednesday, becoming the first Canadian prime minister to visit the country in eight years. Carney will meet with senior Chinese officials on Thursday before a Friday meeting

ICE Canada Morning Comment: Canola continues higher Wednesday

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures tacked on modest gains Wednesday morning, adding to Tuesday’s sharp increases. Support for canola came from upticks in the Chicago soy complex, while slight declines in MATIF rapeseed and Malaysian palm oil limited the upswing. Higher crude oil prices underpinned the vegetable oils. Canadian Prime



Photo: Kat72/Getty Images Plus

U.S. livestock: Cattle, hogs rally

Chicago Mercantile Exchange cattle and hog futures rallied on Tuesday. Most-active April live cattle gained 2.900 cents to close at 238.975 cents a pound. February live cattle settled at 237.250 cents a pound, up 2.000 cents. Most-traded March feeder cattle gained 5.950 cents to settle at 362.125 cents per pound. April feeders closed at 360.600



Canadian financial close: C$ softens slightly

Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart on Tuesday. The Canadian dollar settled at US$0.7201 or US$1=C$1.3886, which compares with Monday’s close of US$0.7207 or US$1=C$1.3875. While touring a Ford plant in Michigan, U.S. President Donald Trump claimed the country’s agreement with Canada and Mexico (CUSMA) was





Photo: Getty Images Plus

Klassen: Feeder cattle market starts 2026 with stronger tone

For the week ending January 10, Western Canadian feeder cattle markets were up $8-$10/cwt on average compared to three weeks earlier. Strength was noted in backgrounded pre-conditioned replacements weighing 700 pounds plus. Quality genetic packages with full processing were up $20/cwt in some cases. The weather was quite variable and feedlots have experienced above normal

ICE Midday: Canola surges as Carney visits China

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were rising in the middle of Tuesday trading, lifted by comparable oils and speculation over Canadian Prime Minister Mark Carney’s visit to China. Chicago soyoil was up one United States cent per pound, while European rapeseed was higher and Malaysian palm oil was lower. Crude oil