ICE canola begins 2026 in the red

Glacier FarmMedia – Canola futures on the Intercontinental Exchange entered the New Year in negative territory, as the March contract fell below C$600 per tonne amidst light trading. Chicago soyoil was steady, while European rapeseed and Malaysian palm oil were down. Crude oil also saw declines as oversupply concerns outweighed geopolitical tensions. Brent crude oil

Global Markets: Trump, Iran exchange threats

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Widening protests across Iran following the collapse of the country’s currency have left at least seven people dead. United States President Donald Trump and top Iranian officials exchanged threats over social media on Friday, with Trump claiming the





Canadian Financial Close: Loonie forgoes some strength

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased back on Wednesday, with losses in crude oil pulling it down. The loonie closed at US$0.7296 or US$1=C$1.3706 compared to Tuesday’s close of US$0.7303 or US$1=C$1.3693. Over the course of the year, the dollar has a net increase of 2.2 cents. On the



North American Grain and Oilseed Review: Weakness on the last day of 2025

A lack of fresh positive news in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures pulled back in sparse activity on Wednesday, getting pressured by weakness in the Chicago soy complex. Losses in Malaysian palm oil also weighed on canola values, with some support coming from gains in most MATIF rapeseed contracts. Declines in crude oil pushed the

ICE Canola Midday: Losses getting bigger

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange continued lower at midday Wednesday, being dragged down further by declines in the Chicago soy complex, said a trader. “We’re looking at the U.S. market more than anything else,” the trader said. “We had a nice little run yesterday. Canola has


Global Markets: Some hope for Russia-Ukraine peace deal

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Hopes for a peace deal to end the Russia-Ukraine war are not dead yet, according to reports on Wednesday. This is despite Russia’s accusation that Ukraine launched a drone attack this week in

Canadian Dollar and Business Outlook: Loonie holding firm

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Wednesday morning, as small increases in the United States dollar and crude oil balanced out each other. As of 8:40 am CST, the loonie was at US$0.7301 or US$1=C$1.3697, compared to Tuesday’s close of US$0.7303 or US$1=C$1.3693. On the U.S.