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Canadian Financial Close: BoC, Fed decide on interest rates

Glacier FarmMedia – The Canadian dollar nudged a little higher on Wednesday, after the Bank of Canada and the United States Federal Reserve announced their respective interest rate decisions.          The loonie increased to US$0.7228 or US$1=C$1.38435, compared to US$0.7223 or US$1=C$1.3844 on Tuesday. In meeting analysts’ expectations, the BoC maintained its key rates of […] Read more


Photo: Geralyn Wichers

U.S. livestock: Cattle, hogs mostly up

Chicago cattle futures ended mostly up on Wednesday while hogs also gained ground. Most-active April live cattle closed at 228.375 cents a pound, up 1.475 cents. December futures edged down 0.025 cents to close at 226.800 cents a pound. Most-traded January feeder cattle futures settled at 338.375 cents a pound, up 2.875 cents. March contracts […] Read more




North American Grain and Oilseed Review: Canola reverses course

U.S. soy nudges up as corn, wheat pull back

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed lower on Wednesday, in what a trader said is a very tough market due to its price swings. Although China remains out of the Canadian export market, the trader said the domestic crushers are running at capacity with farmers willing to sell […] Read more



ICE Canola Midday: Prices lower in ‘tough market’

By Glen Hallick Glacier FarmMedia | MarketsFarm – There were losses in canola on the Intercontinental Exchange mid-morning Wednesday, in what a trader called a “tough market to trade.” The trader said it’s very difficult right now to get a good idea as to where canola prices are heading day-to-day. “It gets to $625 (per […] Read more


Global Markets: Rate freeze from the BoC

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There were no changes to the Bank of Canada’s key interest rates on Wednesday. The BoC opted to freeze its rates at 2.25 per cent as economic trends improved, In October, the central […] Read more