Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was firm Wednesday morning as currency traders reacted to the latest policy decision from the Bank of Canada. At 9:31 a.m. CDT the Canadian dollar was trading at US$0.6937 or US$1=C$1.4415 which compares with Tuesday’s close of US$0.6920 or US$1=C$1.4451. Canada’s central bank lowered its key overnight […] Read more

A pie chart showing 2025 Canadian crop seeded acreage, sourced from Statistics Canada

Canada to seed more wheat, less canola in 2025: StatCan

Farmers also seeding more peas, corn and oats

Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.


Global Markets: BoC cuts key interest rate

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada announced Wednesday morning it cut its key interest rate by 25 basis points at 2.75 per cent. Most economists expected the move amidst the imposition of tariffs from the United States. It […] Read more

ICE Canada Morning Comment: Canola still falling back

StatCan issues plantings projections

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures held to their downward trend on Wednesday morning, as tariff issues continued to apply pressure. Along with China’s 100 per cent levies on canola oil and meal set for March 20, there’s the uncertainty created by the on again, off again duties from […] Read more



Canadian Financial Close: C$ softens amid tariff threats

Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Tuesday, as currency traders reacted to the latest tariff threats from the United States. The Canadian dollar settled at US$0.6920 or US$1=C$1.4451, which compares with Monday’s close of US$0.6930 or US$1=C$1.4431. U.S. President Donald Trump threatened to raise tariffs on Canadian steel and aluminum […] Read more





North American Grain/Oilseed Review: Canola pressured, grains lower

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market continued its descent on Tuesday following the implementation of Chinese tariffs. On Friday, China imposed 100 per cent levies on Canadian canola oil and meal in retaliation to Canadian surcharges on Chinese-made electric vehicles, steel and aluminum last year. One analyst called the current downturn in […] Read more

ICE Midday: May canola falls below C$600/tonne

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market continued its descent in the middle of trading on Tuesday following the implementation of Chinese tariffs. On Friday, China imposed 100 per cent levies on Canadian canola oil and meal in retaliation to Canadian surcharges on Chinese-made electric vehicles, steel and aluminum last year. Meanwhile, […] Read more