Global Markets: Ukrainian drones attack Moscow

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Ukraine unleashed a drone attack on Moscow on Tuesday morning, killing three people and injuring 18 others while shutting down the city’s four airports. Russian officials said its defence system shot down 337 Ukrainian drones. […] Read more

Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding relatively steady Tuesday morning, as North American financial markets saw a continuation of Monday’s selloff amid ongoing tariff uncertainty. At 8:43 a.m. CDT the Canadian dollar was trading at US$0.6938 or US$1=C$1.4413 which compares with Monday’s close of US$0.6930 or US$1=C$1.4431. The Bank of Canada […] Read more


ICE Canada Morning Comment: Starting with another round of losses

USDA report at 11 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued lower on Tuesday morning, although the losses were not as severe as those yesterday. Nevertheless, the May contract pushed below its support level of C$600 per tonne. Canola was still dealing with China’s 100 per cent tariffs on the oil and meal […] Read more




Canadian Financial Close: C$ weakens Monday

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker on Monday, as currency traders adjusted positions ahead of an expected interest rate cut from the Bank of Canada later this week. Losses in equity markets and crude oil contributed to the softer tone. The Canadian dollar settled at US$0.6930 or US$1=C$1.4431, which compares with […] Read more


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Pulse Weekly: China includes peas in tariff threat

India extends duty-free period on yellow pea imports

Canadian yellow peas were hit with bad news on March 7, but the pulse received good news on March 10. In the bad news, China announced that Friday it's prepared to impose 100 per cent tariffs on its pea imports from Canada effective March 20, as well as imports of canola oil and canola meal. Plus there are to be 25 per cent levies on imports of Canadian pork and aquatic products.