North American grain/oilseed review: Canola corrects higher amid tariff uncertainty

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market strengthened on Wednesday, as ideas Tuesday’s declines were overdone provided support. Tariffs imposed the United States sparked a broad selloff that weighed on most markets on Tuesday, including canola. However, there was talk in the trade on Wednesday that an agreement may […] Read more



ICE canola correcting higher after initial tariff selloff

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was firmer at midday Wednesday, taking back some of Tuesday’s declines amid ideas the losses were overdone. Tariffs imposed the United States sparked a broad selloff that weighed on most markets on Tuesday, including canola. However, there was talk in the trade […] Read more



Global Markets: Food stocks dwindle in Gaza

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   Food stocks and other supplies are reportedly running out in Gaza, with the embattled Palestinian enclave reportedly at the brink of starvation as aid shipments have been blocked by Israeli forces aiming to pressure Hamas […] Read more

ICE canola claws back from Tuesday’s losses

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market is correcting itself after Tuesday’s plunge due to tariffs implemented by United States President Donald Trump. However, there is speculation the tariffs could be rolled back. Meanwhile, Chicago soyoil and European rapeseed are down while Malaysian palm oil is up. Crude oil continued to fall in […] Read more


Canadian Dollar and Business Outlook: Loonie on the rise

Are changes to U.S. tariffs on horizon?

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar swung higher on Wednesday morning following talk the Trump administration could be willing to ease off the tariffs they imposed yesterday. As of 8:35 am CST, the loonie was at US$0.6961 or US$1=C$1.4362 compared to Tuesday’s close of US$0.6902 or US$1=C$1.4489. On the U.S. Dollar […] Read more