Canadian Dollar and Business Outlook: Loonie sliding back further

Uncertainty over Trump's tariffs weighing on values

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar stepped back on Tuesday morning, ahead of tomorrow’s tariff announced from United States President Donald Trump. As of 8:35 am CDT, the loonie was at US$0.6941 or US$1=C$1.4407 compared to Monday’s close of US$0.6956 or US$1=C$1.4376. On the U.S. Dollar Index, the greenback inched up […] Read more




Canadian Financial Close: Loonie pulls back

Crude rises on Trump rhetoric

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost about a third of a cent on Monday despite strong gains in crude oil. The loonie closed Monday at US$0.6956 or US$1=C$1.4376, compared to Friday’s finish of US$0.6990 or US$1=C$1.4307. On the U.S. Dollar Index, the greenback added 0.146 of a point […] Read more


North American Grain/Oilseed Review: Canola, corn, wheat make gains

USDA releases grain stocks, prospective plantings reports

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mostly higher as the May contract eased back. One analyst said the rise in crude oil was lifting vegetable oil prices, and if the May canola contract gets to above C$620 per tonne, it could trigger a selloff. However, that depends on whether the […] Read more




ICE Midday: Canola rises with crude, palm oils

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed gains in the middle of trading on Monday, deriving strength from vegetable and crude oils. Malaysian palm oil sharply rose while crude oil was up more than US$1 per barrel after United States President Donald Trump warned buyers of Russian oil with tariffs and […] Read more


Global Markets: Two major USDA reports out today

Prospective plantings, grains stocks as of March 1

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The United States Department of Agriculture is set to release two major reports at 11 am CDT on Monday. One will be the prospective plantings report, in which the trade projected […] Read more

ICE canola steady to higher

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small gains on Monday morning, continuing its positive momentum from the past week. Malaysian palm oil was extremely strong, while European rapeseed was mostly positive and crude oil was higher after United States President Donald Trump warned buyers of Russian oil of tariffs and […] Read more