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Futures

ICE canola climbing higher at midday Friday

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By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Friday, as gains in outside markets provided support. However, activity was choppy amid ongoing uncertainty over United States trade policies. The U.S. put a pause on some Canadian and Mexican import tariffs on Thursday, but the fickle nature […] Read more
Currency Markets

Canadian Dollar and Business Outlook: Loonie a little lower

Trump grants pause to tariffs

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By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Friday morning in the aftermath of sudden changes to United States tariffs. As of 8:37 am CST, the loonie was at US$0.6966 or US$1=C$1.4353 compared to Thursday’s close of US$0.6989 or US$1=C$1.4309. On the U.S. Dollar Index, the greenback was down 0.403 […] Read more
Futures

ICE canola slowly climbing upward

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Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made small gains on Friday morning with mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher, while crude oil gained more than US$1 per barrel after Russia said OPEC+ may reverse its planned output hike by April. European rapeseed was […] Read more
Global markets

Global Markets: Canadian unemployment rate steady

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Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   Canada’s unemployment rate held steady at 6.6 per cent in February, reported Statistics Canada, with 1,100 new jobs added. Meanwhile, payrolls in the United States saw an increase of 151,000 jobs during the month, but […] Read more
Currency Markets

Canadian Financial Close: Canada scores one-month reprieve

Loonie retakes more ground

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By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued its upward swing on Thursday, after United States President Donald Trump agreed to one-month tariff reprieves for Canada and Mexico for goods covered under CUSMA. The loonie closed Thursday at US$0.6989 or US$1=C$1.4309, compared to Wednesday’s finish of US$0.6959 or US$1=C$1.4370. On […] Read more
Producers with early contracts received good prices, especially for organic crops such as oats and flax. Photo: File/Greg Berg
Cereals, Markets, Oats

Oats swinging higher, but rangebound

Futures no longer connected to cash market

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As oat futures fluctuate on the Chicago Board of Trade, they remain rangebound, said Progressive Ag analyst Tom Lilja in Fargo, N.D. However, to Scott Shiels of Grain Millers Canada in Yorkton, Sask. there’s a disconnect between those futures and cash prices for oats.
Photo: Deyanarobova/iStock/Getty Images
Livestock, Markets

U.S. livestock: Mixed movement in meat futures

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Glacier FarmMedia | MarketsFarm – Cattle prices showed small declines while hog prices sharply rose at the Chicago Mercantile Exchange on Thursday. United States President Donald Trump announced that certain imports from Mexico which fall under the Canada-U.S.-Mexico Trade Agreement will see tariffs delayed until April 2. Canada was also included in the official amendment […] Read more

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