Markets
U.S. corn futures fell from a six-week peak on Wednesday on profit-taking and technical selling after three sessions of gains as an expected record-large U.S. harvest weighed on the market.
Markets
U.S. grains: Corn slips from six-week high, soybeans down on China demand worries
Canadian Financial Close: New highs for TSX, gold
The Canadian dollar was relatively steady on Wednesday. The loonie closed at US$0.7250 or US$1=C$1.3794, compared to US$0.7252 or US$1=C$1.3789 on Tuesday. The United States Dollar Index was down 0.24 of a point at 98.15. Crude oil prices fell on Wednesday after reports suggested OPEC+ could decide at its meeting on Sunday to raise output […] Read more
ICE Canada Weekly: Canola looking at C$580
‘Lack of bullishness’ says trader
Without the Chinese market, it’s only a matter of time before canola futures are poised to break below C$600 per tonne in its November contract, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.
CBOT Weekly: Pressure on grain, oilseed prices
Multiple factors dragging down futures
Harvest, crop quality and crop quantity and a lack of demand affected grain and oilseed prices on the Chicago Board of Trade during the week ended Sept. 3, 2025.
North American Grain and Oilseed Review: Weakness in canola
A red day in Chicago
By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures sharply lower on Wednesday as part of the weakness in North American oilseeds. A trader said there’s little for canola or the Chicago soy complex to build on with China not being an overly active export buyer. The trader added that November canola […] Read more
ICE Canola Midday: Nothing to rally on
Canola poised to drop below C$600/tonne
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were dropping back on Wednesday morning due to a “lack of bullishness,” said a trader. The trader pointed to the weakness dominating the Chicago soy complex today as to why canola was retreating. He noted the soybean harvest is approaching in […] Read more
Global Markets: Cabinet retreat focussing on trade issues
Will also discuss defence, housing, crime
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Mark Carney and his cabinet will begin a two-day retreat on Wednesday in Toronto. Highlighting discussions will be United States tariffs and the Canada-U.S.-Mexico Agreement. As well, […] Read more
ICE canola touches fresh five-month lows
Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, taking back Tuesday’s gains to post new five-month lows before uncovering some support. Losses in outside markets contributed to the softer tone in canola, with Chicago soyoil, European rapeseed and Malaysian palm oil all lower. Expectations for a large canola crop coupled with concerns over […] Read more
Canadian Dollar and Business Outlook: Loonie down, crude oil drops
Glacier FarmMedia – The Canadian dollar was slightly lower on Wednesday morning. The loonie was at US$0.7248 or US$1=C$1.3797 as of 8:30 a.m. CDT, compared to Tuesday’s close at US$0.7252 or US$1=C$1.3789. The United States Dollar Index was down 0.08 of a point at 98.32. Crude oil prices retreated after reports suggested OPEC+ could decide […] Read more
U.S. grains: Soy drops on demand worries, corn firm as traders question lofty yield projections
U.S. soybean futures fell to a 1-1/2 week low on Tuesday as China continued to shun purchases from the United States and as forecasts for improved rains in the coming days reinforced expectations for a sizeable Midwest harvest.