Markets
Chicago wheat futures lost ground on Wednesday, with prices weighed down by large global harvests, favorable weather in growing areas, and a strong U.S. dollar, analysts said.
Markets
U.S. grains: Wheat falls on favorable weather in growing regions
ICE Weekly: Soyoil influencing canola prices
Up-and-down trade for oilseed
Chicago soyoil prices seem to be the main influencer of canola's price movement during the week ended Aug. 27, 2025.
U.S. tariffs on Brazil will reshape global beef trade flows, analysts say
Higher U.S. tariffs on Brazil are expected to reshape global beef trade flows, sparking increased shipments to the U.S. from countries like Mexico and Australia while Brazil seeks alternative markets, analysts said on Wednesday.
Canadian Financial Close: Loonie, crude oil advance
The Canadian dollar reached its highest close in nine days on Wednesday, aided by higher crude oil prices. The loonie closed at US$0.7235 or US$1=C$1.3821 on Wednesday, compared to US$0.7227 or US$1=C$1.3837 on Tuesday. The United States Dollar Index was unchanged at 98.23 points. Crude oil prices recovered some of its Tuesday losses despite the […] Read more
North American Grain/Oilseed Review: Canola, wheat prices move lower
WINNIPEG -– Canola futures on the Intercontinental Exchange ended the session lower on Wednesday, following the lead of Chicago soyoil instead of other comparable oils. While the soyoil was lower, European rapeseed and Malaysian palm oil were higher. Crude oil also made gains despite the war in Ukraine and 50 per cent tariffs implemented by […] Read more
CBOT Weekly: Soybeans, corn set to push lower
Soyoil a bright spot
Prices for the soy complex, and corn pushed lower for the most part during the week ended Aug. 27. Terry Reilly, senior agricultural specialist for Marex, said there were a few factors behind the declines, which he expects the losses to continue.
ICE Midday: Canola in the red again
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly in negative territory in the middle of trading on Wednesday morning, pulled lower by losses in Chicago soyoil. Meanwhile, gains in European rapeseed and Malaysian palm oil were supportive. Crude oil was also higher as the trade weighed the war in Ukraine, United States stockpiles […] Read more
Global Markets: Leblanc, Lutnick have ‘constructive’ meeting
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Canadian Trade Minister Dominic Leblanc and United States Commerce Secretary Howard Lutnick had a “constructive and lengthy” meeting in Washington, D.C. on Tuesday morning. A source told CBC News that the meeting was extended from one hour […] Read more
Canadian Dollar and Business Outlook: Loonie steps back
Glacier FarmMedia – The Canadian dollar was lower on Wednesday morning. The loonie was at US$0.7216 or US$1=C$1.3858 as of 8:36 a.m. CDT, compared to Tuesday’s close at US$0.7227 or US$1=C$1.3837. The United States Dollar Index was up 0.34 of a point at 98.57. Crude oil prices were slightly higher on Wednesday as the trade […] Read more
ICE Canada Morning Comment: Canola pulling back
StatCan to publish production report Thursday
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were lower on Wednesday morning, following small declines in the Chicago soy complex. Gains in European rapeseed and Malaysian palm oil helped to offset the losses in canola. Modest upticks in crude oil lent some support to the vegetable oils. Statistics […] Read more