ICE Canola Midday: Building on the rally

USDA report at 11 a.m. CST

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued higher on late Tuesday morning, in an attempt to extend their rally to a fourth consecutive session. Support for the Canadian oilseed came from a tightening supply situation and spillover from comparable oils. In Chicago, soybeans and soyoil swung upward while soymeal […] Read more

Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding near unchanged Tuesday morning, as financial markets digested the latest tariff news out of the United States. At 8:54 a.m. CST the Canadian dollar was trading at US$0.6981 or US$1=C$1.4325 which compares with Monday’s close of US$0.6982 or US$1=C$1.4323. U.S. President Donald Trump signed an […] Read more


ICE canola lacking direction

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was narrowly mixed on Tuesday morning despite positive sentiment in comparable oils. While Chicago soyoil stayed put, European rapeseed and Malaysian palm oil were higher. Crude oil was also on the rise despite United States President Donald Trump imposing 25 per cent tariffs on steel and […] Read more

Global Markets: Steel, aluminum tariffs are on

Levies likely violate earlier Trump trade deal

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   United States President Donald Trump imposed a 25 per cent tariff on all of the country’s steel and aluminum imports on Monday. While the move drew strong criticism from Canadian Prime […] Read more


Spring projections are for continued lower placements in feedlots.

Tighter fed cattle supplies projected for second quarter

The Markets: The trend has been toward fewer cattle in feedlots across North America in late 2024

At the time of writing this article, April 2025 live cattle futures were trading just above $197, which was a fresh contract high. The market appears to be incorporating a risk premium due to uncertainty in beef production in both Canada and the U.S. This has provided Alberta feedlot operators opportunities to lock in favourable […] Read more

Canadian Financial Close: C$ softens Monday

Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Monday, as currency traders reacted to the latest tariff threats from United States President Donald Trump. The Canadian dollar settled at US$0.6982 or US$1=C$1.4323, which compares with Friday’s close of US$0.6994 or US$1=C$1.4298. Trump said Sunday that he would announce new 25 per cent […] Read more





North American Grain and Oilseed Review: Dwindling supplies underpin increases

U.S. soybeans, wheat pull back

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Monday due to tighter supplies. Statistics Canada reported canola stocks at the end of 2024 were about 19 per cent smaller than those the year before. Also, the Canadian Grain Commission said canola exports and domestic use remain strong. […] Read more

 Photo: Greg Berg

Speculators exit short positions in canola

Net short smallest since 2023

Speculative fund traders were busy covering bearish bets and putting on new long positions during the first few days of February, taking the net short position in canola to its smallest level since September 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).