Canadian Financial Close: C$ steady

Glacier FarmMedia | MarketsFarm — The Canadian dollar held near unchanged on Thursday. The Canadian dollar settled at US$0.6958 or US$1=C$1.4371 on Wednesday, which compares with Tuesday’s close of US$0.6959 or US$1=C$1.4369. Retail sales in Canada were steady November at C$67.6 billion, according to Statistics Canada data, but early indictors point to a 1.6 per […] Read more




North American Grain and Oilseed Review: Bullish market heading into confusing future

Chicago soybeans, corn move upward

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Thursday in a bullish market. Support from gains in Chicago soybeans and soyoil, along with those in European rapeseed helped to push canola upward today. However, gains were tempered by declines in Chicago soymeal and Malaysian palm oil. Losses […] Read more



(Photo courtesy Canada Beef Inc.)

Analysts believe American tariffs are inevitable

Cattle producers less vulnerable for now than feeders, hog producers analysts say

Canada’s livestock sectors have been anxious about the prospect of tariffs since Donald Trump won the American election in November. Dennis Laycraft, executive vice-president at the Canadian Cattle Association, said without knowing exactly what is coming, the organization could analyze the threatened tariffs only so much.




ICE Canola Midday: Confusing future for Canadian oilseed

Tariff threats vs. tighter supplies

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were climbing higher late Thursday morning, propelled by gains in Chicago soyoil and European rapeseed. Additional support came from upticks in Chicago soybeans, while soymeal eased back. Slight increases in crude oil were spilling over into the vegetable oils. While an analyst said […] Read more

Global Markets: Retail sales, unemployment change little

482,000 collecting EI benefits

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada reported on Thursday that retail sales of C$67.6 billion in November were little changed from October, with declines in six of the nine subsectors. Food and beverage sales dropped […] Read more


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning, with expectations for an interest rate cut from the Bank of Canada next week weighing on the currency. At 8:34 a.m. CST the Canadian dollar was trading at US$0.6951 or US$1=C$1.4386 which compares with Wednesday’s close of US$0.6959 or US$1=C$1.4369. Retail sales […] Read more

ICE canola rising slightly

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed minimal gains on Thursday morning despite negative values in vegetable oils. European rapeseed and Malaysian palm oil were lower, while Chicago soyoil was steady. However, crude oil was slightly higher. The Canadian dollar was down one-tenth of a United States cent compared to Wednesday’s close. […] Read more