Canadian Financial Close: A boost for the loonie

Weakness in greenback fuels upswing

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar jumped about a half cent on Thursday, fueled by a downturn in its United States counterpart. The loonie finished at US$0.7331 or US$1=C$1.3640, compared to Wednesday’s close of US$0.7280 or US$1=C$1.3737. The U.S. Dollar Index lost 0.358 of a point at 96.915, the […] Read more



ICE canola weaker at midday

Glacier FarmMedia — The ICE Futures canola market was weaker at midday Thursday, with positioning ahead of Friday’s Statistics Canada acreage report behind some of the activity. Canola prices have trended higher since the planting intentions report was released in March, with many industry participants anticipating that farmers may have put more area to the […] Read more




Global Markets: IGC raises world wheat call

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   The International Grains Council raised its call on world wheat production in 2025/26 to 808 million tonnes. That was up by two million from the May estimate and compares with 799 million tonnes in 2024/25. The IGC […] Read more



Canadian Dollar and Business Outlook: Loonie jumps above 73 U.S. cents

Greenback hits three-year lows

By Glen Hallick Glacier FarmMedia | MarketsFarm – There’s a hike in the Canadian dollar on Thursday morning, as its United States counterpart falls back. As of 8:35 am CDT, the loonie was at US$0.7324 or US$1=C$1.3655 compared to Wednesday’s close of US$0.7280 or US$1=C$1.3737. On the U.S. Dollar Index, the greenback lost 0.423 of […] Read more