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U.S. livestock: Cattle futures bounce on tight supplies, firm cash markets

Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rebounded on Tuesday from prior-session declines, continuing a recent climb sparked by tight cattle supplies and firm cash market prices. Recent strength in wholesale beef prices also encouraged continued buying despite a seasonal tendency for the market to decline after the Thanksgiving holiday […] Read more

Canadian Financial Close: Loonie holds firm

Greenback budges little while crude oil rises

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stood unchanged on Tuesday as increases in crude oil were stymied by little movement in the United States dollar. The loonie remained at Monday’s finish of US$0.7114 or US$1=1.4056. On the U.S. Dollar Index, the greenback dipped 0.103 of a point at 106.320. […] Read more






ICE canola holding onto gains at midday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was holding onto small gains midday Tuesday, although well off its session highs as Chicago soyoil backed away from its own increases. January canola hit a session high of C$596.30 per tonne but was about C$10 off that level by midsession. Malaysian […] Read more


Global Markets: Martial law in South Korea

President doesn't specify measures

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   South Korean President Yoon Suk Yeol declared “emergency martial law” on Tuesday, as he accused opposition parties of sympathizing with North Korea and engaging in anti-state activities. After narrowly winning the […] Read more

ICE canola rises to start Tuesday

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made double-digit gains on Tuesday morning, supported by rising comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in positive territory. Crude oil was up US$1 per barrel after OPEC+ announced it will extend its supply cuts to March. The Canadian dollar was […] Read more


Canadian Dollar and Business Outlook: Loonie moves higher

Greenback slips as crude oil climbs upward

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar edged up on Tuesday morning, as its United States counterpart dropped back, and crude oil pushed upward. As of 8:31 am CST, the loonie was at US$0.7127 or US$1=C$1.4028 compared to Monday’s close of US$0.7114 or US$1=C$1.4056. On the U.S. Dollar Index, the greenback gave […] Read more