Markets
There were only small changes in the latest supply and demand estimates from Agriculture and Agri-Food Canada released on Feb. 18.
Markets
Minor tweaks in AAFC supply and demand report
ICE canola lower despite oil strength
Glacier FarmMedia – Canola futures on the Intercontinental Exchange declined on Thursday morning, despite rising crude and vegetable oil prices. Chicago soyoil, European rapeseed and Malaysian palm oil were up. Crude oil was on the rise due to concerns over an increasing United States military presence in the Middle East. Also, peace talks between Russia […] Read more
Canadian Dollar and Business Outlook: Loonie below 73 cents
By Glen Hallick Glacier FarmMedia – The Canadian dollar dipped below 73 U.S. cents on Thursday morning, as a higher United States dollar outweighed upticks in crude oil. As of 8:37 am CST, the Canadian dollar was at US$0.7293 or US$1=C$1.3713, compared to Wednesday’s close of US$0.7311 or US$1=C$1.3678. On the U.S. Dollar Index, the […] Read more
Canadian Financial Close: U.S. dollar pushes loonie lower
Surge crude can't completely counter greenback
By Glen Hallick Glacier FarmMedia – The Canadian dollar gave up a little more than a tenth of a cent on Wednesday, due to a stronger United States dollar, but a significant upswing in crude oil tempered the losses. The loonie finished at US$0.7311 or US$1=C$1.3678 compared to Tuesday’s close of US$0.7323 or US$1=C$1.3656. On […] Read more
ICE canola weekly outlook: Rallying soyoil supportive
ICE Futures canola contracts were underpinned by a rally in Chicago soyoil during the week ended Feb. 18, but the Canadian oilseed ran into upside chart resistance that tempered gains.
U.S. grains: Soybeans steady, grains higher
SOYBEAN futures at the Chicago Board of Trade were narrowly mixed at the Wednesday’s close, holding near three-month highs. WHEAT futures corrected higher amid ideas recent losses were overdone. CORN futures were up in sympathy with wheat, with positioning ahead of the U.S. Department of Agriculture’s Ag Outlook Forum a feature.
CBOT Weekly: Choppy futures looking for direction
Choppy futures on the Chicago Board of Trade were looking for direction during the week ended Feb. 18, 2026.
ICE review: Canola hits six-month highs
Glacier FarmMedia — The ICE Futures canola market climbed to its highest levels in six months on Wednesday, as a rally in Chicago soyoil and bullish chart signals provided support. The May contract moved above psychological chart resistance at C$680 per tonne, encouraging additional speculative buying as fund traders moved to the long side […] Read more
Prairie Wheat Weekly: Cash prices mostly higher
Western Canadian cash prices for spring wheat were mostly higher and those for durum were a pinch lower for the week ended Feb. 17. A firmer tone United States wheat complex offered support, as did the Canadian dollar which lost six-tenths of a cent on the week.
ICE canola rising with soyoil
Glacier FarmMedia — ICE Futures canola contracts were posting solid gains at midday Wednesday, finding spillover support from a rally in Chicago soyoil. Soyoil remained supported by crush data released Tuesday that showed oilseed processors in the United States crushed 221.564 million bushels of soybeans in January — a new record for the month. The […] Read more
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