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Global Markets: Postal workers on strike

Mail, parcel delivery to stop

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The following is a glance at the news moving markets in Canada and globally.   Mail delivery in Canada largely ground to a halt on Friday, as approximately 55,000 members of the Canadian Union of Postal Workers went on strike. Canada Post stated mail and parcels won’t be delivered during the strike. Federal Minister of […] Read more
Currency Markets

Canadian dollar and business outlook

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Glacier FarmMedia | MarketsFarm — The Canadian dollar continued to weaken relative to its United States counterpart Friday morning, hitting fresh multi-year lows. At 8:47 a.m. CST the Canadian dollar was trading at US$0.7098 or US$1=C$1.4088 which compares with Thursday’s close of US$0.7129 or US$1=C$1.4027. Canadian manufacturing sales were down by 0.5 per cent in […] Read more
Futures

ICE canola finds strength as weekend approaches

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Glacier FarmMedia MarketsFarm – The ICE Futures canola market bounced back on Friday morning, supported by vegetable oils. Malaysian palm oil rose sharply, while Chicago soyoil and European rapeseed also made substantial gains. However, waning Chinese demand, fears of a surplus and a stronger United States dollar pulled back crude oil prices. The Canadian dollar […] Read more
Currency Markets

Canadian Financial Close: C$ continues downtrend

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Glacier FarmMedia | MarketsFarm — The Canadian dollar continued to weaken relative to its United States counterpart on Thursday, hitting its lowest levels since May 2020. The Canadian dollar settled at US$0.7129 or US$1=C$1.4027 on Thursday, which compares with Wednesday’s close of US$0.7153 or US$1=C$1.3980. Broad strength in the U.S. dollar internationally accounted for much […] Read more
Futures

North American Grain and Oilseed Review: Canola takes a tumble

More declines for U.S. soy, corn, wheat

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By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gave up early increases to fall hard on Thursday, largely due to weakness in the Chicago soy complex. Additional pressure on canola came from declines in Malaysian palm oil and European rapeseed. However, modest upticks in crude oil attempted to stymie a […] Read more
Futures

ICE Canola Midday: Turning around to push lower

Pressure from weaker soy complex

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By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower at midday Thursday, getting pressure from a weaker Chicago soy complex. Uncertainty regarding tariffs and biofuel policies of the incoming Trump administration continued to push down the complex, as did improving weather conditions in Brazil and Argentina. “Canola does not have […] Read more
Global markets

Global Markets: Euro approaching parity with U.S. dollar

Sliding away from highs in September

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By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The Euro dropped to one-year lows as of Thursday, as the European Union currency continued its slide towards parity with the United States dollar. Currently at US$1.05, the Euro has lost […] Read more

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AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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