Global Markets: Trump Middle East tour continues

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   Soybean and corn futures in the United States were slightly softer Wednesday morning, as good crop conditions across the country weighed on values. Wheat was mixed, with losses in spring wheat contracts and gains in […] Read more

ICE canola in negative territory

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market took back some of Tuesday’s gains on Wednesday morning, aided by a stronger Canadian dollar and mixed sentiment in comparable oils. Chicago soyoil was steady, while European rapeseed was lower and Malaysian palm oil was higher. Crude oil was down after a jump in United States […] Read more



Canadian Financial Close: C$ firm Tuesday

Glacier FarmMedia | MarketsFarm — The Canadian dollar strengthened on Tuesday, as currency traders reacted to the new federal cabinet unveiled by Prime Minister Mark Carney. The Canadian dollar settled at US$0.7159 or US$1=C$1.3969, which compares with Monday’s close of US$0.7144 or US$1=C$1.3998. General weakness in the United States dollar internationally contributed to the relative […] Read more






ICE canola rising at midday Tuesday

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was higher at midday Tuesday, with the largest gains in the new crop months. Advances in Chicago soyoil provided spillover support, with European rapeseed and Malaysian palm oil also up on the day. Soybeans were weaker at midday, but they were off their session lows. […] Read more


Photo: Geralyn Wichers

Klassen: Feedlot operators become cautious on purchases

For the week ending May 10, Western Canadian feeder cattle markets traded steady to $5 higher on average. Quality packages of lighter calves were priced $10-$15 above week ago levels. Many auction barns are only holding sales every two or three weeks at this time of year with limited numbers on offer. This made the market hard to define in certain weight categories.

Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer relative to its United States counterpart Tuesday morning. At 9:05 a.m. CDT the Canadian dollar was trading at US$0.7138 or US$1=C$1.4010 which compares with Monday’s close of US$0.7144 or US$1=C$1.3998. Consumer prices in the U.S. increased by 2.3 per cent on an annual basis […] Read more