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Global Markets: Projecting moderate growth with declining bank rates

Deloitte Canada says rates should be 3.75% by end of year

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The following is a glance at the news moving markets in Canada and globally.   Canada’s economy is projected to grow moderately should the Bank of Canada continue to cut its interest rates, according to a report from Deloitte Canada on Thursday. The financial firm projected the BoC’s rates to be down to 3.75 per […] Read more
Futures

ICE canola turns lower after running into resistance

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By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm—The ICE Futures canola market was weaker Thursday morning with chart-based positioning a feature of the choppy trade. Overnight advances in Chicago soyoil provided spillover support, although the soy market backed away as the North American day session got underway and canola also moved off its session highs. […] Read more
Currency Markets

Canadian Financial Close: Loonie up, crude oil falls

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Glacier FarmMedia MarketsFarm – The Canadian dollar made a small step upwards on Wednesday. The loonie was at US$0.7428 or US$1=C$1.3462, compared to US$0.7425 or US$1=C$1.3468 on Tuesday. The United States Dollar Index jumped 0.51 of a point at 100.97. Crude oil fell on Wednesday on signs supply disruptions in Libya were easing. West Texas Intermediate […] Read more
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Markets

Rising CBOT soybeans facing resistance

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Optimism over increased Chinese demand along with weather concerns in Brazil gave the Chicago soybean market a boost and triggered some fund short covering over the past week, but the futures will likely face stiff resistance to the upside going forward.
Futures

North American Grain and Oilseed Review: Another day of gains for canola

U.S. soybeans, corn, wheat climb higher

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By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Wednesday, as its November contract pushed further above its now former resistance level of C$600 per tonne. A trader commented that support from technicals and short covering propelled canola upward. The November contract surpassed its 20 and 50-day moving […] 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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