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Canadian Financial Close: Loonie steady, crude oil drops

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Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady on Tuesday. The loonie closed at US$0.7332 or US$1=C$1.3638, compared to US$0.7335 or US$1=C$1.3634 on Monday. The United States Dollar Index was up 0.11 of a point at 105.11. U.S. Federal Reserve chair Jerome Powell testified to Congress earlier today with many observers interpreting his […] Read more
Futures

North American Grain and Oilseed Review: Oilseed sell-off drags down canola

Another round of steep losses for CBOT soybeans, soyoil

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By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures dropped hard on Tuesday, forced to follow another day of sharp declines in the Chicago soy complex. Canola also felt the pressure from sizeable pullbacks in European rapeseed and Malaysian palm oil. Losses in crude oil added to the slide in oilseeds. […] Read more
Photo: Reuters/Ben Nelms/File
Markets, News

Global crop yields have not kept up with increasing demand 

Sluggish production blamed on adverse weather conditions and high input costs that lead to reduced fertilizer use

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The global stocks-to-use ratio for the major crops, excluding China, has been trending down since 2018, Jason Newton, Nutrien’s chief economist, told delegates attending the 24th International Farm Management Association Congress in Saskatoon.
Futures

ICE Canola Midday: Good weather, weaker comparable oils weighing on values

Spec funds staying short

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Intercontinental Exchange canola futures continued to pull back at midsession Tuesday, adding to yesterday’s sharp declines. Pressure on canola was coming from steep losses in Chicago soyoil, as well as soybeans and soymeal, a trader noted. He said canola has been holding up pretty well compared to soyoil, but the latter has dropped so much […] Read more
Photo: Canada Beef
Beef Cattle, Markets

Klassen: Buyers tasting feeder cattle prices for fall run

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For the week ending July 2, Western Canadian yearling prices were steady to $5 higher compared to seven days earlier for larger packages. Small groups of 800-pound-plus cattle were $10 to $15 discounted to pen-sized lots. Calf markets were relatively unchanged from the prior week, although volume was limited. There is significant open demand for yearlings and finishing feedlot operators are watching how prices develop.  
Global markets

Global Markets: Canadians worrying about their finances

Majority say they're struggling with inflation

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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.   TransUnion released survey results on Tuesday of Canadian consumers, finding that 57 per cent said their incomes are not keeping up with inflation. Also, 38 per cent said they expect bill […] Read more
Futures

ICE canola continues lower Tuesday morning

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By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Tuesday morning, seeing some follow-through selling after backing away from one-month highs on Monday. Spillover from losses in outside markets – including Chicago soyoil, European rapeseed and Malaysian palm oil – contributed to the declines in canola. The most-active November contract […] 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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