Markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar budged upward on Friday morning, amid a steady United States dollar and crude oil either side of unchanged. As of 8:36 am CDT, the loonie was at US$0.7309 or US$1=C$1.3683 compared to Thursday’s close of US$0.7305 or US$1=C$1.3690. On the U.S. Dollar Index, the […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was mostly higher on Thursday, seeing a continuation of Wednesday’s corrective bounce off nearby lows. Statistics Canada released updated acreage estimates pegging 2024/25 canola seedings in the country at 22.0 million acres. That was up from the March projection of 21.4 million […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market added onto the previous day’s gains on Thursday despite a bearish acreage report from Statistics Canada (StatCan). StatCan reported in its principal field crop acreage estimates released this morning that Canadian farmers planted 22 million acres of canola this spring, well above trade estimates. Chicago soyoil, […] Read more