Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding steady Tuesday morning, consolidating in a narrow range after Monday’s drop from nearby highs relative to its United States counterpart. At 9:03 a.m. CST the Canadian dollar was trading at US$0.7313 or US$1=C$1.3674 which compares with Monday’s close of US$0.7312 or US$1=C$1.3676. Gains in crude oil and […] Read more

Global Markets: CPKC breaks January grain records

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Canadian Pacific Kansas City announced on Monday it broke its grain shipping record for the month of January last month. CPKC transported 2.395 million tonnes, surpassing its own January monthly record from 2023. January’s 24,688 carloads […] Read more


ICE Canada Morning Comment: Canola on the rise

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Tuesday morning, gleaning support from increases in the comparable oils. Chicago soyoil was up sharply with more modest gains in soybeans, as well as MATIF rapeseed and Malaysian palm oil. Upticks in crude oil spilled over into the vegetable oils. […] Read more

Photo: Greg Berg

U.S. livestock: Cattle rally, hogs rise

Chicago cattle rallied on Monday. Lean hogs also rose. Most-active April live cattle futures closed at 239.525 cents a pound, up 2.725 cents. June live cattle gained 2.525 cents to settle at 234.250 cents a pound. Most-traded March feeder cattle contracts closed at 366.350 cents a pound, up 6.075 cents. April feeders gained 5.900 cents […] Read more


Canadian financial close: C$ weakens Monday

Glacier FarmMedia — The Canadian dollar was weaker relative to its United States counterpart on Monday. The Canadian dollar settled at US$0.7312 or US$1=C$1.3676, which compares with Friday’s close of US$0.7374 or US$1=C$1.3562. Investors were taking some of the risk premium out of oil and other commodities as tensions between the U.S. and Iran eased […] Read more






ICE Midday: Canola down in ‘macro selloff’

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were weaker in the middle of Monday trading due to what one analyst said was a “macro selloff” in the markets, especially in crude oil. United States President Donald Trump said last weekend that the U.S. and Iran are currently engaged in talks, which sent crude […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was weaker Monday morning, as losses in crude oil weighed on the energy-linked currency. At 8:58 a.m. CST the Canadian dollar was trading at US$0.7314 or US$1=C$1.3672 which compares with Friday’s close of US$0.7374 or US$1=C$1.3562. Investors were taking some of the risk premium out of oil as tensions […] Read more