North American grain/oilseed review: Canola falls Friday

ICE Futures canola market was weaker on Friday, settling at its weakest levels in two weeks. Speculative selling was a feature as fund traders liquidated long positions. Losses in Chicago soyoil and a firmer tone in the Canadian dollar contributed to the bearish tone in canola. The canola market will be closed Monday for Terry […] Read more

Semi truck approaching a border ahead highway sign. Composite image.

Oval Office intrigue drags on farm-level decisions

Farm Financial Planner: In the churning world of U.S. import policy, tariffs stalk Canada’s bewildered farmers

A rational family sitting down for a budget discussion should raise savings, reduce the risk those savings face when invested, and make a point to keep up with every twist and turn of emerging U.S. tariff and tax policy.


ICE canola weaker at midday Friday

By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was weaker at midday Friday, taking some direction from Chicago soyoil. European rapeseed futures were also down on the day, although Chicago soybeans and Malaysian palm oil were firmer. Chart-based selling was a feature, as fund traders were thought to be liquidating long positions […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was stronger Friday morning as currency markets reacted to the latest trade news out of the United States. At 9:14 a.m. CDT the Canadian dollar was trading at US$0.7254 or US$1=C$1.3785 which compares with Thursday’s close of US$0.7223 or US$1=C$1.3844. U.S. President Donald Trump signed executive orders placing import […] Read more


Global Markets: U.S. ups tariffs on Canada

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   United States President Donald Trump signed an executive order on Thursday raising the tariff on Canadian goods to 35 per cent, from 25 per cent. Most Canadian exports fall under the Canada-U.S.-Mexico Agreement (CUSMA) and can still […] Read more

ICE canola retreats to start August

Glacier FarmMedia — Canola futures on the Intercontinental Exchange were in the red on Friday morning as a lack of weather concerns pressured the oilseed. Most of Saskatchewan and Alberta will see rain showers either this weekend or at the start of next week. Most of southern Manitoba is expected to be warm and dry […] Read more