Markets
A severe winter storm in the United States and a weakened greenback helped raise prices on the Chicago Board of Trade during the week ended Jan. 28, 2026.
Markets
CBOT Weekly: Prices to continue higher
Canadian Financial Close: All time record highs for TSX, gold
By Glen Hallick Glacier FarmMedia – The Canadian dollar climbed more than a quarter of a cent on Wednesday, following today’s interest rate freezes by the Bank of Canada and the United States Federal Reserve. The loonie finished at US$0.7369 or US$1=C$1.3571 compared to Tuesday’s finish of US$0.7342 or US$1=C$1.3620. On the U.S. Dollar Index, […] Read more
North American grain/oilseed review: Canola strengthens Wednesday
Glacier FarmMedia — The ICE Futures canola market was stronger on Wednesday, finding spillover support from gains in Chicago soybeans. Speculative short covering was a feature, with the settlement above C$650 per tonne in the March contract seen as constructive from a technical standpoint. Gains in European rapeseed and Malaysian palm oil provided additional support, […] Read more
Bank of Canada holds rates, says hard to predict future moves
The Bank of Canada on Wednesday held its policy rate at 2.25 per cent, as widely expected, and Governor Tiff Macklem said the high level of uncertainty made it difficult to predict when and how rates might next change.
Global Markets: BoC holds rates steady
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The Bank of Canada held its key overnight interest rate steady at 2.25 per cent in its latest policy announcement Wednesday morning. Governor Tiff Macklem said uncertainty around the forecast was “heightened” in a prepared statement, pointing to […] Read more
ICE canola supported, strengthens
Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to rally, fuelled by comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil made gains to start the day. Meanwhile, crude oil was also higher due to the weaker U.S. dollar, the arrival of U.S. warships to the Middle East and continued disruptions at […] Read more
Canadian Dollar and Business Outlook: Loonie getting stronger
By Glen Hallick Glacier FarmMedia – The Canadian dollar continued higher on Wednesday morning, following the Bank of Canada’s latest announcement on its key overnight rate. The BoC froze that interest rate at 2.25 per cent, noting that little has changed economically for Canada, however the central bank noted unstable United States trade policies and […] Read more
U.S. grains: Soybean futures rise as dollar hits four-year low
Chicago | Reuters – U.S. soybean futures crept higher on Tuesday and wheat finished nearly unchanged as a sliding dollar underpinned prices. Corn futures ended slightly lower. The drop in the dollar index, which sank near a four-year low, helped to steady grain prices after a pullback on Monday, making U.S. crops look cheaper overseas, […] Read more
U.S. livestock: Cattle retreat, hogs rise
Chicago cattle futures retreated on Tuesday as regions of the U.S. reopened following snowstorms. “Weather impacts on the cattle market should begin to loosen up starting today as the region thaws,” StoneX said in a note. Most-active April live cattle futures lost 0.600 cents to close at 237.400 cents a pound. June contracts closed at […] Read more
Canadian Financial Close: Interest rate announcements Wednesday
By Glen Hallick Glacier FarmMedia – The Canadian dollar was higher on Tuesday, as part of the positioning ahead of Wednesday’s interest rate announcements from the Bank of Canada at 8:45 a.m. CST, and the United States Federal Reserve at 1 p.m. CST. Analysts’ predicted rate freezes by both central banks. Also, the Canadian dollar […] Read more