Canadian Dollar and Business Outlook: Loonie slips ahead of rate announcements

BoC, Fed expected to freeze key rates

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Monday morning ahead of two interest rate announcements on Wednesday. As of 8:34 am CDT, the loonie was at US$0.7286 or US$1=C$1.3724 compared to Friday’s close of US$0.7297 or US$1=C$1.3704. Analysts forecast the Bank of Canada and the United States Federal […] Read more

Photo: Greg Berg

U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall

Soybeans slip on slower-than-hoped U.S. export sales

Chicago | Reuters – Chicago Board of Trade wheat futures fell on Friday and notched a weekly loss, as plentiful global supply from ongoing Northern Hemisphere harvests outweighed strong U.S. exports. Corn futures eased on the day, with the most-active contract Cv1 ended the week nearly 2.05 per cent lower, amid expectations of a large […] Read more


Photo: File

U.S. livestock: Cattle futures climb as U.S. herd remains small

Chicago | Reuters – Chicago Mercantile Exchange cattle futures turned higher on Friday, as traders anticipated U.S. government reports would show tight cattle supplies. After the market closed, the U.S. Department of Agriculture reported that the nation’s cattle herd was 94.2 million head as of July 1, a record low for that date. In a separate report, USDA […] Read more



Canadian Financial Close: Loonie drops, new record for TSX

Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Friday but still ended the week slightly higher than the last. The loonie ended Friday at US$0.7297 or US$1=C$1.3704, compared to US$0.7337 or US$1=C$1.3630 on Thursday. The closing rate on July 18 was US$0.7289 or US$1=C$1.3719. United States President Donald Trump told reporters Friday morning he […] Read more

North American Grain/Oilseed Review: Canola rises, down day for grains

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Friday despite weakness in most comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly up. Crude oil declined due to the Trump administration allowing Chevron to resume operations in Venezuela. Scattered showers and thunderstorms are […] Read more



ICE Midday: Canola showing independent strength

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were stronger in the middle of Friday trading despite mostly negative sentiment in comparable oils. European rapeseed was mostly higher, while Chicago soyoil and Malaysian palm oil were lower. Crude oil was down on Chevron’s potential resumption of operations in Venezuela. The Canadian Prairies will […] Read more