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Futures

ICE canola mixed at midday Wednesday

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By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was narrowly mixed at midday Wednesday, with the old crop July contract showing some strength and the new crop months posting small losses. July canola was trading just below C$700 per tonne at midday, running into resistance after an earlier attempt at […] Read more
Global markets

Global Markets: BoC freezes rates

Economic uncertainty guides decision

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By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The Bank of Canada held its key interest rate at 2.75 per cent on Wednesday. The Canadian central bank said economic uncertainty due to United States tariffs was the primary reason […] Read more
Currency Markets

Canadian Dollar and Business Outlook: BoC maintains key rate

Economic uncertainty created by Trump tariffs

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By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up to almost 73 U.S. cents on Wednesday morning, following the interest rate announcement from the Bank of Canada. The BoC held its key overnight rate at 2.75 per cent, citing uncertainty with the Canadian and global economies due to United States tariffs. Also, […] Read more
Futures

ICE canola lower, vegetable oils mixed

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Glacier FarmMedia | MarketsFarm – The ICE Futures canola market took a step back on Wednesday morning amidst mixed sentiment in comparable oils. Chicago soyoil was down, Malaysian palm oil was up and European rapeseed was steady. Crude oil also changed very little as OPEC+ raising output and Canadian wildfires cancelled each other out. The Canadian […] Read more
Photo: Canada Beef
Livestock, Markets

U.S. livestock: Cattle, hog prices ease off

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Cattle prices on the Chicago Mercantile Exchange slipped back on Tuesday despite earlier gains. The August live cattle contract rose to US$212.850 per hundredweight during the day, but eventually closed at US$209.750, a loss of US$1.250 compared to Monday’s close. The August feeder cattle contract also reached its highest price since May 13 at US$304.550/cwt. […] Read more
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Corn, Crops, Markets, Reuters, Soybeans, Winter Wheat

U.S. grains: Soybeans buoyed by higher crude oil; wheat sags

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Chicago | Reuters — U.S. soybean futures rose on Tuesday, rallying from a seven-week low struck a day earlier, as strong crude oil prices lifted soyoil futures and traders weighed expectations that the leaders of United States and top global soy buyer China will speak this week. Corn futures bounced after dipping to multi-month lows […] Read more

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