ICE Canada Morning Comment: Record canola crop

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures continued lower on Thursday morning, following the Statistics Canada’s production of principal field crops report. StatCan boosted its canola production estimate for 2025/26 to a record 21.80 million tonnes, on the high side of pre-report predictions. The previous record was 21.46 million tonnes […] Read more



Canadian financial close: C$ strengthens

Glacier FarmMedia — The Canadian dollar was stronger on Wednesday, underpinned by gains in the energy sector and solid earnings reports from domestic banks.      The Canadian dollar settled at US$0.7169 or US$1=C$1.3949, which compares with Tuesday’s close of US$0.7150 or US$1=C$1.3986.      The Royal Bank of Canada and National Bank of Canada both reported […] Read more




North American Grain/Oilseed Review: Canola, grains in the red

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange retreated on Wednesday with little support from comparable oils.      Statistics Canada will release its principal field crop estimates on Thursday with many observers anticipating canola production to exceed the agency’s previous estimate of 20.03 million tonnes. The Western Producer Markets Desk spoke to analysts and […] Read more





ICE Midday: Canola suffers losses

Glacier FarmMedia – Canola futures on the Intercontinental Exchange took a tumble in the middle of Wednesday trading with little support from comparable oils. Statistics Canada will release its principal field crop estimates on Thursday with many analysts anticipating a higher canola production estimate than the 20.03 million tonnes previously projected. An analyst said canola’s […] Read more

Global Markets: More military aid for Ukraine

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Canada’s foreign affairs minister Anita Anand announced on Wednesday the federal government will spend more than C$200 million on military equipment for Ukraine through the Prioritized Ukraine Requirements List set up by NATO and the United […] Read more