Global Markets: Carney speaks with Chinese, U.S. leaders

Discussions come ahead of G7 summit

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Canadian Prime Minister Mark Carney spoke with Chinese Premier Li Qiang on Friday and among the topics they discussed was trade. Among the tariffs the two countries have on each other […] Read more

Canadian Dollar and Business Outlook: Increases in U.S. dollar pull down loonie

StatCan issues unemployment report

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Friday morning due to a strengthening United States dollar. As of 8:46 am CDT, the loonie was at US$0.7308 or US$1=C$1.3687 compared to Thursday’s close of US$0.7321 or US$1=C$1.3659. On the U.S. Dollar Index, the greenback climbed 0.486 of a point at […] Read more


ICE canola gaining as weekend approaches

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was in positive territory in early Friday trading, supported by comparable oils as well as depleted supplies and uncertainty in the upcoming crop. Chicago soyoil, European rapeseed and Malaysian palm oil were higher, while a resumption of talks between the United States and China was a […] Read more



Canadian Financial Close: Loonie overcomes bad trade news

StatCan reports larger trade deficit

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar added nearly a tenth of a cent on Thursday, getting support from increased crude oil prices while the United States dollar was relatively steady. The loonie finished at US$0.7321 or US$1=C$1.3659, compared to Wednesday’s close of US$0.7312 or US$1=C$1.3677. The U.S. Dollar Index […] Read more



North American grain/oilseed review: Canola up Thursday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Thursday, with chart-based buying and spillover from soybeans providing support. Tight old crop supplies and production uncertainty for the new crop contributed to the gains. However, losses in soyoil and a firm tone in the Canadian dollar put some […] Read more

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Saskatchewan few points short of wrapping up spring planting

Topsoil moisture levels down

Farmers in Saskatchewan have virtually wrapped up their spring seeding for 2025, with the provincial agriculture department reporting the crops were 97 per cent planted as of June 2. That's up nine points on the week, three ahead of this time last year and two above the five-year average.


ICE canola showing some strength at midday

By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was stronger at midday Thursday, recovering from early losses with speculative positioning a feature. Tight old crop supplies and production uncertainty for the new crop provided underlying support. Chicago soybeans were also up on the day, but soyoil was lower. A stronger tone in […] Read more

Global Markets: China impedes tariff talks with Canada at WTO

Said matter can be raised at next meeting

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Reuters reported on Thursday that China blocked Canada’s request for a dispute panel to review additional import duties by China on agricultural and seafood products at the World Trade Organization. During […] Read more