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Canadian Financial Close: Loonie pulls back

Crude rises on Trump rhetoric

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By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost about a third of a cent on Monday despite strong gains in crude oil. The loonie closed Monday at US$0.6956 or US$1=C$1.4376, compared to Friday’s finish of US$0.6990 or US$1=C$1.4307. On the U.S. Dollar Index, the greenback added 0.146 of a point […] Read more
Futures

North American Grain/Oilseed Review: Canola, corn, wheat make gains

USDA releases grain stocks, prospective plantings reports

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Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mostly higher as the May contract eased back. One analyst said the rise in crude oil was lifting vegetable oil prices, and if the May canola contract gets to above C$620 per tonne, it could trigger a selloff. However, that depends on whether the […] Read more
Futures

ICE Midday: Canola rises with crude, palm oils

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Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed gains in the middle of trading on Monday, deriving strength from vegetable and crude oils. Malaysian palm oil sharply rose while crude oil was up more than US$1 per barrel after United States President Donald Trump warned buyers of Russian oil with tariffs and […] Read more
Global markets

Global Markets: Two major USDA reports out today

Prospective plantings, grains stocks as of March 1

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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 United States Department of Agriculture is set to release two major reports at 11 am CDT on Monday. One will be the prospective plantings report, in which the trade projected […] Read more
Futures

ICE canola steady to higher

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Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small gains on Monday morning, continuing its positive momentum from the past week. Malaysian palm oil was extremely strong, while European rapeseed was mostly positive and crude oil was higher after United States President Donald Trump warned buyers of Russian oil of tariffs and […] Read more
Currency Markets

Canadian Dollar and Business Outlook: Loonie steps back

Uncertainty dominates Wednesday's U,S. tariffs

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By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Monday morning, as uncertainty surrounds the next round of United States tariffs set to be imposed by President Donald Trump on Wednesday. As of 8:33 am CDT, the loonie was at US$0.6960 or US$1=C$1.4369 compared to Friday’s close of US$0.6990 or US$1=C$1.43307. […] Read more
Prairie farmland rentals rates difficult to track
Features, Markets

Prairie farmland rentals rates difficult to track

Rental rates could be important in 2025 as grain producers deal with lower grain prices and relatively high input costs

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In Red Deer County in central Alberta, a survey found cropland leasing rates were around $75 per acre. Renting that same land could be 40-50 per cent more expensive in 2025 — but it’s difficult to even make a guess because land rents are considered a “dark market.”

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