Canadian Dollar and Business Outlook: Loonie weakens

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back on Wednesday morning, as its United States counterpart was stronger, while declines in crude oil limited the losses. As of 8:36 am CDT, the loonie was at US$0.7202 or US$1=C$1.3884 compared to Tuesday’s close of US$0.7230 or US$1=C$1.3832. On the U.S. Dollar […] Read more

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U.S. grains: Soy futures set six-week low as China buys Argentine cargoes, snubs U.S.

Chicago | Reuters – U.S. soybean futures set a six-week low on Tuesday under pressure from a lack of Chinese demand and increased competition for export sales from Argentina, analysts said. The market finished slightly higher in a technical rebound, traders said. Wheat futures also recovered after setting contract lows, with an expected boost to […] Read more


Canadian Financial Close: Loonie eases back

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar shed less than a 10th of a cent on Tuesday, unable to glean support from increased oil prices and a slightly weaker United States dollar. The loonie closed on Tuesday at US$0.7230 or US$1=C$1.3832 compared to Monday’s close of US$0.7238 or US$1=C$1.3816. The […] Read more

Photo: Geralyn Wichers

U.S. livestock: Hogs rally ahead of USDA report

Chicago lean hog futures rallied on Tuesday ahead of the USDA’s Hogs and Pigs report, due on Thursday. “The report may show a slight increase in total hog population, but analysts are speculating over what other stats may show and mean for futures prices,” the Wall Street Journal reported. The question is if producers expanded […] Read more


North American grain/oilseed review: Canola up in ‘turnaround Tuesday’ trade

Glacier FarmMedia — ICE canola futures strengthened in “turnaround Tuesday” activity, recovering most of Monday’s losses amid ideas recent declines were looking overdone. The November contract touched a session low of C$606.10 per tonne before uncovering support, marking the weakest level for the front-month contract since the end of March. A firmer tone in Chicago […] Read more




ICE canola holding onto small gains at midday Tuesday

Glacier FarmMedia — The ICE Futures canola market was stronger at midday Tuesday, uncovering chart support after hitting its lowest levels in nearly six months in overnight trade. The November contract touched a session low of C$606.10 per tonne, marking the weakest level for the front-month contract since the end of March. The Chicago soy […] Read more


Photo: Geralyn Wichers

Klassen: Feeder market slips off record highs

For the week ending September 20, Western Canadian feeder markets traded steady to $5/cwt lower compared to seven days earlier. There were pockets where quality calf packages traded $10-$15/cwt below prices from the prior week. The October feeder cattle futures have been trading at $15/cwt premium to the deferred March 2026 contract. This inverse in […] Read more

ICE canola shows little change

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were relatively steady on Tuesday compared to their recent slump. Chicago soyoil and Malaysian palm oil were lower, while European rapeseed was mixed. However, crude oil was higher after Iraq delayed increasing its oil exports. The Prairies continue to be above normal with high temperatures in […] Read more