Global Markets: BoC cuts key rates

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As widely expected by analysts, the Bank of Canada announced on Wednesday a quarter-point cut to its key interest rates with its overnight rate now at 2.5 per cent. The BoC noted weaker […] Read more




Photo: Geralyn Wichers

U.S. livestock: Cattle and hog futures slide

Chicago cattle and hog futures slid on Tuesday as economic data showed signs of slowing U.S. household spending. Most-active December live cattle closed at 235.150 cents a pound, down 1.125 cents. October contracts settled at 233.450 cents per pound, down 1.150 cents. Most-traded October feeder cattle futures settled at 354.300 cents a pound, down 0.200 […] Read more


Canadian Financial Close: More gains for loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pushed higher on Tuesday, as its United States counterpart fell back and there were gains in crude oil. The increase in the loonie comes before tomorrow morning’s Bank of Canada interest rate announcement. The U.S. Federal Reserve follows with its announcement in the […] Read more



North American Grain and Oilseed Review: A ‘turnaround Tuesday’ for canola

Increases for U.S. soy, corn, wheat By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Tuesday, erasing all or most of yesterday’s losses. Support came from gains in the Chicago soy complex and European rapeseed. Increases in crude oil spilled over into the vegetable oils. The markets in Malaysia […] Read more




ICE Canola Midday: Climbing higher with comparable oils

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Tuesday morning, getting spillover from gains in the comparable oils. The Chicago soy complex was on the rise, along with European rapeseed. They were underpinned by increases in crude oil. With a holiday in Malaysia, the palm oil […] Read more