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Global Markets: Chevron secures major win

Exxon challenged Chevron's access to major oil reserve

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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.   Chevron’s US$53 billion takeover of Hess will proceed; the International Chamber of Commerce ruled on Thursday. Exxon Mobil challenged Chevron’s move to gain access to the oil reserves in the […] Read more
Futures

ICE canola making modest gains

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Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Friday morning as they received support from comparable oils. Chicago soyoil was higher while Malaysian palm oil made sharp gains. However, European rapeseed was mostly lower. Crude oil moved upward after the European Union imposed more sanctions against Russia’s oil industry. Rain […] Read more
Currency Markets

Canadian Financial Close: C$ weaker Thursday

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Glacier FarmMedia — The Canadian dollar was weaker on Thursday, as its United States counterpart regained lost ground in international trade. The Canadian dollar settled at US$0.7271 or US$1=C$1.3753, which compares with Wednesday’s close of US$0.7293 or US$1=C$1.3712. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled […] Read more
Futures

North American Grain and Oilseed Review: Canola stronger on comparable oils

U.S. soy higher as corn, wheat lower

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By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Thursday, in gleaning support from comparable oils. Strong gains in Chicago soyoil plus more modest upticks in soybeans and soymeal pushed canola higher. Added support came from increases in European rapeseed and Malaysian palm oil. Crude oil further underpinned […] Read more
Futures

ICE Canola Midday: Strength from outside markets

Funds shying away from liquidating

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By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were stronger late Thursday morning, in what a trader called a surprising move. The trader said he expected the canola market to continue lower, but spillover from outside markets is pushing prices higher. Besides the increases in Chicago soyoil and soybeans, that […] Read more
Currency Markets

Canadian dollar and business outlook

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Glacier FarmMedia — The Canadian dollar was softer Thursday morning, as the United States currency saw some strength internationally. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled currency markets on Wednesday, but Trump later walked back those comments. At 9:28 a.m. CDT the Canadian dollar was […] Read more
IGC maintains 2025/26 world corn and wheat crop forecasts
Markets

IGC maintains 2025/26 world corn and wheat crop forecasts

Larger U.S. crop offset by reductions elsewhere

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The International Grains Council on Thursday maintained its forecast for 2025/26 global corn production with a slightly improved outlook for crops in the United States offset by downward revisions for Hungary and Romania.
Global markets

Global Markets: Carney imposes tariffs to protect Canadian steel industry

Attempting to stymie imports of cheap foreign steel

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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.   Canadian Prime Minister Mark Carney announced on Wednesday that 50 per cent tariffs will be slapped on imports of cheap foreign steel in order to bolster domestic production. Carney said […] Read more
Futures

ICE canola continues its choppy trade

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Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange rebounded early Thursday from Wednesday’s sharp losses, strengthened by a weaker Canadian dollar and rising comparable oils. Chicago soyoil and European rapeseed were higher while Malaysian palm oil was slightly lower. Crude oil made gains due to inflamed tensions in the Middle East as […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

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AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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