Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.
- Canadian manufacturing sales dipped by 1.0 per cent in August to C$69.4 billion, reported Statistics Canada. Wholesale sales in the country fell by 1.2 per cent to C$85.4 billion.
- Strong export demand is forecast to cut into grain ending stocks in France, according to FranceAgriMer. The farm office cut its call on 2025/26 wheat ending stocks to 2.79 million tonnes, from 3.64 million forecast in September. However, supplies would still be up 12.6 per cent on the year. Projected barley stocks were lowered to 1.94 million tonnes, from 2.19 million, but would still be 71 per cent above the 2024/25 carryout.
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- The United States has revoked the visas of six foreigners due to social media comments made following the assassination of conservative activist Charlie Kirk. The news came as President Donald Trump posthumously awarded Kirk the presidential medal of freedom — the highest civilian honour in the country.
- Stellantis, the world’s fourth largest carmaker, said it will invest US$13 billion over the next four years to expand manufacturing capacity in the U.S. The move is being made to counteract U.S. tariffs on cars produced in Mexico and Canada. It will reportedly increase U.S. production by 50 per cent and create 5,000 jobs.
