Global Markets: Crop tour results for Indiana, Nebraska

Bean pod counts fall in Indiana

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Day two of the Pro Farmer crop tour brought results from Indiana and Nebraska. In Indiana on Tuesday, corn yields increased from last year to 193.82 bushels per acre, but […] Read more

ICE canola finds positive momentum

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Wednesday as comparable oils were mixed. European rapeseed was up, but Chicago soyoil and Malaysian palm oil were down. Crude oil made gains due to a draw in United States stockpiles and uncertainty over peace talks between Russia and Ukraine. Much of the […] Read more

Canadian Dollar and Business Outlook: Loonie slips lower

Greenback dips as well as crude rises

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased back on Wednesday morning despite a relatively steady United States dollar and upticks in crude oil. As of 8:35 am CDT, the loonie was at US$0.7213 or US$1=C$1.3864 compared to Tuesday’s close of US$0.7219 or US$1=C$1.3852. On the U.S. Dollar Index, the greenback […] Read more


Canadian Financial Close: Loonie continues sliding back

July CPI dips 0.2 of a point

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost nearly a quarter of a cent on Tuesday, unable to gain traction from Statistics Canada’s July inflation report. The loonie finished at US$0.7219 or US$1=C$1.3852, compared to Monday’s close of US$0.7242 or US$1=C$1.3809. The U.S. Dollar Index nudged up 0.118 of a […] Read more

North American Grain and Oilseed Review: Triple whammy weighs on canola

U.S. soybeans, corn down while wheat mixed

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Tuesday, due to what an analyst called the “triple whammy” of lower crude oil prices, declines in vegetable oil prices and good United States crop ratings. The analyst also noted the favourable conditions on the Prairies and the lack […] Read more


ICE Canola Midday: Combination of things pushing prices down

Nothing headline-grabbing says analyst

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures continued lower late Tuesday morning, in what an analyst called the “triple whammy” of lower crude oil prices, declines in vegetable oils and good crop ratings in the United States. There were losses in Chicago soybeans and especially soyoil, while soymeal nudged […] Read more

Global Markets: Inflation eases says StatCan

Fuel prices down, but food, housing up

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Inflation in Canada eased in July to an annualized rate of 1.7 per cent, Statistics Canada reported on Tuesday. The consumer price index dipped 0.2 of a point from June, […] Read more

ICE canola retreats

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were down in early Tuesday trading, getting little support from comparable oils. However, a weaker loonie supported the oilseed. Chicago soyoil and Malaysian palm oil were lower while European rapeseed was mixed. Crude oil also declined due to the possibility of a summit between Ukraine, the United […] Read more


Canadian Dollar and Business Outlook: Canada’s CPI dips in July

Fuel prices fall

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back on Tuesday morning despite Statistics Canada reporting inflation was lower last month. As of 8:42 am CDT, the loonie was at US$0.7227 or US$1=C$1.3836 compared to Monday’s close of US$0.7242 or US$1=C$1.3809. On the United States Dollar Index, the greenback shed 0.037 […] Read more

Canadian Financial Close: Loonie holds steady

Crude rises with positive view of White House meeting

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Monday following modest increases in the United States dollar and crude oil prices. The loonie finished at US$0.7242 or US$1=C$1.3809, compared to Friday’s close of US$0.7243 or US$1=C$1.3806. The U.S. Dollar Index added 0.258 of a point at 97.970. Benchmark […] Read more