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Canadian Financial Close: Slight movement in loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar closed relatively steady on Friday, following modest upticks in the United States dollar and crude oil. The loonie closed at US$0.7256 or US$1=C$1.3781 compared to Thursday’s close of US$0.7260 or US$1=C$1.3774. On the U.S. Dollar Index, the greenback rose 0.257 of a point […] Read more






ICE canola price slide continues Friday

Glacier FarmMedia — ICE Futures canola contracts continued their downward slide on Friday, as the market lacked any supportive fundamental news. Weekly Canadian canola exports of 57,400 tonnes were down by 80 per cent from the previous week in the latest Canadian Grain Commission data. Crop year-to-date exports at 2.4 million tonnes compares with 4.2 […] Read more





ICE canola pulls back

Glacier FarmMedia – Canola futures on the Intercontinental Exchange approached the weekend in negative territory, with the March contract dropping below the C$600 per tonne mark. The Canadian Grain Commission reported canola exports for the week ended Dec. 14 were 57,400 tonnes, well below the previous week’s 289,200. Due to a lack of Chinese buying, […] Read more

Canadian Dollar and Business Outlook: Loonie firm

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Friday morning, as small increases in the United States dollar and crude held each other in check. As of 8:40 am CST, the loonie was at US$0.7266 or US$1=C$1.3761, compared to Thursday’s close of US$0.7260 or US$1=C$1.3774. On the U.S. […] Read more