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ICE Midday: Canola remains positive

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher in the middle of Thursday trading amidst mostly negative sentiment in comparable oils. Crude oil lost more than US$2 per barrel after the United States and Iran agreed to meet in Oman on Friday. Chicago soyoil and Malaysian palm oil were also in […] Read more



Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning, as losses in crude oil and commodities weighed on the currency. At 8:43 a.m. CST the Canadian dollar was trading at US$0.7311 or US$1=C$1.3678 which compares with Wednesday’s close of US$0.7316 or US$1=C$1.3668. The federal government will announce […] Read more


ICE Canada Morning Comment: Trying to erase overnight losses

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Thursday morning in an attempt to shed overnight losses. Gains in Chicago soybeans and soymeal offered support, but there were losses in Chicago soyoil and MATIF rapeseed while Malaysian palm oil held relatively steady. Crude oil was weaker, putting […] Read more