Canadian Dollar and Business Outlook: Loonie virtually unchanged, Middle East conflict rages on

Glacier FarmMedia – The Canadian dollar was relatively steady on Thursday morning after a new round of strikes in the Middle East fuelled rising crude oil prices.      The loonie was at US$0.7320 or US$1=C$1.3661 as of 8:41 a.m. CST, compared to Wednesday’s close at US$0.7319 or US$1=C$1.3664. The United States Dollar Index increased by […] Read more







U.S. Grain/Oilseed Review: Uncertainty leads to losses

SOYBEAN futures at the Chicago Board of Trade eased back on Wednesday, due to market uncertainty being generated by the Middle East war. However, Chicago soyoil climbed higher as crude oil turned narrowly mixed after shedding its earlier losses. Ahead of the weekly export sales report from the United States Department of Agriculture on Thursday, […] Read more


ICE Closing Review: Canola overcomes choppy trading

U.S. biodiesel policy to bolster canola - trader

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed higher on Wednesday, after a bout of choppy trading. Canola increased as Chicago soyoil found traction later in today’s session. However, declines in MATIF rapeseed and Malaysian palm oil capped the upside in the Canadian oilseed. Crude oil was trading steady to lower, after […] Read more



Global Markets: The latest on the Middle East war

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump announced on Tuesday that the U.S. Navy will now escort oil tankers through the Strait of Hormuz and the U.S. will provide war insurance. Traffic through the narrow […] Read more