Markets

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were weaker on Friday morning, as the other vegetable oils fell to the downside. Sharp losses in Chicago soyoil led the pull back, followed by more modest declines in MATIF rapeseed and Malaysian palm oil. Chicago soybeans were lower as well, but soymeal […] Read more

Glacier FarmMedia — ICE canola futures are weaker Friday morning, as speculative profit-taking came forward after the market hit six-week highs on Thursday. A softer tone in the Chicago soy complex accounted for some spillover selling. European rapeseed and Malaysian palm oil were also lower.Canadian Prime Minister Mark Carney met with Chinese President Xi Jinping […] Read more

Glacier FarmMedia – The Canadian dollar fell on Thursday as the United States and China reached a new trade deal and the U.S. greenback strengthened.      The loonie dropped to US$0.7149 or US$1=C$1.3987, compared to US$0.7186 or US$1=C$1.3916 on Wednesday. On Wednesday, the Bank of Canada cut its key interest rates by 25 basis points […] Read more

Only U.S. soybeans, soymeal rise with trade deal news By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Canola futures on the Intercontinental Exchange closed higher on Thursday, finding good traction after a shaky start to the session. Gains in Chicago soybeans and soymeal, underpinned by the United States/China trade agreement, lent support to canola, but […] Read more