ICE Midday: Canola lower on Election Day

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was slightly lower coming out of the weekend amidst mixed sentiment in comparable oils. Chicago soyoil and European rapeseed were solidly in positive territory, while Malaysian palm oil was down. Crude oil prices were lower due to confusion over trade talks between the United States and […] Read more

ICE canola correcting lower to start week

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small losses Monday morning, seeing a modest correction to start the week after trending higher through April. The most-active July contract settled above the psychological C$700 per tonne mark on Friday but was back below that chart point Monday morning. A softer tone […] Read more


Global Markets: Election Day in Canada

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canadians go to the polls today for the federal election with all 345 seats in the House of Commons up for grabs. The election was called on March 23 by Liberal Party leader and Prime […] Read more

Canadian Dollar and Business Outlook: Loonie firm to start Monday

Canadians selecting next government today

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Election Day morning. As of 8:35 am CDT, the loonie was at US$0.7217 or US$1=C$1.3860 compared to Friday’s close of US$0.7213 or US$1=C$1.3863. On the index, the greenback added 0.141 points at 99.395. As Canadians head to the polls today, U.S. […] Read more



Canadian Financial Close: C$ firms in pre-weekend trade

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer on Friday. The Canadian dollar settled at US$0.7213 or US$1=C$1.3863, which compares with Thursday’s close of US$0.7209 or US$1=C$1.3872. Canadian retail sales decreased by 0.4 per cent in February to C$69.3 billion, reported Statistics Canada. However, core retail sales were up 0.5 per cent […] Read more



North American Grain and Oilseed Review: Canola hits highest prices in 16 months

Slight movement either side of unchanged in U.S. markets

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures extended its rally on Friday to a fourth consecutive session. Prices finished at levels not seen since December 2023. Tightening canola supplies continued to be a major driver in the upswing. The Canadian Grain Commission reported canola exports surpassed 7.50 million tonnes […] Read more



ICE Canola Midday: Looking to extend this week’s rally

Growing need for StatCan to revise production estimate

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued higher late Friday morning in an attempt to extend the oilseed’s rally to a fourth session. An analyst suggested the impetus for yesterday’s sharp gains was spillover from a hike in Chicago soyoil. That he said was spurred on by “a growing […] Read more