Canadian Financial Close: C$ firm Monday

Glacier FarmMedia — The Canadian dollar held firm relative to its United States counterpart on Monday, with positioning ahead of interest rate announcements from the Bank of Canada and U.S. Federal Reserve later in the month behind some of the activity. The Canadian dollar settled at US$0.7238 or US$1=C$1.3816, which compares with Friday’s close of […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. grains: Chicago corn, soybeans and wheat firm ahead of crop estimate

Chicago | Reuters — Chicago corn, soybean and wheat futures ticked up on Monday as traders awaited U.S. government harvest estimates later this week, with shrinking trade expectations on what are still expected to be large crops, according to analysts. A weaker dollar also underpinned grains and soybeans. Chicago Board of Trade most-active December corn […] Read more








ICE canola holding onto gains at midday Monday

By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was posting small gains at midday Monday, as the market consolidated above the five-month lows hit last week. Outside markets were providing little support, with the Chicago soy complex narrowly mixed and losses in European rapeseed. Malaysian palm oil moved higher overnight but was […] Read more



Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding steady Monday morning, with positioning ahead of next week’s Bank of Canada interest rate announcement behind some of the activity. At 9:14 a.m. CDT the Canadian dollar was trading at US$0.7230 or US$1=C$1.3831 which compares with Friday’s close of US$0.7231 or US$1=C$1.3829. Crude oil was posting small […] Read more

ICE Canada Morning Comment: Canola off to a positive start

Canola council takes umbrage with fed's announcement

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, getting support from gains in most comparable oils. There were increases in Chicago soybeans and soyoil, while soymeal edged lower. Malaysian palm oil was higher but European rapeseed was mixed. As crude oil advanced, its spillover underpinned the […] Read more