ICE Canola Midday: Canadian oilseed pulling back

Down fourth time in 20 sessions

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower late Wednesday morning, being pulled down by losses in the Chicago soy complex and European rapeseed. A broker said today’s trading would mark only the fourth red bar in 20 sessions. “It’s a phenomenal ride,” he stated, noting the day isn’t […] Read more

Global Markets: Canadian premiers in D.C.

Meeting with U.S. lawmakers, lobbyists

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Canada’s 13 provincial and territorial premiers are in Washington, D.C. on Wednesday to meet with United States lawmakers and special interest groups. Led by Ontario Premier Doug Ford, the current chair […] Read more


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Wednesday morning, as financial markets reacted to the latest inflation data out of the United States. At 8:48 a.m. CST the Canadian dollar was trading at US$0.6979 or US$1=C$1.4329 which compares with Tuesday’s close of US$0.6990 or US$1=C$1.4307. The U.S. Consumer Price Index was […] Read more

ICE canola undergoes slight correction

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed some weakness on Wednesday morning, following declines in crude oil. Crude oil dropped due to rising United States stockpiles and hawkish sentiment from the U.S. Federal Reserve. European rapeseed and Malaysian palm oil were higher while Chicago soyoil was slightly lower. The Canadian dollar […] Read more



Canadian Financial Close: C$ firm Tuesday

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer on Tuesday, as currency traders largely ignored the latest trade threats coming out of the United States. The Canadian dollar settled at US$0.6990 or US$1=C$1.4307, which compares with Monday’s close of US$0.6982 or US$1=C$1.4323. U.S. President Donald Trump signed an executive order that will […] Read more



North American Grain and Oilseed Review: Canola’s rally keeps going

CBOT futures in red following S/D report

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures rallied for a fourth consecutive session on Tuesday. Support came from the tightening canola supply situation in Canada as exports and domestic use remain strong. Gains in Chicago soyoil and European rapeseed spilled over into canola, but those increases were tempered by […] Read more