ICE canola underpinned by tightening supplies

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, hitting fresh three-month highs as tightening supplies and the need to ration demand provided support. Statistics Canada reported canola stocks in the country as of Dec. 31 at 11.382 million tonnes, which compares with 14.087 million at […] Read more




ICE Canada Morning Comment: Canola stocks drop

StatCan releases stocks report

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Friday morning following the release of Statistics Canada stocks report. Total on farm and commercial canola stocks as of Dec. 31 were estimated at 11.38 million tonnes, down from 14.09 million a year ago. StatCan said the reduced stocks were […] Read more


Canadian Financial Close: Loonie, crude oil in decline

Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Thursday. The loonie closed at US$0.6982 or US$1=C$1.4322, lower than US$0.6995 or US$1=C$1.4295 on Wednesday. The United States Dollar Index added 0.13 points at 107.71. Crude oil was in decline on Thursday. Brent crude oil weakened US$0.33 at US$74.2 per barrel. West Texas […] Read more