Canadian Financial Close: Loonie, crude oil lower

Glacier FarmMedia – The Canadian dollar eased off on Thursday. The loonie closed at US$0.7231 or US$1=C$1.3829, compared to US$0.7250 or US$1=C$1.3794 on Wednesday. Statistics Canada reported this morning that Canada’s merchandise trade deficit was at C$4.9 billion in July, compared to C$6 billion in June. Canada’s trade surplus with the United States grew by […] Read more



North American Grain and Oilseed Review: Canola finds a positive note

U.S. soy, corn tack on gains as wheat falls back

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures turned around on Thursday close higher despite a lack of support. There were small upticks in the Chicago soy complex and Malaysian palm oil, while European rapeseed stepped back. Moderate declines in crude oil put pressure on the vegetable oils. An analyst said […] Read more



ICE Canola Midday: Looking to turn positive

Despite absence of support

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were attempting to shed their losses on Thursday morning, despite little support from comparable oils. An analyst said canola has been dropping back this week due to increased yield expectations for this year and China’s tariffs on Canadian canola seed and […] Read more

Global Markets: Trump appeals tariff ruling

Federal court ruled president exceeded his authority

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   As expected, the Trump administration put in motion on Wednesday its appeal of many of its tariffs to the United States Supreme Court. Last week, the Federal Court of Appeal […] Read more


ICE canola continues lower Thursday morning

Glacier FarmMedia — ICE canola futures were weaker Thursday morning, seeing a continuation of Wednesday’s selloff to post fresh five-month lows. Seasonal harvest pressure amid a lack of significant weather concerns contributed to the softer tone. Manitoba Agriculture reported 10 per cent of the province’s canola was harvested as of Sept. 3, with average yields […] Read more