ICE Canada Morning Comment: Canola trying to pull away from losses

Canola left out of U.S. biofuel guideline changes

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned narrowly mixed on Friday morning, after coming out of the overnight session with small increases. Canola fell sharply on Thursday after it was excluded from the interim rules on United States biofuel guidelines released the day before. Support for the Canadian oilseed […] Read more



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Trump tariffs would weaken loonie, then U.S. dollar

Canadian government missing in action

With Donald Trump set to become President of the United States on Jan. 20, uncertainty continues to swirl about his threat to impose a 25 per cent tariff on all goods the U.S. imports from Canada and Mexico as early as that Monday. Should Trump press ahead with his levies, the Canadian dollar would be caught up in the collateral damage.



North American grain/oilseed review: Canola falls to three-week lows

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market fell to its lowest levels in three weeks on Thursday, seeing a continuation of Wednesday’s selloff. Increased farmer hedges after recent gains, bearish technical signals and spillover from outside markets contributed to the declines. Canola was not included in interim rules on […] Read more



ICE canola sharply lower at midday Thursday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was sharply lower at midday Thursday, seeing a continuation of Wednesday’s late selloff. Canola was not included in interim rules on biofuel feedstock guidelines from the United States Department of Agriculture, which raised concerns over demand from the U.S. biodiesel sector and […] Read more



Global Markets: Israel-Hamas ceasefire delayed

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Israeli Prime Minister Benjamin Netanyahu accused Hamas of holding up approval of a ceasefire agreement announced on Wednesday, which would release numerous hostages. Netanyahu said Hamas was reneging on certain parts of the agreement to gain […] Read more