ICE Canada Morning Comment: Canola pulls back

March contract remains above 200-day moving average

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Tuesday morning, continuing the losses from the overnight session. Declines in the Chicago soy complex and Malaysian palm oil weighed on canola values while European rapeseed was mixed. Crude oil prices stepped back, putting pressure on the vegetable oils. The […] Read more






Canadian Financial Close: Crude oil jumps, TSX falls

Glacier FarmMedia | MarketsFarm – The Canadian dollar made minimal gains on Monday. The loonie closed at US$0.6939 or US$1=C$1.4411, up from US$0.6934 or US$1=C$1.4422 on Friday. The United States Dollar Index added 0.27 of a point at 109.92. Earlier in the day, the index surpassed the 110-point level for the first time since October 2022. […] Read more



ICE canola holding onto small gains at midday Monday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small gains at midday Monday, although it was lagging the Chicago soy complex to the upside. March canola climbed above its 200-day moving average on Friday and was holding above that key chart point on Monday, which was supportive from […] Read more



Global Markets: Israel/Hamas ceasefire progress made

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   ‘Significant’ progress towards a ceasefire between Israel and Hamas was reportedly made overnight, as mediators from the United States and Arab nations worked on brokering a deal. Each side of the conflict has reportedly received […] Read more