ICE Midday: Canola given a boost by comparable oils

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made small gains in the middle of trading on Monday to go with mostly positive movement in comparable oils. Chicago soyoil and European rapeseed were higher, while Malaysian palm oil was down. Crude oil was also up, hitting its highest prices since October 2024. One analyst […] Read more


ICE canola rising early Monday

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Monday morning, taking some direction from the Chicago soy complex. Soybeans and soyoil were both higher to start the week, with European rapeseed and Malaysian palm oil also up in overnight trade. Chart-based positioning contributed to the gains in […] Read more

Global Markets: PM Trudeau to resign: sources

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau called a news conference for 9:45 a.m. CST on Monday to discuss his political future, at which many believe he will announce his resignation. Trudeau has been under pressure from numerous […] Read more


Canadian Dollar and Business Outlook: Loonie climbs higher

Weaker greenback, Trudeau news conference underpinning dollar

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Monday as its United States counterpart dropped. As of 8:37 am CST, the loonie was at US$0.6975 or US$1=C$1.4333 compared to Friday’s close of US$0.6924 or US$1=C$1.4418. On the U.S. Dollar Index, the greenback gave up 0.643 of a point at 108.160. […] Read more



Canadian Financial Close: Loonie loses ground

Glacier FarmMedia | MarketsFarm – The Canadian dollar eased off to end the week. The loonie closed at US$0.6924 or US$1=C$1.4442 on Friday, down from US$0.6936 or US$1=C$1.4418 on Thursday and hitting another new multi-year low. However, the United States Dollar Index retreated 0.47 of a point at 108.93. Crude oil continued to move higher […] Read more

North American Grain and Oilseed Review: Declines in soy, rapeseed weaken canola

At Chicago everything is in red

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Friday, pulled down by significant losses in the Chicago soy complex and European rapeseed. However, upticks in Malaysian palm oil tried to temper further declines. Modest increases in crude oil spilled over into the vegetable oils. An analyst suggested […] Read more