Canadian Dollar and Business Outlook: Loonie takes a dip

Increase in U.S. greenback adds more pressure

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar eased back on Monday morning amid ongoing turmoil surrounding Prime Minister Justin Trudeau’s leadership. As of 8:44 am CST, the loonie was at US$0.6932 or US$1=C$1.4433 compared to Friday’s close of US$0.6937 or US$1=C$1.4416. On the U.S. Dollar Index, the greenback gained 0.328 of a […] Read more

ICE Canada Morning Comment: Canola rises in light activity

Light holiday trading

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pushed higher in light holiday trading on Monday morning, as they received support from gains in the Chicago soy complex. However, declines in Malaysian palm oil and most European rapeseed contracts stymied further increases in canola. Meanwhile, modest upticks in crude oil underpinned […] Read more








Canadian Financial Close: Trudeau at heart of loonie’s losses

Slight movements n greenback, crude oil underpin loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped on Friday due to ongoing concerns about Prime Minister Justin Trudeau’s leadership. Trading in the loonie resumed today following Christmas and Boxing Day. The loonie closed Friday at US$0.6937 or US$1=1.4416, compared to Tuesday’s finish of US$0.6951 or US$1=1.4386. On the U.S. […] Read more



North American Grain and Oilseed Review: Canola can’t sustain gains

U.S. wheat, corn edge higher, as soybeans fall

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – As the trading of canola futures on the Intercontinental Exchange resumed following Christmas and Boxing Day, they failed to hang to their late session increases on Friday with most contracts closing to the downside. Pressure on the Canadian oilseed came from losses in Chicago soybeans and […] Read more

ICE Canola Midday: Oilseed trying to recover

StatCan reports stronger November crush

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mostly lower by late Friday morning, as trading resumed following Christmas and Boxing Day. However, those declines were softer than those in the overnight session. Pressure on the Canadian oilseed came from losses in Chicago soybeans and soymeal as well as in […] Read more