ICE Canada Morning Comment: Canola resumes its upward climb

Smaller supplies underpin oilseed's values

Intercontinental Exchange canola futures were higher on Friday morning as tighter canola supplies continued to underpin the Canadian oilseed. The Canadian Grain Commission reported for the week ended Dec. 8 that year-to-date canola exports hit 4.03 million tonnes, almost 88 per cent more than a year ago. Domestic use reached 4.17 million tonnes, up more […] Read more




Canadian Financial Close: C$ at fresh multi-year low

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker on Thursday, hitting a fresh four-and-a-half-year low relative to its United States counterpart.The Canadian dollar settled at US$0.7048 or US$1=C$1.4188 on Thursday, which compares with Wednesday’s close of US$0.7065 or US$1=C$1.4154. Stronger than expected inflation data out of the U.S. heightened expectations for widening interest […] Read more





ICE Midday: Canola climbing slowly

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was slightly higher on Thursday, receiving support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. However, crude oil was down after OPEC+ cut its 2025 world demand forecast. The Canadian dollar was down more than one-tenth of a United […] Read more

Canadian dollar and business outlook

By MarketsFarm   Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer Thursday morning, a day after the Bank of Canada cut interest rates by 50 basis points. At 9:24 a.m. CST the Canadian dollar was trading at US$0.7050 or US$1=C$1.4184 which compares with Wednesday’s close of US$0.7065 or US$1=C$1.4154. The total value of […] Read more


Global Markets: Ford threatens to cut power to U.S.

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Ontario Premier Doug Ford told reporters at Queen’s Park on Wednesday that if United States President-elect Donald Trump followed through on imposing tariffs on Canadian imports, the province will cut off energy to the U.S. […] Read more

ICE Canada Morning Comment: Canola losing grip on increases

Little support to underpin values

By Glen Hallick Glacier Farm Media MarketsFarm – Overnight increases in Intercontinental Exchange canola futures were fading on Thursday morning due to a lack of support from comparable oils. While gains in Malaysian palm oil spilled over into canola, there were declines in the Chicago soy complex and European rapeseed was mixed. Crude oil eased […] Read more