ICE Canada Morning Comment: Canola trying to stay positive

Oilseed stepping away from larger gains

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were clinging on to small gains on Wednesday morning, fading from larger increases after Chicago soybeans and soyoil started the day on the downside. Losses in European rapeseed and Malaysian palm oil added more pressure on to canola. Gains in crude oil […] Read more




Canadian Financial Close: C$ unchanged Tuesday

Glacier FarmMedia — Canadian dollar was held steady near eight-month highs relative to its United States counterpart on Tuesday, lacking any clear direction. The Canadian dollar settled at US$0.7308 or US$1=C$1.3684, which was unchanged with Monday’s close. There were no significant Canadian economic releases, with U.S. inflation data due out on Wednesday. Talks between China […] Read more








ICE Midday: Canola advancing on crude, soyoil

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was in positive territory on Tuesday, gaining support from crude oil and Chicago soyoil. An analyst said new sanctions of Russia’s oil fleet are raising the price of crude, while Chicago soyoil was moving up. However, European rapeseed and Malaysian palm oil were lower. The […] Read more

Global Markets: U.S. crop ratings improve

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States corn crop was 97 per cent as of June 8, on track with the five-year average, according to the U.S. Department of Agriculture. Emergence was at 90 per cent, two points above […] Read more