Global Markets: Trump doubles steel tariff

India extends duty-free yellow peas

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   United States President Donald Trump said late Friday that he will double the country’s tariff on steel imports to 50 per cent. Reports said Canada supplies almost of 25 per cent […] Read more

ICE canola retreats as loonie strengthens

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market exited the weekend in negative territory partly due to a stronger Canadian dollar. The loonie was up three-tenths of a United States cent compared to Friday’s close, approaching the 73-cent mark. Chicago soyoil and Malaysian palm oil were down while European rapeseed was up. However, crude […] Read more


Canadian Dollar and Business Outlook: Loonie just short of 73 U.S. cents

Crude oil jumps, greenback lower

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Monday morning as its United States counterpart slid back. As of 8:37 am CDT, the loonie was at US$0.7298 or US$1=C$1.3702 compared to Friday’s close of US$0.7268 or US$1=C$1.3758. On the U.S. Dollar Index, the greenback dropped 0.414 of a point at […] Read more






North American Grain and Oilseed Review: Weakness in soy pulls down canola

U.S. soy down due to unclear biofuel policies

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm –Intercontinental Exchange canola futures closed lower on Friday, due to pressure from the Chicago soy complex, especially sharp losses in soyoil. Additional pressure came for declines in Malaysian palm oil, while European rapeseed was higher. Crude oil was narrowly mixed, offering little direction to the vegetable oils. […] Read more

ICE Canola Midday: Futures sliding back

Weaker soyoil pulling down canola

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were lower late Friday morning, getting pressure from sharp declines in Chicago soyoil. An analyst said uncertainty over United States biofuel policies is driving down soyoil futures, with the spillover pulling down canola. Losses in Chicago soybeans and Malaysian palm oil added […] Read more