Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Thursday morning, pressured by relatively solid economic data out of the United States. Initial jobless claims in the U.S. dipped to their lowest level since May in the latest report, coming in at 217,000. Meanwhile, the country’s producer price index was up by 0.2 per […] Read more

ICE canola moving higher with comparable oils

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market found some strength on Thursday morning, finding support from comparable oils. Chicago soyoil and European rapeseed were on the rise to start the day, while Malaysian palm oil was mostly higher. Crude oil also made gains despite a warning from the International Energy Agency about […] Read more





Canadian Financial Close: C$ falls Wednesday

Glacier FarmMedia | MarketsFarm  — The Canadian dollar was softer on Wednesday, hitting its weakest level in four-and-a- half years relative to its United States counterpart. The Canadian dollar settled at US$0.7153 or US$1=C$1.3980 on Wednesday, which compares with Tuesday’s close of US$0.7172 or US$1=C$1.3944. Solid inflation data out of the U.S., with consumer prices […] Read more




North American Grain and Oilseed Review: More declines for canola

Good weather weighs on CBOT values

Intercontinental Exchange canola futures closed lower on Wednesday, settling off of session lows. An analyst said fund selling along with some farmer selling have been pushing down canola prices. He added farmers at this time are largely cash-adequate, not needing to part with their canola. The analyst also raised concerns about the tariff policies of […] Read more



ICE Canola Midday: Fund selling pulling down prices

Additional pressure from lower veg oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were sharply lower at midday Wednesday amid a selloff “Canola has been diving lower on fund selling and a little bit of farmer selling,” commented analyst Wayne Palmer of Exceed Grain in Winnipeg, noting the farmers are largely cash-adequate at this time. “But […] Read more