ICE Canola Midday: Prices weaker due to pressure from soy complex

MacAuley reportedly heading to China

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were weaker at midday Tuesday, getting pressure from sharp losses in the Chicago soy complex. Trading in the Canadian oilseed resumed after Remembrance Day. Chicago soybeans and soyoil were down hard while soymeal clung to small increases. Additional pressure came from declines in […] Read more



Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning as activity picked up after Remembrance Day. Canadian municipalities issued C$13.0 billion worth of building permits in September, which was up by 11.5 per cent from the previous month and the second-highest level since the start of the new series in January 2017, […] Read more


Global Markets: Postal strike looming

CUPW issues strike notice

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The Canadian Union of Postal Workers issued a 72-hour strike notice on Tuesday. That means Canada could be hit with a postal strike as early as Friday. Reports said the CUPW […] Read more

ICE canola tumbles on Tuesday

The ICE Futures canola market fell back on Tuesday morning after hitting a three-month high on Friday, as activity resumed following the Remembrance Day long weekend. Chicago soyoil and Malaysian palm oil saw heavy declines, while European rapeseed was mixed. However, crude oil was higher after retreating on Monday due to weak Chinese demand and […] Read more