Canadian Financial Close: Another dip for the loonie

Greenback steady, crude higher

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped a little lower on Wednesday, unable to latch on to support from crude oil. The loonie finished at US$0.7212 or US$1=C$1.3866, compared to Monday’s close of US$0.7219 or US$1=C$1.3852. The United States Dollar Index tacked on 0.026 of a point at 98.145. […] Read more






North American Grain and Oilseed Review: About-face for canola to correct higher

Positive traction for U.S. soybeans, corn, wheat

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gained some traction on Wednesday, correcting higher after two sessions of losses. Good weather across the Prairies has continued to weigh on values. An analyst said the rains in August averted what was likely a below average canola crop. The analyst also […] Read more



ICE Canola Midday: Either side of unchanged

Good weather holding back rally

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were bouncing either side unchanged on Wednesday morning, with a rally quite unlikely said an analyst. The change in weather, away from the dry conditions earlier this summer, has been impacting the futures the analyst said. He forecast the canola harvest to be […] Read more




ICE canola finds positive momentum

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Wednesday as comparable oils were mixed. European rapeseed was up, but Chicago soyoil and Malaysian palm oil were down. Crude oil made gains due to a draw in United States stockpiles and uncertainty over peace talks between Russia and Ukraine. Much of the […] Read more