Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning. At 9:17 a.m. CDT the Canadian dollar was trading at US$0.7150 or US$1=C$1.3986 which compares with Wednesday’s close of US$0.7159 or US$1=C$1.3964. Canadian manufacturing sales were down 1.4 per cent in March at C$71.9 billion, reported Statistics Canada. Sales were down for […] Read more

ICE canola weakens under crude oil pressure

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market took a tumble on Thursday morning as a potential new deal between the United States and Iran brought down crude oil prices. Crude oil fell by nearly US$2 per barrel and its weakness spilled over into vegetable oils. Chicago soyoil lost nearly three U.S. cents per […] Read more





Canadian Financial Close: C$ steady Wednesday

Glacier FarmMedia — The Canadian dollar held steady on Wednesday, lacking any clear direction. The Canadian dollar settled at US$0.7161 or US$1=C$1.3964, which compares with Tuesday’s close of US$0.7159 or US$1=C$1.3969. The value of building permits issued in Canada fell by 4.1 per cent in March compared to the previous month, coming in at C$549.4 […] Read more

North American grain/oilseed review: Canola mixed Wednesday

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mixed Wednesday, seeing some consolidation after climbing higher on Tuesday. Proposed changes to biofuel policies in the United States remained supportive, but those proposals must still work their way through government approval processes. Speculative profit-taking weighed on the old crop […] Read more





ICE canola mixed at midday Wednesday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was steady to lower at midday Wednesday, with losses in the old crop July contract and a firmer tone in the new crop months. Proposed changes to biofuel policies in the United States sparked Tuesday’s rally that saw canola futures climb to […] Read more

Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer Wednesday morning. At 9:33 a.m. CDT the Canadian dollar was trading at US$0.7160 or US$1=C$1.3966 which compares with Tuesday’s close of US$0.7159 or US$1=C$1.3969. The value of building permits issued in Canada fell by 4.1 per cent in March compared to the previous month, […] Read more