ICE Midday: Canola continues to move upward

Glacier FarmMedia MarketsFarm – The ICE Futures canola market maintained its positive momentum on Wednesday with plenty of support from vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all made gains in the middle of trading. However, crude oil was slightly in the red. One analyst believes November canola could be making a run […] Read more



Canadian dollar and business outlook

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm–The Canadian dollar was slightly firmer Wednesday morning as currency traders await the latest interest rate announcement from the United States Federal Reserve. A rate cut is widely anticipated, with but the size of that reduction remains to be seen. Accompanying statements will also be followed closely for […] Read more


ICE Canada Morning Comment: Canola firmly on upward path

November contract approaching C$600/tonne

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued their upward trend on Wednesday morning, amid speculation the November contract could return to C$600 per tonne. The Canadian oilseed pushed above its 20-day moving average. However, November canola remained well back of other technical resistance levels. Support was spilling over from […] Read more




Canadian Financial Close: C$ steady Tuesday

By Phil Franz-Warkentin   Glacier FarmMedia|MarketsFarm–The Canadian dollar held steady on Tuesday, lacking any clear direction as investors adjusted positions ahead of the latest interest rate announcement from the United States Federal Reserve on Wednesday. The Canadian dollar settled at US$0.7355 or US$1=C$1.3596 on Tuesday, which compares with Monday’s close of US$0.7357 or US$1=C$1.3593. Canada’s […] Read more