Markets

Glacier FarmMedia MarketsFarm – The Canadian dollar stayed relatively steady on Thursday. The loonie closed at US$0.7276 or US$1=C$1.3743 on Thursday, compared to US$0.7279 or US$1=C$1.3739 on Wednesday. Meanwhile, the United States Dollar Index was up 0.03 of a point at 103.22. Crude oil prices continued to rise amidst tensions in the Middle East. West […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market added onto its recovery from Wednesday, but came off its highs late in trading. European rapeseed and Malaysian palm oil showed strong gains while Chicago soyoil was slightly higher. Crude oil was also up amidst tensions in the Middle East. Cooler temperatures continued in the Prairies with […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market added onto its recovery from Wednesday, finding some strength from vegetable oils. European rapeseed and Malaysian palm oil showed strong gains while Chicago soyoil was slightly higher. Crude oil was also up in the middle of trading. Cooler temperatures continued in the Prairies with warmer weather […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger Thursday morning, seeing some follow-through buying interest after Wednesday’s corrective bounce off nearby lows. The November contract was trading just above C$600.00 per tonne in early trade, running into some resistance around that psychological resistance point. Persistent dryness concerns in […] Read more