ICE canola turning lower at midday Thursday

Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Thursday, backing away from overnight gains. The March contract touched fresh seven-week highs in overnight trade but dipped below unchanged as the North American day session progressed. The return below C$650 per tonne was bearish from a technical standpoint, said an analyst. Chicago soyoil […] Read more

Global Markets: Oil rising amid Iran uncertainty

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices were climbing sharply higher Thursday as United States President Donald Trump renewed threats against Iran over its nuclear program. Trump warned on social media that “the next attack will be far worse!” than those carried […] Read more


ICE canola lifted by crude, vegetable oils

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Thursday morning, receiving plenty of support. Crude oil was on the rise after a United States aircraft carrier was sent to the Middle East amid increased tensions between the U.S. and Iran. Chicago soyoil, European rapeseed and Malaysian palm oil were also higher. […] Read more



Photo: Geralyn Wichers

U.S. livestock: Cattle futures gain, hogs fall back

Chicago cattle futures made gains on Wednesday while hogs fell back. Most-active April live cattle closed at 238.725 cents a pound, up 1.325 cents. June contracts settled at 234.450 cents per pound, a gain of 1.200 cents. Most-traded March feeder cattle contracts gained 3.850 cents to settle at 365.850 cents per pound. April contracts closed […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Chicago grains and oilseeds rise on recent dollar weakness, biofuel optimism

Chicago | Reuters – Chicago grain and soybean futures climbed on Wednesday after the dollar’s weakening to a four-year low made U.S. crops more attractive for overseas buyers. Grain markets were also monitoring the impact of a winter storm on U.S. wheat fields and agricultural supply chains, while assessing comments by U.S. President Donald Trump […] Read more