ICE Canola Midday: Trying to stay positive

By Glen Hallick Glacier FarmMedia – Canola futures were struggling to hang on to their gains on the Intercontinental Exchange in choppy trading late Friday morning. This was despite support from increases in the Chicago soy complex and MATIF rapeseed. While Malaysian palm oil closed lower on Friday, a strong upswing in crude oil spilled […] Read more

ICE canola posting small gains Friday morning

WINNIPEG–ICE canola futures posting small gains Friday morning, continuing their steady uptrend. Gains in Chicago soyoil provided spillover support, with that market at its highest levels in five months. Soybeans and European rapeseed futures were also higher, although Malaysian palm oil was lower. Canada exported 288,200 tonnes of canola during the week ended Jan. 18, […] Read more


Global Markets: Retail sales improve in November

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. November retail sales were up 1.3 per cent at C$70.4 billion, Statistics Canada reported on Friday. There were gains in eight of the nine subsectors tracked, with food and beverages retailers leading the […] Read more




Canadian Financial Close: Loonie higher, crude oil drops

Glacier FarmMedia – The Canadian dollar continued to rise on Thursday due to its weaker United States counterpart.          The loonie settled at US$0.7247 or US$1=C$1.3798, compared to US$0.7239 or US$1=C$1.3814 on Wednesday. The U.S. Dollar Index was down 0.43 of a point at 98.33.      Crude oil prices were down as geopolitical tensions involving […] Read more



North American Grain and Oilseed Review: Canola’s front months nudge up

Wheat leads CBOT futures higher

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were mixed on Thursday, with small increases in the old crop months and losses in the new crop positions. While gains in Malaysian palm oil, along with Chicago soybeans and soymeal provide support to canola, losses in Chicago soyoil and MATIF rapeseed weighed on values. […] Read more



ICE Canola Midday: Trying to hang on to increases

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mixed on Thursday, struggling to recoup and maintain earlier gains. An analyst said there was, “not too much at play” in the markets on Thursday. An about-face in Chicago soyoil took away a lot of canola’s strength, although soybeans and soymeal remained […] Read more