ICE Midday: Canola advancing on crude, soyoil

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was in positive territory on Tuesday, gaining support from crude oil and Chicago soyoil. An analyst said new sanctions of Russia’s oil fleet are raising the price of crude, while Chicago soyoil was moving up. However, European rapeseed and Malaysian palm oil were lower. The […] Read more

Global Markets: U.S. crop ratings improve

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States corn crop was 97 per cent as of June 8, on track with the five-year average, according to the U.S. Department of Agriculture. Emergence was at 90 per cent, two points above […] Read more


Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding steady Tuesday morning, lacking any clear direction as market attention focused on trade talks between the United States and China. At 8:46 a.m. CDT the Canadian dollar was trading at US$0.7307 or US$1=C$1.3686 which compares with Monday’s close of US$0.7308 or US$1=C$1.3684. The World Bank cut its […] Read more

ICE Canada Morning Comment: Canola looking for traction

Mixed support from comparable oils

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were narrowly mixed on Tuesday morning following the lead of comparable oils. Support for canola came from gains in Chicago soybeans and soyoil. However, declines in Malaysian palm oil, European rapeseed and Chicago soymeal kept a lid on further increases in canola. […] Read more





Canadian Financial Close: C$ steady to start week

Glacier FarmMedia — The Canadian dollar was steady on Monday, seeing some consolidation to start the week after touching its strongest levels in eight months relative to its United States counterpart last week. The Canadian dollar settled at US$0.7308 or US$1=C$1.3684, which compares with Friday’s close of US$0.7305 or US$1=C$1.3690. Talks between China and the […] Read more