ICE canola continues higher to start week

Glacier FarmMedia — ICE canola futures were stronger Monday morning after moving to both sides of unchanged in overnight activity. The trade deal with China announced Friday and expectations for a resumption of canola exports to the country remained supportive to start the week. Chinese tariffs on Canadian canola seed will drop from 75.8 per […] Read more



Canadian financial close: C$ weakens Friday

Glacier FarmMedia — The Canadian dollar was weaker relative to its United States counterpart on Friday The Canadian dollar settled at US$0.7188 or US$1=C$1.3913, which compares with Thursday’s close of US$0.7195 or US$1=C$1.3899. Canada and China reached a preliminary deal that will see China lower its tariffs on Canadian products, including canola, in exchange for […] Read more



North American Grain/Oilseed Review: Canola up on new trade deal, positives for U.S. grains, oilseeds

Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher on Friday, hours after Canada and China announced a new trade deal which included the reduction and removal of tariffs on the oilseed. Canadian canola meal and other agricultural products will have their tariffs lifted by March 1, while canola seed will see its […] Read more



ICE Midday: Canola cautiously higher on new trade deal

Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed modest gains on Friday after Canada and China announced a new trade deal this morning. China will eliminate tariffs on Canadian canola meal, lobster, crabs and peas beginning on March 1, while canola seed will see a sharply reduced 15 per cent tariff. There were […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding steady relative to its United States counterpart Friday morning. At 9:18 a.m. CST the Canadian dollar was trading at US$0.7199 or US$1=C$1.3891 which compares with Thursday’s close of US$0.7195 or US$1=C$1.3899. Canada and China reached a preliminary deal that will see China lower its tariffs on Canadian […] Read more


ICE Canada Morning Comment: Tariffs on canola to drop

By Glen Hallick Glacier FarmMedia – Following the trade agreement reached between Canada and China, canola futures on the Intercontinental Exchange were higher on Friday morning. However, the gains stepped back from stronger increases earlier. Reports said the deal includes China cutting its tariffs on Canadian canola seed to 15 per cent come March 1, […] Read more

Global Markets: Canada, China reach new trade deal

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Canada and China reached a “preliminary but landmark” trade deal on Friday, reducing and eliminating tariffs on Canadian products while allowing Chinese electric vehicles into the Canadian market. China will drop canola seed duties to 15 […] Read more