Canadian financial close: C$ firm Monday

Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart on Monday. The Canadian dollar settled at US$0.7207 or US$1=C$1.3875, which compares with Friday’s close of US$0.7196 or US$1=C$1.3896. Gold climbed to record highs to start the week, rising above US$4,600 per ounce for the first time ever. Currency and […] Read more



North American Grain/Oilseed Review: Canola turns lower with CBOT grains, oilseeds

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange erased earlier gains and ended the session lower on Monday.      Soybean prices on the Chicago Board of Trade were down by double digits after the United States Department of Agriculture raised its ending stock estimates. Global soybean and soyoil ending stock estimates were also higher […] Read more



ICE Midday: Canola regains positive momentum

Glacier FarmMedia – Canola futures on the Intercontinental Exchange resumed their rallies on Monday morning after seeing negative movement on Friday. Chicago soyoil, European rapeseed and Malaysian palm oil were on the rise in the middle of trading. Meanwhile, crude oil traded on both sides of unchanged despite tensions in Iran and Venezuela. The United […] Read more


Global Markets: Carney to visit China

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Canadian Prime Minister Mark Carney will visit China starting Tuesday, becoming the first Canadian PM to travel to China in nearly a decade. Carney will look to improve ties with China and discussions will include trade […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart Monday morning amid broad geopolitical uncertainty and general risk aversion. At 8:46 a.m. CST the Canadian dollar was trading at US$0.7199 or US$1=C$1.3891 which compares with Friday’s close of US$0.7196 or US$1=C$1.3896. Gold climbed to record highs to start the […] Read more


ICE Canada Morning Comment: Canola climbs higher

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, taking their cue from gains in Chicago soybeans and soyoil as well as Malaysian palm oil. The increases were tempered by losses in MATIF rapeseed and Chicago soymeal, while declines in crude oil weighed on the vegetable oils. […] Read more

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U.S. grains: Soybean futures rise on active Chinese buying

Chicago | Reuters – U.S. soybean futures edged higher on Friday on increased Chinese demand for American supplies. Wheat and corn futures finished nearly unchanged as traders adjusted positions in agricultural markets ahead of the release of much-anticipated U.S. Department of Agriculture crop data on Monday. China’s Sinograin bought at least 10 cargoes of U.S. […] Read more