Canadian Financial Close: More losses for loonie

By Glen Hallick Glacier FarmMedia – The Canadian dollar fell nearly two-tenths of a cent on Wednesday, with pressure coming from an increase in the United States dollar and declines in crude oil. The loonie closed at US$0.7234 or US$1=C$1.3823 compared to Tuesday’s finish of US$0.7252 or US$1=C$1.3789. On the U.S. Dollar Index, the greenback […] Read more






North American grain/oilseed review: Canola at three-week highs

     Glacier FarmMedia — The ICE Futures canola market settled at its highest levels in three weeks on Wednesday. Trade is expected to be a major topic when Canadian Prime Minister Mark Carney visits China next week, Jan. 13-17. Chinese tariffs have limited Canadian canola exports during the current marketing year, and optimism over possible […] Read more



ICE canola rising at midday Wednesday

Glacier FarmMedia — ICE Futures canola contracts were higher at midday Wednesday, continuing the uptrend of the past week. Canadian Prime Minister Mark Carney will visit China Jan. 13-17, his office said Wednesday. Trade is expected to be a major topic of discussion. Stiff Chinese tariffs have limited Canadian canola exports during the current marketing […] Read more




ICE canola maintains positive momentum

Glacier FarmMedia – Canola futures on the Intercontinental Exchange extended their respective rallies on Wednesday morning, with the March and May contracts exceeding their 20-day averages. Canadian Prime Minister Mark Carney will visit China next week where agriculture will be one of the topics discussed. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. […] Read more