ICE Midday: Canola inching upward

Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were moderately higher in the middle of Friday trading. The old crop July contract saw the largest increase as it surpassed the psychological level of C$720 per tonne. Chicago soyoil held firm while Malaysian palm oil was up and European rapeseed was down. Crude oil was slightly higher […] Read more

Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Friday morning, as financial markets reacted to the latest tariff threats out of the United States. At 9:18 a.m. CDT the Canadian dollar was trading at US$0.7264 or US$1=C$1.3767 which compares with Thursday’s close of US$0.7210 or US$1=C$1.3870. Canadian retail sales were up by 0.8 […] Read more



ICE Canada Morning Comment: Canola slipping back

Cumulative canola exports nearly 8.20 million tonnes

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were slightly lower on Friday morning due to pressure from comparable oils. Losses in the Chicago soy complex and European rapeseed weighed on canola values, while upticks in Malaysian palm oil tried to stymie further declines. Crude oil was down moderately, which […] Read more





Canadian Financial Close: C$ softens Thursday

Glacier FarmMedia — The Canadian dollar was slightly weaker on Thursday, as broad strength for the United States dollar internationally weighed on values. Positioning ahead of the June interest rate decision from the Bank of Canada accounted for some of the activity. The Canadian dollar settled at US$0.7210 or US$1=C$1.3870, which compares with Wednesday’s close […] Read more