ICE Canada Morning Comment: Canola, soy on the rise ahead of S/D report

Pressure from other comparable oils

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher on Thursday morning, getting spillover from gains in the Chicago soy complex. The increases in canola were tempered by declines in European rapeseed, while Malaysian palm oil was relatively steady. Crude oil was pulling back and putting pressure on the […] Read more



Canadian Financial Close: C$ strengthens Wednesday

Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart on Wednesday as U.S. inflation data failed to live up to expectations and weighed on the country’s currency. The Canadian dollar settled at US$0.7318 or US$1=C$1.3665, which was compares with Tuesday’s close of US$0.7308 or US$1=C$1.3684. The total value of […] Read more







ICE Midday: Canola rising despite veg oil declines

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange made modest gains in the middle of trading on Wednesday despite weakness in vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were in negative territory. However, crude oil gained more than US$1 per barrel after United States President Donald Trump announced a […] Read more



Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was firmer Wednesday morning, with gains in crude oil supportive for the energy-linked currency. At 8:40 a.m. CDT the Canadian dollar was trading at US$0.7316 or US$1=C$1.3669 which compares with Tuesday’s close of US$0.7308 or US$1=C$1.3684. The total value of building permits issued in Canada decreased by 6.6 per […] Read more