Global Markets: Canada’s inflation rate eases off

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported Tuesday that the country’s inflation rate declined to 1.7 per cent in April, largely due to lower crude oil prices and by eliminating the consumer carbon tax. While gasoline prices dropped 18.1 […] Read more

ICE Canada Morning Comment: New crop canola pulls back

Mixed support from comparable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned mostly lower on Tuesday morning following the long weekend. While there were gains in the old crop July contract, the new crop positions eased back. Pressure on canola came from declines in Chicago soybeans and soyoil, while support was derived from gains […] Read more








ICE canola correcting higher

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, taking back some of Thursday’s losses amid ideas the selloff was overdone. The old crop July contract was back above C$700 per tonne, which was supportive from a technical standpoint. “Canola is on sale,” said an analyst, […] Read more

Global Markets: MacDonald seeks meeting with Rollins

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Heath MacDonald, Canada’s newly-appointed federal agricultural minister, said in an interview on Thursday his priorities were to resolve trade issues with the United States and China. He added he wants to meet with U.S. Agricultural Secretary […] Read more


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer Friday morning. At 9:07 a.m. CDT the Canadian dollar was trading at US$0.7161 or US$1=C$1.3965 which compares with Thursday’s close of US$0.7151 or US$1=C$1.3985. Canadian investors acquired C$15.6 billion of foreign securities in March while foreign investors reduced their holdings of Canadian securities by […] Read more

ICE canola building back up

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made gains on Friday morning, recovering some of Thursday’s losses. Those declines were triggered by uncertainty over biodiesel mandates in the United States. European rapeseed was up, while Chicago soyoil and Malaysian palm oil continued to decline. Just like canola, crude oil was in recovery mode […] Read more