Canadian Dollar and Business Outlook: Loonie, crude oil in opposite directions

Glacier FarmMedia – The Canadian dollar was slightly lower on Thursday morning, despite increases in crude oil.      The loonie was at US$0.7118 or US$1=C$1.4049 as of 8:36 a.m. CST, compared to Wednesday’s close at US$0.7123 or US$1=C$1.4040.      The United States Dollar Index was down 0.07 of a point at 100.15.      Crude oil prices […] Read more

ICE canola rising Thursday morning

Glacier FarmMedia — ICE canola futures were posting small gains Thursday morning, taking back some of Wednesday’s losses as speculators adjusted positions. Advances in Chicago soybeans provided spillover support, although soyoil was softer. Outside markets were also mixed, with gains in European rapeseed and a weaker tone in Malaysian palm oil. Canola futures remained relatively […] Read more


Photo: Geralyn Wichers

U.S. livestock: Cattle futures slide under pressure from weak cash prices

Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled under pressure from weakness in the cash market on Wednesday, traders said. Lean hog futures rebounded after sliding on Tuesday to their lowest level in about seven months. In the cash market, cattle traded at mostly $228 per hundredweight in southern […] Read more




Canadian Financial Close: Loonie, crude oil drop

Glacier FarmMedia – The Canadian dollar took a tumble on Wednesday due to a stronger United States dollar and weaker crude oil prices.      The loonie declined to US$0.7123 or US$1=C$1.4040, compared to US$0.7144 or US$1=C$1.3997 on Tuesday.      The United States Dollar Index was up 0.65 of a point at 100.20. The U.S. Labor […] Read more


North American Grain and Oilseed Review: Canola turns weaker

Losses across the board in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures fell back on Wednesday, getting pressured by profit-taking and declines in comparable oils. The Chicago soy complex was down hard while losses in MATIF rapeseed and Malaysian palm oil were more moderate. A downturn in crude oil was also felt in the vegetable […] Read more

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CBOT weekly: Soybeans watching export news

Soybean futures at the Chicago Board of Trade climbed to their highest levels in a year-and-a-half on Nov. 18, as optimism over increasing sales to China provided support. However, more business will be needed to sustain the upward move, with traders uncertain whether the stated targets will be reached.