ICE canola rising at midday Tuesday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Tuesday, seeing a continued correction higher amid oversold conditions. Cash basis levels in the countryside and the ports have improved lately, which an analyst saw as a sign that recent weakness in the futures was tied more to speculative […] Read more




ICE Canada Morning Comment: Canola gaining strength

Canada takes Chinese tariffs to WTO

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Tuesday morning, turning around after likely being oversold from a series of declines. Any attempt for Canada and China to reach a solution to the latter’s tariffs on canola meal and oil imports has been put on hold until after […] Read more



Canadian Financial Close: Loonie up, TSX surges

The Canadian dollar moved closer to 70 United States cents on Monday, the day after the next federal election was called. The loonie closed at US$0.6984 or US$1=C$1.4318 on Monday, higher than US$0.6970 or US$1=C$1.4348. On Sunday, Prime Minister Mark Carney called a snap federal election to be held on April 28. The United States […] Read more