ICE Canola Midday: Overdone losses fueling increases

Canola more competitive after last week's tumble

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued pushing higher late Wednesday morning, in what could be the third day in a row of increases. A trader said canola regaining some of its lost strength because last week’s tumble after China announced coming tariffs on its canola meal and oil […] Read more

ICE canola posting solid gains for third day

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger for the third session in a row Wednesday morning, as the futures continued to correct off the nearby lows hit last week amid ideas those losses were overdone. End user bargain hunting and chart-based positioning contributed to the gains, […] Read more





Canadian Financial Close: Loonie stays put, inflation up

Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively unchanged on Tuesday after Statistics Canada released new economic data. The loonie ended the day at US$0.6993 or US$1=C$1.4301, compared to US$0.6991 or US$1=C$1.4304 on Monday. StatCan reported Canada’s inflation rate jumped to 2.6 per cent in February, the same month the federal government’s temporary tax […] Read more



North American Grain and Oilseed Review: Canola finds support from soyoil, rapeseed

U.S. soybeans, corn lower, wheat mixed

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures regained a little bit more lost ground on Tuesday, with the largest increases in the old crop contracts. While gains in Chicago soyoil and European rapeseed spilled over into canola, there was pressure from declines in soybeans and soymeal. The Malaysian palm […] Read more

ICE Canola Midday: Hopes for a new bottom

Working on day two of recovery

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued higher late Tuesday morning, working on their second day of gains following last week’s hard losses. Canola was getting support from strong upswings in Chicago soyoil as well more modest increases in soybeans. As Malaysian palm oil remained closed for a holiday, […] Read more



Global Markets: February inflation higher than expected

End of sales tax break spurs increase

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Inflation in Canada climbed to an annualized rate of 2.6 per cent from 1.9 per cent in January, Statistics Canada reported on Tuesday. That exceeded analysts’ predictions of the consumer price […] Read more