North American Grain and Oilseed Review: Canola rally extends to third day

U.S. soybeans, wheat pull back as corn bumps up

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Wednesday for the third consecutive day. So far this week, canola has reclaimed nearly C$24 of the C$84.50 per tonne the May contract lost last week. A trader said that sharp drop in canola was overdone, but he suggested […] Read more


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