ICE Canola Midday: Looking to turn positive

Despite absence of support

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were attempting to shed their losses on Thursday morning, despite little support from comparable oils. An analyst said canola has been dropping back this week due to increased yield expectations for this year and China’s tariffs on Canadian canola seed and […] Read more

Global Markets: Trump appeals tariff ruling

Federal court ruled president exceeded his authority

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   As expected, the Trump administration put in motion on Wednesday its appeal of many of its tariffs to the United States Supreme Court. Last week, the Federal Court of Appeal […] Read more


ICE canola continues lower Thursday morning

Glacier FarmMedia — ICE canola futures were weaker Thursday morning, seeing a continuation of Wednesday’s selloff to post fresh five-month lows. Seasonal harvest pressure amid a lack of significant weather concerns contributed to the softer tone. Manitoba Agriculture reported 10 per cent of the province’s canola was harvested as of Sept. 3, with average yields […] Read more






Canadian Financial Close: New highs for TSX, gold

The Canadian dollar was relatively steady on Wednesday. The loonie closed at US$0.7250 or US$1=C$1.3794, compared to US$0.7252 or US$1=C$1.3789 on Tuesday. The United States Dollar Index was down 0.24 of a point at 98.15. Crude oil prices fell on Wednesday after reports suggested OPEC+ could decide at its meeting on Sunday to raise output […] Read more




North American Grain and Oilseed Review: Weakness in canola

A red day in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures sharply lower on Wednesday as part of the weakness in North American oilseeds. A trader said there’s little for canola or the Chicago soy complex to build on with China not being an overly active export buyer. The trader added that November canola […] Read more