ICE Canada Morning Comment: Canola on the rise

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were posting increases on Friday morning. Support for the Canadian oilseed came from gains in Chicago soybeans and soyoil as well as European rapeseed. That was tempered by declines in Chicago soymeal and Malaysian palm oil. Crude oil was higher, underpinning the vegetable […] Read more




Canadian Financial Close: Loonie inches up

Canadian Financial Close: Loonie inches up By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar increased slightly on Thursday, a support from a weaker United States dollar was overpowered by declines in crude oil. The Canadian dollar closed at US$0.7223 or US$1=C$1.3844 compared to  Wednesday’s close of US$0.7218 or US$1=C$1.3854. Meanwhile, the […] Read more





ICE canola turning higher as day progresses

Glacier FarmMedia — The ICE Futures canola market was posting small gains at midday Thursday, recovering from early losses as oversold price sentiment provided support. Gains in Chicago soyoil and soybeans added to the firmer tone in canola, although European rapeseed was down on the day. While tight old crop supplies remained supportive, the advancing […] Read more



Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning, with expectations for a rate cut from the Bank of Canada next week weighing on the currency. Losses in crude oil added to the softer tone. At 8:41 a.m. CDT the Canadian dollar was trading at US$0.7212 or […] Read more

ICE Canada Morning Comment: Canola slightly lower

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were easing back on Thursday morning, in light of mixed support from comparable oils. There were gains in the Chicago soy complex and Malaysian palm oil but declines in European rapeseed. Crude oil was lower as well, putting pressure on the vegetable oils. […] Read more