ICE canola weaker in choppy trade

Glacier FarmMedia — The ICE Futures canola market traded to both sides of unchanged Tuesday morning, with the bias pointing lower at midsession as losses in Chicago soyoil spilled over to weigh on prices. Malaysian palm oil was also weaker on the day, although gains in European rapeseed provided some spillover support. Harvest operations were […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding steady Tuesday morning, with positioning ahead of next week’s Bank of Canada interest rate announcement a feature. Expectations are for both Canada’s central bank and the United States Federal Reserve to cut rates in the coming months. At 9:14 a.m. CDT the Canadian dollar was trading at […] Read more


Global Markets: French/Nepali prime ministers resign

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   French Prime Minister François Bayrou submitted his resignation after losing a confidence vote in the country’s parliament. Bayrou is the third head of government in France to be ousted in the past 14 months, leaving President Emmanuel […] Read more

ICE Canada Morning Comment: Canola trying to build momentum

StatCan releases stocks report

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were attempting to push higher on Tuesday morning, attempted to shed its overnight declines. Canola had been driven lower by losses in Chicago soyoil and Malaysian palm oil. Gains in Chicago soybeans and soymeal plus European rapeseed tempered further declines, while increases in […] Read more


Canadian Financial Close: C$ firm Monday

Glacier FarmMedia — The Canadian dollar held firm relative to its United States counterpart on Monday, with positioning ahead of interest rate announcements from the Bank of Canada and U.S. Federal Reserve later in the month behind some of the activity. The Canadian dollar settled at US$0.7238 or US$1=C$1.3816, which compares with Friday’s close of […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. grains: Chicago corn, soybeans and wheat firm ahead of crop estimate

Chicago | Reuters — Chicago corn, soybean and wheat futures ticked up on Monday as traders awaited U.S. government harvest estimates later this week, with shrinking trade expectations on what are still expected to be large crops, according to analysts. A weaker dollar also underpinned grains and soybeans. Chicago Board of Trade most-active December corn […] Read more