Canadian Financial Close: Loonie remains firm

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar was relatively steady on Tuesday, as it fended off a sharp drop in crude oil prices. The loonie finished at US$0.7371 or US$1=C$1.3567 compared to Monday’s close of US$0.7367 or US$1=C$1.3574. On the United States Dollar Index, the greenback dipped 0.261 of a point at 98.670. […] Read more



CBOT review: Grains down, soybeans up following USDA

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were higher on Tuesday, despite losses in crude oil and soyoil. General uncertainty amid the escalating war in Iran led to wide price swings in the futures, as investors calculated what the conflict will mean for the global economy. The United States Department of Agriculture released updated […] Read more

ICE review: Canola falls with crude oil after choppy day

Reading Time: < 1 minute The ICE Futures canola market traded within a wide range Tuesday, settling with losses as sharp declines in crude oil weighed on values. Crude oil was pressured by comments from United States President Donald Trump claiming the war in Iran could end soon. Chicago soyoil, European rapeseed and Malaysian palm oil futures were weaker as […] Read more





ICE canola weakens in choppy trade

Reading Time: < 1 minute WINNIPEG–ICE Futures canola contracts were mostly lower at midday Tuesday, although activity was choppy as market participants remained focused on the ongoing conflict in the Middle East. Crude oil was pressured by comments from United States President Donald Trump claiming the war in Iran could end soon. Chicago soyoil, European rapeseed and Malaysian palm oil […] Read more

Global Markets: Mideast war news keeps markets on edge

Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices were weaker Tuesday morning, continuing to back away from the three-year highs hit early Monday as investors reacted to the latest comments from United States President Donald Trump claiming the war in the Middle East […] Read more


ICE canola up amid mixed sentiment

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Tuesday morning amid mixed sentiment in the comparable oils. Crude oil was lower as the G7 considers releasing up to 400 million barrels from strategic reserves, and on comments from U.S. President Donald Trump that the Middle East war may soon be […] Read more

Canadian Dollar and Business Outlook: Loonie holding firm

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar was virtually unchanged on Tuesday morning, as losses in its United States counterpart were balanced off by lower crude oil prices. As of 8:38 am CDT, the Canadian dollar was at US$0.7368 or US$1=C$1.3572 compared to Monday’s close of US$0.7367 or US$1=C$1.3574. On the United States […] Read more