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Canadian Financial Close: Loonie up, crude oil, gold surge

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar ended the week on a high note, gaining nearly one United States cent during that time.          On Friday, the loonie settled at US$0.7282 or US$1=C$1.3732, compared to US$0.7247 or US$1=C$1.3798 on Thursday. On Jan. 16, the Bank of Canada’s closing exchange rate was US$0.7188 or US$1=C$1.3912.      The […] Read more

North American Grain and Oilseed Review:Canola finds traction

Storm, export sales produce gains in Chicago

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed out Friday on a positive note after bouncing either side of unchanged. Canola continued to ride the market’s generally positive attitude toward last week’s Canada-China agreement on reducing tariffs. There was also spillover from gains in MATIF rapeseed and the Chicago soy complex. However, […] Read more



ICE Canola Midday: Trying to stay positive

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures were struggling to hang on to their gains on the Intercontinental Exchange in choppy trading late Friday morning. This was despite support from increases in the Chicago soy complex and MATIF rapeseed. While Malaysian palm oil closed lower on Friday, a strong upswing in crude oil spilled […] Read more


ICE canola posting small gains Friday morning

Reading Time: < 1 minute WINNIPEG–ICE canola futures posting small gains Friday morning, continuing their steady uptrend. Gains in Chicago soyoil provided spillover support, with that market at its highest levels in five months. Soybeans and European rapeseed futures were also higher, although Malaysian palm oil was lower. Canada exported 288,200 tonnes of canola during the week ended Jan. 18, […] Read more

Global Markets: Retail sales improve in November

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. November retail sales were up 1.3 per cent at C$70.4 billion, Statistics Canada reported on Friday. There were gains in eight of the nine subsectors tracked, with food and beverages retailers leading the […] Read more





Canadian Financial Close: Loonie higher, crude oil drops

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar continued to rise on Thursday due to its weaker United States counterpart.          The loonie settled at US$0.7247 or US$1=C$1.3798, compared to US$0.7239 or US$1=C$1.3814 on Wednesday. The U.S. Dollar Index was down 0.43 of a point at 98.33.      Crude oil prices were down as geopolitical tensions involving […] Read more