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Canadian Financial Close: Loonie higher, crude oil steady

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar closed above the 72 United States cent mark for the first time in five days.          The loonie settled at US$0.7210 or US$1=C$1.3870, compared to US$0.7188 or US$1=C$1.3913 on Friday. Statistics Canada reported today that Canada’s annual inflation rate increased to 2.4 per cent, exceeding analysts’ expectations of it […] Read more



North American Grain and Oilseed Review:Modest gains in most canola contracts

No trading today in Chicago

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier FarmMedia – Intercontinental Exchange canola futures closed mostly higher on Monday, but the March contract dipped lower in choppy trading. Trading volumes were less than normal as the United States markets were closed for Martin Luther King Jr. Day. Support for canola continued to come from Friday’s Canada-China trade deal […] Read more

ICE Canola Midday: Still on the rise

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher, but trading had been to both sides of unchanged in thin and choppy activity. United States markets were closed today for Martin Luther King Jr. Day, limiting the volume in canola Increases in Malaysian palm oil were lending support […] Read more



Global Markets: Inflation climbs in December

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Inflation in Canada during December bumped up to an annualized rate of 2.4 per cent, Statistics Canada reported on Monday. That’s a slight increase from 2.2 per cent in November and where analysts […] Read more


ICE canola continues higher to start week

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were stronger Monday morning after moving to both sides of unchanged in overnight activity. The trade deal with China announced Friday and expectations for a resumption of canola exports to the country remained supportive to start the week. Chinese tariffs on Canadian canola seed will drop from 75.8 per […] Read more

Canadian Dollar and Business Outlook: Loonie, inflation higher

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar surpassed the 72 United States cent mark on Monday morning after the release of new data from Statistics Canada.      The loonie was at US$0.7201 or US$1=C$1.3887 as of 8:33 a.m. CST, compared to Friday’s close at US$0.7188 or US$1=C$1.3913.      StatCan reported that the country’s annual inflation rate […] Read more


Canadian financial close: C$ weakens Friday

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was weaker relative to its United States counterpart on Friday The Canadian dollar settled at US$0.7188 or US$1=C$1.3913, which compares with Thursday’s close of US$0.7195 or US$1=C$1.3899. Canada and China reached a preliminary deal that will see China lower its tariffs on Canadian products, including canola, in exchange for […] Read more