Canadian Financial Close: Markets in positive territory

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was higher on Wednesday as crude oil prices continued to rise.      The loonie closed at US$0.7319 or US$1=C$1.3664, compared to US$0.7308 or US$1=C$1.3684 on Tuesday. The United States Dollar Index shed 0.26 of a point at 98.79.      Crude oil ended the day higher after Iran denied a […] Read more



U.S. Grain/Oilseed Review: Uncertainty leads to losses

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade eased back on Wednesday, due to market uncertainty being generated by the Middle East war. However, Chicago soyoil climbed higher as crude oil turned narrowly mixed after shedding its earlier losses. Ahead of the weekly export sales report from the United States Department of Agriculture on Thursday, […] Read more

ICE Closing Review: Canola overcomes choppy trading

U.S. biodiesel policy to bolster canola - trader

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed higher on Wednesday, after a bout of choppy trading. Canola increased as Chicago soyoil found traction later in today’s session. However, declines in MATIF rapeseed and Malaysian palm oil capped the upside in the Canadian oilseed. Crude oil was trading steady to lower, after […] Read more



Global Markets: The latest on the Middle East war

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump announced on Tuesday that the U.S. Navy will now escort oil tankers through the Strait of Hormuz and the U.S. will provide war insurance. Traffic through the narrow […] Read more



ICE canola consolidating in narrow range Wednesday morning

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were narrowly mixed Wednesday morning, seeing some consolidation after climbing higher earlier in the week. Energy markets were also stabilizing on Wednesday after their initial bullish reaction to the escalating conflict in the Middle East. Chicago soyoil, European rapeseed and Malaysian palm oil futures were mostly lower Wednesday […] Read more