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ICE Canola Midday: Good spillover support from soybeans, soyoil

Uncertainty over Chinese import volumes

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on late Wednesday morning, gleaning spillover from upswings in Chicago soybeans and soyoil. Additional support came from increases in MATIF rapeseed and Malaysian palm oil. Meanwhile, crude oil was relatively steady, providing little direction to the vegetable oils. The Canada-China trade […] Read more



Global Markets: Trump says Canada, Carney not grateful

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As United States President Donald Trump spoke at the World Economic Forum at Davos, Switzerland, on Wednesday, he repeated his demand that Greenland be turned over to the U.S. Also, Trump accused Canada […] Read more

Canadian Dollar and Business Outlook: Loonie up, gold breaks another record

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar continued to rally on Wednesday as its United States counterpart weakened.      The loonie was at US$0.7248 or US$1=C$1.3797 as of 8:36 a.m. CST, compared to Tuesday’s close at US$0.7231 or US$1=C$1.3829.      The U.S. Dollar Index dipped 0.12 of a point at 98.52.      Crude oil prices were […] Read more


ICE canola stronger Wednesday morning

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were stronger Wednesday morning, finding spillover support from gains in outside markets. The Chicago soy complex, European rapeseed and Malaysian palm oil futures were higher. The reduction of Chinese tariffs on Canadian canola announced last week remained supportive. March canola was trading above most of its major moving averages, […] Read more

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U.S. grains: Chicago soybeans dip in choppy trading as Greenland dispute and global supply weigh 

Reading Time: 2 minutes Chicago | Reuters – Chicago corn and soybeans slipped in choppy trading on Tuesday as tensions between Washington and Europe over Greenland unsettled investors and ample global supply hung over grain markets. A drop in the dollar and signs of brisk international demand, however, lent some support to Chicago prices as trading resumed after a […] Read more


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U.S. livestock: Cattle rally after screwworm scare

Reading Time: < 1 minute Chicago cattle made modest gains on Tuesday while lean hogs ended mixed to start a shortened trading week. Most-active April live cattle closed at 234.575 cents a pound, up 0.600 cents. February live cattle settled at 232.375 cents per pound, up 0.225 cents. Most-traded March feeder cattle contracts gained 1.225 cents to close at 357.675 […] Read more

Canadian Financial Close: Loonie higher, Greenland threats weaken markets

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar moved higher on Tuesday as its United States counterpart fell back.          The loonie settled at US$0.7231 or US$1=C$1.3829, compared to US$0.7210 or US$1=C$1.3870 on Monday. The U.S. Dollar Index dropped 0.81 of a point at 98.59.      Nearby crude oil prices were mixed after a fire broke out […] Read more



North American Grain and Oilseed Review:Old crop canola can’t retain gains

Greenland issue weighs on U.S. values

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures incurred losses in the old crop contracts on Tuesday, fading from earlier increases. The new crop positions hung on to modest gains. Upticks in Chicago soyoil evaporated as well, closing with small losses as did soybeans. Increases in Malaysian palm oil, MATIF rapeseed, Chicago soymeal […] Read more