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Canadian Financial Close: Loonie, retail sales down

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar ended the week by dipping below 71 United States cents for the first time since Nov. 6.      The loonie dropped to US$0.7092 or US$1=C$1.4100 on Friday, compared to US$0.7102 or US$1=C$1.4080 on Thursday. Statistics Canada reported today that retail sales in September decreased 0.7 per cent at C$69.8 […] Read more


North American Grain and Oilseed Review: Weakness in canola ahead of weekend

Mixed movement in Chicago

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures fell back on Friday, as the recent rally turns into rangebound trading. An analyst said that without any fresh news canola has “no appetite to go higher.” Today’s losses saw the January canola contract slip behind its 20-day moving average, but it remained […] Read more



ICE Canola Midday: ‘Non-descript trade’ weakens prices

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were pulling back mid-morning Friday, in what an analyst called “another day of non-descript trade.” The analyst said the recent rally in canola has turned into sideways trading due to a lack of fresh news, citing “no appetite to go higher.” There’s good […] Read more

Global Markets: Retail sales down in September

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Retail sales in September fell 0.7 per cent at C$69.8 billion, Statistics Canada reported on Friday. Sales at motor vehicle and parts dealers dropped 2.9 per cent in September. However, gas stations and […] Read more


ICE canola falling Friday morning

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Friday morning, falling in sympathy with Chicago soyoil. European rapeseed and Malaysian palm oil were also down in overnight trade, with declines in crude oil behind some of the softness in the world vegetable oil markets. Weekly Canadian canola exports of 284,600 tonnes during the week ended […] Read more

Canadian Dollar and Business Outlook: Loonie, crude oil drop ahead of weekend

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar continued its downturn as the weekend approached.      The loonie was at US$0.7092 or US$1=C$1.4100 as of 8:41 a.m. CST on Friday, compared to Thursday’s close at US$0.7102 or US$1=C$1.4008.      The United States Dollar Index was up 0.07 of a point at 100.22.      Crude oil prices were […] Read more


PHOTO: ALEXIS STOCKFORD

U.S. livestock: ‘Relentless’ fund selling knocks down CME cattle futures

Reading Time: 2 minutes Chicago | Reuters – U.S. cattle futures fell further at the Chicago Mercantile Exchange on Thursday under pressure from fund selling and lower cash prices, traders said. Futures have dropped over the past month after U.S. President Donald Trump said he was working to lower beef prices for consumers, triggering steep selloffs in cattle that […] Read more