ICE canola lower despite oil strength

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange declined on Thursday morning, despite rising crude and vegetable oil prices. Chicago soyoil, European rapeseed and Malaysian palm oil were up. Crude oil was on the rise due to concerns over an increasing United States military presence in the Middle East. Also, peace talks between Russia […] Read more



Canadian Financial Close: U.S. dollar pushes loonie lower

Surge crude can't completely counter greenback

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar gave up a little more than a tenth of a cent on Wednesday, due to a stronger United States dollar, but a significant upswing in crude oil tempered the losses. The loonie finished at US$0.7311 or US$1=C$1.3678 compared to Tuesday’s close of US$0.7323 or US$1=C$1.3656. On […] Read more



The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. grains: Soybeans steady, grains higher

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were narrowly mixed at the Wednesday’s close, holding near three-month highs. WHEAT futures corrected higher amid ideas recent losses were overdone. CORN futures were up in sympathy with wheat, with positioning ahead of the U.S. Department of Agriculture’s Ag Outlook Forum a feature.



ICE review: Canola hits six-month highs

Reading Time: < 1 minute      Glacier FarmMedia — The ICE Futures canola market climbed to its highest levels in six months on Wednesday, as a rally in Chicago soyoil and bullish chart signals provided support. The May contract moved above psychological chart resistance at C$680 per tonne, encouraging additional speculative buying as fund traders moved to the long side […] Read more



ICE canola rising with soyoil

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were posting solid gains at midday Wednesday, finding spillover support from a rally in Chicago soyoil. Soyoil remained supported by crush data released Tuesday that showed oilseed processors in the United States crushed 221.564 million bushels of soybeans in January — a new record for the month. The […] Read more