North American Grain/Oilseed Review: Solid gains for oilseeds, grains

Reading Time: 2 minutes Glacier FarmMedia -– Canola futures on the Intercontinental Exchange were supported by rising crude oil prices after the United States and European Union imposed new sanctions on Russian oil and gas.      As a result, crude oil gained approximately US$3 per barrel. Chicago soyoil and Malaysian palm oil were up while European rapeseed was mostly […] Read more





ICE Midday: Crude oil rally lifts canola

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange received a boost on Thursday. The United States and the European Union imposed new sanctions on Russian oil companies in attempts to bring Russia back to peace talks. As a result, crude oil surged nearly US$3 per barrel, supporting vegetable oils. Chicago soyoil and Malaysian palm […] Read more



Global Markets: Retail sales increase in August

Reading Time: 2 minutes Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Thursday that retail sales increased one per cent at C$70.4 billion in August. StatCan attributed the bump up to gains in the auto sector. Sales at motor vehicle and parts dealers were up […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was steady Thursday morning, showing little movement despite a rally in crude oil.      At 9:00 a.m. CDT the Canadian dollar was trading at US$0.7144 or US$1=C$1.3998 which compares with Wednesday’s close of US$0.7145 or US$1=C$1.3996.      Retail sales in Canada increased 1.0 per cent in August, to C$70.4 […] Read more


ICE Canada Morning Comment: Canola higher on sharp gains in crude oil

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher Thursday morning, building on overnight gains. The increases are a direct result of hikes in crude oil as the Trump administration slapped more sanctions on Russian oil, with the spillover flowing into the vegetable oils. Besides canola, that generated upswings in […] Read more

Canadian financial close: C$ at two-week highs

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was stronger on Wednesday, hitting its highest levels in two weeks relative to its United States counterpart. Optimism over upcoming trade talks between the two countries contributed to the firmer tone in the currency.      The Canadian dollar settled at US$0.7145 or US$1=C$1.3996, which compares with Tuesday’s close of […] Read more