Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Monday morning. Support from gains in equity and metal markets was countered by weakness in crude oil.      At 9:01 a.m. CDT the Canadian dollar was trading at US$0.7123 or US$1=C$1.4039 which compares with Friday’s close of US$0.7125 or US$1=C$1.4035.      Canada’s Industrial Product Price Index […] Read more

ICE Canada Morning Comment: Canola swings upward

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, turning around from Friday’s losses. Support for canola came from gains in MATIF rapeseed as well as Chicago soybeans and soymeal, but soyoil was virtually unchanged. Declines in crude oil put pressure on the vegetable oils. The palm […] Read more


Cattle on a feedlot. PHOTO: FILE

U.S. livestock: Cattle fall sharply as Trump says he’s working to lower beef costs

Reading Time: < 1 minute Chicago cattle futures fell sharply on Friday after U.S. President Donald Trump said his administration was working to lower the cost of beef. “We are working on beef, and I think we have a deal on beef,” Trump told reporters at the White House on Thursday. “No specifics were released on any plan, though the market is taking a […] Read more

Canadian Financial Close: C$ firm Friday, but still down on week

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday but was still down on a weekly basis for the fourth week in a row.      The Canadian dollar settled at US$0.7125 or US$1=C$1.4035, which compares with Thursday’s close of US$0.7118 or US$1=C$1.4048.      The continued shutdown of the U.S. government and resulting lack […] Read more





North American grain/oilseed review: Canola weaker at Friday’s close

Reading Time: 2 minutes Glacier FarmMedia — ICE canola futures traded to both sides of unchanged on Friday but failed to hold onto earlier gains and settled with small losses. Trade talks between Canadian foreign minister Anita Anand and her Chinese counterpart brought renewed optimism that a resolution to the countries’ tariff dispute could be reached. However, an actual […] Read more



ICE canola firm at midday Friday

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was stronger at midday Friday, finding some direction from gains in Chicago soyoil. Trade talks between Canadian foreign minister Anita Anand and her Chinese counterpart brought renewed optimism that a resolution to the countries’ tariff dispute could be reached and contributed to the gains in canola. However, […] Read more