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Futures

North American Grain/Oilseed Review: Canola, soybeans rise again

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Reading Time: 2 minutes Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher on Thursday amidst mixed sentiment in comparable oils.      Chicago soyoil was steady, European rapeseed was mostly higher and Malaysian palm oil was up. Crude oil lost more than US$1 per barrel on speculation OPEC+ might raise output in November.      An analyst said […] Read more
Futures

ICE Midday: Canola finds strength

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Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher in the middle of Thursday trading amidst mixed sentiment in comparable oils. Chicago soyoil was lower, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil was in a downturn on speculation OPEC+ could boost output next month. However, G7 finance ministers […] Read more
Global markets

Global Markets: Alberta proposes new pipeline

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Reading Time: < 1 minute Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – The Alberta government announced on Wednesday it submitted a proposal to the federal government’s Major Projects Office for a new bitumen pipeline to British Columbia’s northwest coast. Alberta Premier Danielle Smith said the province would commit […] Read more
Currency Markets

Canadian dollar and business outlook

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer Thursday morning, nearing its weakest level in four months relative to its United States counterpart.      The continued shutdown of the U.S. government and resulting lack of economic data was hanging over the financial markets.      At 8:47 a.m. CDT the Canadian dollar was trading at […] Read more
Futures

ICE Canada Morning Comment: Canola pushing upward

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures continued higher on Thursday morning, attempting to add to yesterday’s increases. However, there was pressure from the advancing Prairie harvest and comparable oils. Manitoba reported yesterday that its overall harvest was 72 per cent completed, with 76 per cent of canola combined. Saskatchewan […] Read more
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Markets, Reuters

U.S. livestock: Cattle choppy amid weak cash market, tight supply

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Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures traded both sides of unchanged on Wednesday as mixed-to-weaker cash markets and a continued tight supply of cattle buffeted futures, analysts said. Industry experts said the U.S.-Mexico border is likely to be closed to cattle imports for the foreseeable future as the flesh-eating screwworm parasite spreads. […] Read more
Currency Markets

Canadian Financial Close: C$ weakens Wednesday

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was weaker relative to its United States counterpart on Wednesday, with a slowdown in the manufacturing sector underscoring expectations for another interest rate cut from the Bank of Canada      The Canadian dollar settled at US$0.7174 or US$1=C$1.3940, which compares with Monday’s close of US$0.7183 or US$1=C$1.3921. There was […] Read more

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