Canadian Financial Close: Loonie virtually unchanged

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Friday, along with its United States counterpart, as traders positioned ahead the next round of interest rate announcements. The Bank of Canada and the U.S. Federal Reserve as set to reveal their key rates on Wednesday. The Canadian dollar closed […] Read more




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U.S. grains: Soybeans, corn jump after USDA’s monthly crop report

Reading Time: 2 minutes Chicago | Reuters – Chicago soybean and corn futures rose on Friday after the U.S. Department of Agriculture delivered a bearish, but unsurprising, monthly crop report. U.S. farmers will harvest the most acres of corn since 1933 and produce more of the grain than previously expected, even though crop yields will miss earlier forecasts, the […] Read more


North American grain/oilseed review: Canola hits two-week highs

Reading Time: 2 minutes Glacier FarmMedia — ICE canola futures were stronger on Friday, hitting their highest levels in two-weeks. Optimism following a recent Canadian trade mission to China provided support, with chart-based a positioning a feature.A trade delegation to China had “constructive discussions” with Chinese officials, according to a statement from Prime Minister Mark Carney’s office. November canola […] Read more



ICE canola up at midday Friday

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was stronger at midday Friday, finding spillover support from advances in Chicago soybeans and soyoil. Optimism over the possibility of easing tensions with China was also supportive. A trade delegation to the major canola buying country had “constructive discussions” with Chinese officials, according to a statement from […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Friday morning, as currency traders squared positions ahead of next week’s Bank of Canada interest rate announcement.      Expectations are for Canada’s central bank and the United States Federal Reserve to cut rates in the coming months.      At 9:27 a.m. CDT the Canadian dollar was […] Read more


Global Markets: Israeli attack kills 50 in Gaza

Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. An Israeli attack on Gaza reportedly killed at least 50 people on Friday, as Qatari’s prime minister was due to meet with officials from the United States. The Canadian government has unveiled a list of five “nation-building” projects […] Read more

ICE Canada Morning Comment: Canola on the rise

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were posting increases on Friday morning. Support for the Canadian oilseed came from gains in Chicago soybeans and soyoil as well as European rapeseed. That was tempered by declines in Chicago soymeal and Malaysian palm oil. Crude oil was higher, underpinning the vegetable […] Read more