ICE Canola Midday: Futures turn positive

Soyoil erases its losses, pulling canola along

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were attempting to recover from earlier losses on late Friday morning, as Chicago soyoil turned positive. Soyoil started Friday sharply lower after posting strong gains yesterday and it pulled along canola. A trader said the Trump administration was close to making an announcement […] Read more



Global Markets: Retail sales improve in June

Food and beverages sales led the way

Reading Time: 2 minutes By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada said on Friday that June retail sales improved 1.5 per cent at $70.2 billion, with gains in all nine subsectors. Food and beverage retail sales led with an […] Read more

ICE canola reverses direction

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Friday morning with mixed sentiment in comparable oils. Agriculture and Agri-Food Canada raised its production estimate for new crop canola by more than two million tonnes at 20.1 million in its monthly report on Thursday. Statistics Canada will release its satellite and model-based […] Read more


Canadian Dollar and Business Outlook: Loonie keeps back peddling

Little movement in U.S. greenback

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The doldrums for the Canadian dollar continued on Friday morning with more declines. As of 8:46 am CDT, the loonie was at US$0.7184 or US$1=C$1.3920 compared to Thursday’s close of US$0.7196 or US$1=C$1.3897. On the United States Dollar Index, the greenback bumped up 0.054 of a point […] Read more




Canadian Financial Close: More losses for loonie

Canuck buck down more than 6/10ths over the last week

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped below 72 U.S. cents on Thursday, as its downturn pressed on for a seventh consecutive session. The loonie finished at US$0.7196 or US$1=C$1.3897, compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. Over the last week, it has dropped 0.64 of a cent. […] Read more


North American Grain and Oilseed Review: Canola swings higher with soy

A positive day for U.S. soy, corn, wheat

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Thursday, gleaning ample spillover from sharp increases in Chicago soyoil and soybeans. There was additional support from gains in European rapeseed and Malaysian palm oil. Upticks in crude further underpinned the vegetable oils. The strong session came despite a […] Read more