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Futures

North American Grain and Oilseed Review: Triple whammy weighs on canola

U.S. soybeans, corn down while wheat mixed

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Reading Time: 3 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Tuesday, due to what an analyst called the “triple whammy” of lower crude oil prices, declines in vegetable oil prices and good United States crop ratings. The analyst also noted the favourable conditions on the Prairies and the lack […] Read more
Futures

ICE Canola Midday: Combination of things pushing prices down

Nothing headline-grabbing says analyst

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Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures continued lower late Tuesday morning, in what an analyst called the “triple whammy” of lower crude oil prices, declines in vegetable oils and good crop ratings in the United States. There were losses in Chicago soybeans and especially soyoil, while soymeal nudged […] Read more
Global markets

Global Markets: Inflation eases says StatCan

Fuel prices down, but food, housing up

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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.   Inflation in Canada eased in July to an annualized rate of 1.7 per cent, Statistics Canada reported on Tuesday. The consumer price index dipped 0.2 of a point from June, […] Read more
Futures

ICE canola retreats

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Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were down in early Tuesday trading, getting little support from comparable oils. However, a weaker loonie supported the oilseed. Chicago soyoil and Malaysian palm oil were lower while European rapeseed was mixed. Crude oil also declined due to the possibility of a summit between Ukraine, the United […] Read more
Currency Markets

Canadian Dollar and Business Outlook: Canada’s CPI dips in July

Fuel prices fall

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back on Tuesday morning despite Statistics Canada reporting inflation was lower last month. As of 8:42 am CDT, the loonie was at US$0.7227 or US$1=C$1.3836 compared to Monday’s close of US$0.7242 or US$1=C$1.3809. On the United States Dollar Index, the greenback shed 0.037 […] Read more
Currency Markets

Canadian Financial Close: Loonie holds steady

Crude rises with positive view of White House meeting

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Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Monday following modest increases in the United States dollar and crude oil prices. The loonie finished at US$0.7242 or US$1=C$1.3809, compared to Friday’s close of US$0.7243 or US$1=C$1.3806. The U.S. Dollar Index added 0.258 of a point at 97.970. Benchmark […] Read more

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