Canadian Financial Close: Loonie rises, crude oil slips

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar gained strength on Tuesday, closing at its highest level in 18 days. The loonie ended Tuesday at US$0.7334 or US$1=C$1.3635, compared to US$0.7303 or US$1=C$1.3693 on Monday. Earlier today, Canadian Prime Minister Mark Carney briefed the premiers on ongoing trade negotiations with the United States, telling reporters that he’ll […] Read more


North American Grain/Oilseed Review: Canola falls back, wheat rises

Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm — Canola futures on the Intercontinental Exchange retreated further on Tuesday despite entering positive territory for a brief time. A stronger Canadian dollar and more rainfall on the Prairies put pressure on the oilseed. Chicago soyoil was down, but European rapeseed and Malaysian palm oil were up. Crude oil declined on […] Read more



ICE Midday: Canola retreats further into the red

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange remained lower in the middle of trading on Tuesday as comparable oils weakened. Chicago soyoil and European rapeseed were also pulling back while Malaysian palm oil was higher. Crude oil lost almost US$1 per barrel due to prospects of softer demand and higher production […] Read more




Global Markets: Carney meets with U.S. senators, premiers

Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Mark Carney will brief Canada’s premiers on Tuesday about the federal government’s ongoing trade negotiations with the United States. The premiers are taking part in a three-day summit in Huntsville, Ont. to discuss […] Read more



ICE Canada Morning Comment: Canola slipping lower

Declines in Chicago soy weigh on values

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures was lower on Tuesday morning, following Chicago soybeans and soyoil to the downside. The losses were tempered by gains in Malaysian palm oil, European rapeseed and Chicago soymeal. In turn, modest declines in crude oil limited the upside in the vegetable oils. […] Read more