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Canadian Financial Close: Loonie down, TSX sets new record

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Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated as United States markets re-opened after the Independence Day weekend. The loonie closed the day at US$0.7323 or US$1=C$1.3656, compared to US$0.7350 or US$1=C$1.3605 on Friday. The U.S. Dollar Index gained 0.29 of a point at 97.47. Benchmark crude oil prices corrected themselves on Monday after […] Read more
Futures

North American Grain and Oilseed Review: A tough day for canola

Steep declines as U.S. markets reopen

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Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures resumed their sharp losses on Monday after closing mixed on Friday. The United States markets were back in full swing after the Independence Day long weekend. Heavy pressure from weakness in the Chicago soy complex weighed on canola. Losses in European rapeseed […] Read more
Futures

ICE Canola Midday: Canola falls with other vegetable oils

'A dismal day' says analyst

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Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were weaker late Monday morning, following outside markets to the downside. “It’s going to be a dismal day,” one analyst said of canola. There were sharp losses in the Chicago soy complex, along with declines in European rapeseed while Malaysian palm oil […] Read more
Global markets

Global Markets: Severe flooding hits central Texas

Forecasters say more rain coming

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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.   Flooding in central Texas has killed more than 80 people as of Monday, with 27 at Camp Mystic. Authorities said dozens more people are believed to be missing as search and […] Read more
Futures

ICE canola weaker Monday morning

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Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Monday morning, as relatively favourable North American growing conditions and losses in outside markets weighed on values. The Chicago soy complex was posting large losses as activity resumed after last Friday’s Independence Day holiday in the United States. European rapeseed was also lower, although Malaysian palm oil […] Read more

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