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Futures

North American grain/oilseed review: Canola drops Monday

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Reading Time: 2 minutes By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker on Monday, as losses in Chicago soybeans and soyoil spilled over to weigh on values. Airstrikes on Iran by the United States over the weekend led to wide price swings in crude oil, with eventual weakness in the energy […] Read more
Currency Markets

Canadian Financial Close: Crude pulls down loonie

Greenback losses soften the blow

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Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued to step back on Monday, with weakness in crude oil weighing on values. However, losses in the United States dollar tempered further declines. The loonie finished at US$0.7270 or US$1=C$1.3755, compared to Friday’s close of US$0.7284 or US$1=C$1.3728. The U.S. Dollar Index […] Read more
Global markets

Global Markets: U.S. strikes Iran

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Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   Airstrikes on Iran by the United States over the weekend initially sent energy markets climbing higher, but crude oil was backing away from its highs by Monday morning.   North Dakota declared a statewide disaster on Saturday […] Read more
Futures

ICE canola starts week in negative territory

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Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange opened the week slightly lower despite a weaker Canadian dollar and higher crude oil prices. Crude surged over the weekend due to the United States attack on Iran. However, rains on the Prairies over the weekend put pressure on prices. Chicago soyoil and Malaysian […] Read more
Currency Markets

Canadian Dollar and Business Outlook: Weaker loonie

U.S. greenback swings higher

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar fell back on Monday morning as its United States counterpart gained strength. As of 8:35 am CDT, the loonie was at US$0.7258 or US$1=C$1.3775 compared to Friday’s close of US$0.7284 or US$1=C$1.3728. On the U.S. Dollar Index, the greenback advanced 0.568 of a point at […] Read more
Currency Markets

Canadian Financial Close: Loonie ends down on the week

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Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Friday to end a negative week for the currency. The loonie closed the day at US$0.7284 or US$1=C$1.3728, compared to US$0.7287 or US$1=C$1.36724 on Thursday. It ended the week down seven-tenths of a U.S. cent compared to June 13. The United States Dollar Index […] Read more
Futures

North American Grain and Oilseed Review: Canola can’t hang on to increases

Losses all around in Chicago

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Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned slightly lower on Friday, giving up their gains from earlier in the session. Pressure on canola came from declines in the Chicago soy complex after it struggled as well to maintain increases. However, support was derived from upticks in Malaysian palm […] Read more

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