North American Grain and Oilseed Review:Canola adds some ground

More losses in Chicago

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Tuesday, getting some support from gains in Chicago soyoil, MATIF rapeseed and Malaysian palm oil. A trader suggested that the speculative funds also held sway over the canola market, pushing prices higher. The trader said the canola crushers have having […] Read more



ICE Canola Midday: Tacking on modest increases

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher at midday Tuesday, however a Winnipeg-based trader said he’s unsure as to what’s supporting the increases. The trader suggested the gains might be due to the speculative funds, which he believes have a great deal of control over the […] Read more




Global Markets: CIA attacks Venezuelan port

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Central Intelligence Agency launched a drone strike on a Venezuelan port facility earlier this month, CNN reported on Tuesday. The target was said to be a port allegedly used by the Venezuelan […] Read more


Canadian Dollar and Business Outlook: Loonie slips

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased back on Tuesday morning as the United States dollar made a modest increase. As of 8:38 am CST, the loonie was at US$0.7300 or US$1=C$1.3699, compared to Monday’s close of US$0.7307 or US$1=C$1.3686. On the U.S. Dollar Index, the greenback was up 0.118 […] Read more

ICE Canada Morning Comment: Finding positive traction

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Tuesday morning, turning around from yesterday’s losses. There was support for canola coming from gains in the Chicago soy complex, Malaysian palm oil and MATIF rapeseed. Upticks in crude oil added to the increases in the vegetable oils. The March […] Read more


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U.S. livestock: Lean hogs tick down on supply numbers, year-end positioning

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle and lean hog futures fell while feeder cattle futures rose on year-end positioning, according to analysts, with the trade thin between Christmas and New Year holidays. Many funds still have net long positions, said Doug Houghton, analyst at Brock Associates, “If they’re taking profits, that’s going […] Read more

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U.S. grains: Chicago grains and oilseeds fall as Black Sea, China headlines assessed

Reading Time: 2 minutes Chicago | Reuters – Chicago grains and oilseeds fell on Monday in thin holiday season trade, as market players weighed how markets would be affected by news from Russia, Ukraine and China, according to analysts. There were positive signals from talks between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy to end the war […] Read more