Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer Friday morning. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7295 or US$1=C$1.3708 which compares with Thursday’s close of US$0.7284 or US$1=C$1.3728. Retail sales in Canada were up by 1.1 per cent in January from the previous month at C$70.7 billion, reported Statistics Canada. […] Read more

ICE Canada Morning Comment: Canola looking to add gains

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were attempting to climb higher on Friday morning, fending off a bout of choppiness. Support came from gains in Chicago soybeans and soyoil, as well as MATIF rapeseed, while Chicago soymeal was lower. With a holiday in Malaysia, the palm oil market was […] Read more





Canadian financial close: C$ weakens Thursday

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer on Thursday. The Canadian dollar settled at US$0.7284 or US$1=C$1.3728, which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. The Bank of Canada and the U.S. Federal Reserve left their key interest rates unchanged in policy announcements on Wednesday but warned of higher inflation. The Bank […] Read more

U.S. Grain/Oilseed Review: Positive movement in CBOT grains

Reading Time: 2 minutes Glacier FarmMedia – CORN posted gains for the third straight session and the sixth time in seven sessions on the Chicago Board of Trade on Thursday. The United States Department of Agriculture reported old crop corn export sales at 1.172 million tonnes for the week ended March 12, down 332,000 from the previous week. There […] Read more


ICE Closing Review: Canola climbs despite mixed comparable oils

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to rise steadily on Thursday while crude oil pulled back slightly. New Iranian attacks on crude oil infrastructure in the Middle East initially caused prices to increase. Brent crude oil surpassed US$112 per barrel this morning, while West Texas Intermediate exceeded US$100 for the first […] Read more



ICE Midday: Canola, crude oil move up

Reading Time: < 1 minute Glacier FarmMedia — Canola futures were higher on the Intercontinental Exchange on Thursday, as crude oil prices climbed further upward. An analyst said there’s a small chance that canola could reach C$830 per tonne if the war in the Middle East persists. Renewed Iranian attacks on oil facilities lifted crude oil prices with Brent crude […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer Thursday morning, pressured by a declining appetite for risk in global financial markets amid the ongoing war in the Middle East. At 8:36 a.m. CDT the Canadian dollar was trading at US$0.7289 or US$1=C$1.3719 which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. The Bank of Canada […] Read more