ICE canola continues lower Tuesday

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were weaker Tuesday morning, seeing some follow-through selling after Monday’s declines. Speculative positioning was a feature amid ideas a top may be in from a chart standpoint for the time being. The May contract dipped below its 20-day moving average but remains well above most longer-range indicators. Chicago […] Read more

Canadian Dollar and Business Outlook: Loonie down, crude oil bounces back

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar declined Tuesday morning as crude oil tried to rebound from Monday’s losses.      The loonie was at US$0.7266 or US$1=C$1.3763 as of 8:38 a.m. CDT, compared to Monday’s close at US$0.7290 or US$1=C$1.3717. The United States Dollar Index gained 0.52 of a point at 99.47.      Crude oil prices […] Read more



Speculators add to bullish bets in canola

Speculators add to bullish bets in canola

Reading Time: < 1 minute The speculative net long position in canola continues to grow, hitting its largest level in eight months according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday, March 20.


U.S. Grain/Oilseed Review: Trump’s claim on Iran war shakes up Chicago

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were slightly higher on Monday, in a toss up between good export movements and the latest statement from United States President Donald Trump on the war with Iran. Trump claimed the U.S. and Iran had “productive conversations” during the weekend, while Iran disputed Trump’s statement. The U.S. […] Read more



ICE Closing Review: Weaker crude oil pulls down canola

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures dropped back on Monday, following steep declines in crude oil. However, the losses in canola were not as sharp by the end of trading as they were earlier this morning. On Monday, United States President Donald Trump said the U.S. and Iran met during the […] Read more

ICE Canola Midday: Guided by weakness in comparable oils

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were sharply lower mid-session Monday, due to weakness in the vegetable oils. Crude oil was down hard following United States President Trump’s statement that the U.S. and Iran had talks regarding their conflict over the weekend. However, Iran said such did not occur […] Read more


Global Markets: Trump, Iran disagree ‘productive conversations’ claim

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Crude oil prices were sharply lower and the stock markets were stronger on Monday, as United States President Donald Trump said on Truth Social there were “productive conversations” between the U.S. and Iran […] Read more

ICE canola drops with crude oil Monday morning

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were weaker Monday morning, as sharp losses in crude oil spilled into the oilseed markets. Brent crude oil was down by nearly $10 per barrel, while West Texas Intermediate crude oil lost roughly eight dollars, as energy markets reacted to the latest developments out of the Middle East. […] Read more