ICE Canola Midday: Increases receding

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Gains in canola futures on the Intercontinental Exchange were fading by mid-session Thursday, despite support from most comparable oils. Iran rejected the ceasefire proposal from United States President Donald Trump and now the market waits to see if he makes good on his threat to attack Iranian energy and […] Read more

ICE canola turns lower Thursday morning

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures turned lower Thursday morning, retreating from overnight gains. Mixed signals over the war in the Middle East kept caution in the markets, after nearly four weeks of conflict. Gains in crude oil provided some spillover support for the oilseeds, with Chicago soyoil also holding onto small gains. However, […] Read more


Global Markets: Iran says no to Trump ceasefire plan

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Iran rejected the 15-point plan for a ceasefire on Wednesday from United States President Donald Trump via Pakistan. Iran countered with its five-point plan that includes it having control over the Strait of […] Read more

Canadian Dollar and Business Outlook: Loonie down, crude oil moves up

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar continued to ease off on Thursday morning although crude oil prices regained their upward momentum.      The loonie was at US$0.7230 or US$1=C$1.3831 as of 8:35 a.m. CDT, compared to Wednesday’s close at US$0.7246 or US$1=C$1.3801. The United States Dollar Index was up 0.29 of a point at 99.89. […] Read more


Canadian Financial Close: Loonie down, TSX surges

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar declined for the second straight day on Wednesday as crude oil prices eased off.      The loonie closed at US$0.7246 or US$1=C$1.3801, compared to US$0.7267 or C$1=C$1.3761 on Tuesday.      The United States Dollar Index gained 0.20 of a point at 99.63.      Crude oil retreated after the U.S. […] Read more



U.S. Grain/Oilseed Review: Soybeans, corn, wheat on the rise

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were stronger on Wednesday, shrugging off sharp losses in crude oil, which managed to move away from its lows. United States President Donald Trump offered a 15-point plan to Iran for a ceasefire, which initially saw crude oil drop hard. However, Iran rejected the proposal and crude […] Read more

ICE Closing Review: Soyoil pushes canola higher

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were higher on Wednesday, due to sharp increases in Chicago soyoil and soybeans. Additional support came from upticks in most MATIF rapeseed contracts.   Steep declines in crude oil had little effect on most vegetable oils, with losses in Malaysian palm oil. An analyst said […] Read more