North American grain/oilseed review: Canola ends lower after choppy day

Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market settled with small losses, as spillover from declines in the Chicago soy complex countered the supportive influence of a weaker Canadian dollar. The March contract traded above C$650 per tonne for the sixth-straight session on Friday, but once again ran into resistance at that chart point to […] Read more

ICE canola firm at midday Friday

Reading Time: < 1 minute      Glacier FarmMedia — ICE Futures canola contracts were stronger at midday Friday, as investors squared positions ahead of the weekend. The March contract was trading just above C$650 per tonne at midsession, after testing that level every day of the past week. An analyst said it would be supportive from a technical standpoint if […] Read more





Global Markets: Canadian economy flat in November

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada saw no economic growth in November, Statistics Canada reported on Friday. In October, Canada’s economy dipped 0.3 per cent. StatCan said goods-producing industries slipped 0.3 per cent in November, while services-producing industries […] Read more

Little movement for ICE canola

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were relatively steady on Friday morning with mixed comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were weaker. Meanwhile, crude oil was higher amid tensions between the United States and Iran. The Canadian Grain Commission reported on Thursday that 241,100 tonnes of canola were […] Read more


Canadian Dollar and Business Outlook: Loonie dips

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar eased back on Friday morning due to gains in the United States dollar and little movement in crude oil. As well, Statistics Canada reported that Canada’s gross domestic product saw no overall growth in November after a 0.3 per cent loss in October. Preliminary estimates called […] Read more

Photo: Kat72/Getty Images Plus

U.S. livestock: Cattle sink ahead of semi-annual inventory report

Reading Time: < 1 minute Chicago cattle futures fell on Thursday ahead of the USDA’s semi-annual cattle inventory report. Hog futures were mixed. Most-traded April live cattle contracts settled at 237.275 cents a pound, down 1.450 cents. June live cattle closed at 233.275 cents per pound, down 1.175 cents. Most-active March feeder cattle futures closed at 365.125 cents a pound, […] Read more



Canadian Financial Close: Loonie closes just short of 74 U.S. cents

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar was stronger on Thursday, gleaning support from more spikes in crude oil and the continued weakening of the United States dollar. The loonie finished at US$0.7399 or US$1=C$1.3515 compared to Wednesday’s finish of US$0.7369 or US$1=C$1.3571. On the U.S. Dollar Index, the greenback gave up 0.194 […] Read more