ICE Canada Morning Comment: Strong increases for canola

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were higher on Thursday morning, building on gains from the overnight session and despite weakness in comparable oils. With sharp losses in crude oil there were declines in Chicago soyoil and Malaysian palm oil, while MATIF rapeseed was steady to lower. Gains in Chicago soybeans […] Read more

Canadian financial close: C$ firm Wednesday

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart on Wednesday. The Canadian dollar settled at US$0.7206 or US$1=C$1.3877, which compares with Tuesday’s close of US$0.7201 or US$1=C$1.3886. Canadian Prime Minister Mark Carney is on a trade mission to China this week. The trip is the first by a […] Read more


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Corn, soybeans recover from 3-month low on technical bounce

Reading Time: 2 minutes Chicago | Reuters – Chicago corn and soybean futures steadied on a technical bounce on Wednesday after sliding to their lowest since October this week, with traders weighing larger-than-anticipated U.S. supply forecasts, Chinese demand and crop prospects in South America. Wheat futures were little changed as the market also paused following losses triggered by U.S. […] Read more

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U.S. livestock: Cattle futures retreat on profit taking

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures slid on Wednesday on a round of profit taking following multi-month highs set during the previous session, analysts said. Cattle futures had climbed the previous day on a tight cattle supply and strong packer demand. “We were fairly overbought in the short term, so you saw […] Read more





North American Grain/Oilseed Review: Canola pulls back, U.S. grains higher

Reading Time: 2 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange returned to the red on Wednesday, receiving little support from comparable oils.      Chicago soyoil, European rapeseed and Malaysian palm oil were down. However, crude oil made gains due to inflamed tensions in Iran.      Canadian Prime Minister Mark Carney landed in China earlier today for […] Read more

ICE Midday: Canola takes a step back

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in the middle of Wednesday trading amidst a weaker Canadian dollar and mixed sentiment in comparable oils. Chicago soyoil was relatively steady, while European rapeseed and Malaysian palm oil were down. Crude oil made gains as tensions escalate in Iran. Canadian Prime Minister […] Read more