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Canadian dollar and business outlook

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Friday morning, lacking any clear direction.      At 8:48 a.m. CST the Canadian dollar was trading at US$0.7133 or US$1=C$1.4019 which compares with Thursday’s close of US$0.7134 or US$1=C$1.4018.      Manufacturing sales in Canada were up 3.3 per cent in September compared to the previous month […] Read more
Global markets

Global Markets: USDA to release November estimates

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Reading Time: < 1 minute Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – The United States Department of Agriculture will release on Friday its November World Agricultural Supply and Demand Estimates at 11 a.m. CST. Last month’s release was cancelled due to the U.S. government shutdown, adding to the […] Read more
Futures

ICE Canada Morning Comment: Canola slips back

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures dipped Friday morning, moving away from nearby resistance levels. Canola exports continued to lag well behind last year’s pace. The Canadian Grain Commission reported those exports for the week ended Nov. 9 dropped to 121,200 tonnes from the previous week’s 188,400. The year-to-date […] Read more
Currency Markets

Canadian financial close: C$ softens Thursday

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer on Thursday, with sharp losses in equities accounting for some spillover weakness in the currency.      The Canadian dollar settled at US$0.7134 or US$1=C$1.4018, which compares with Wednesday’s close of US$0.7140 or US$1=C$1.4005.      The end of the U.S. government shutdown kept some caution in the […] Read more
Futures

North American Grain/Oilseed Review: Canola up, soybeans rise

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Reading Time: 2 minutes Glacier FarmMedia -– Canola futures closed higher on Thursday while support from comparable oils varied.      Chicago soyoil was down, European rapeseed was up and Malaysian palm oil was mixed. Crude oil made small gains to recover a fraction of Wednesday’s losses.      An analyst said that despite recent optimism that Canada and China will […] Read more
Futures

ICE Midday: Canola firm at midday

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Reading Time: < 1 minute Glacier FarmMedia – ICE canola futures were slightly higher Thursday morning amid mixed sentiment from comparable oils. Chicago soyoil was down, while European rapeseed was up and Malaysian palm oil was mixed. Crude oil made small gains, correcting from Wednesday’s losses. An analyst said despite recent optimism that Canada and China will eventually resolve their […] Read more

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