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Glacier FarmMedia — The Canadian dollar was softer Thursday morning, as the United States currency saw some strength internationally. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled currency markets on Wednesday, but Trump later walked back those comments. At 9:28 a.m. CDT the Canadian dollar was[...]

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures remained lower late Wednesday morning, leaving at least one trader wondering why. “It defies logic,” the trader said. He suggested an influx of canola being hauled to Prairies elevators could be one reason for today’s losses. “There must be more canola out[...]

By Glen Hallick Glacier FarmMedia — Intercontinental Exchange canola futures were unable to hang on to the modest upticks they had on Monday, finishing with small declines. Despite areas on the Prairies confronted with dry conditions, for the most part the region’s canola crop is in fairly good condition. However that could change quickly if[...]

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were falling back late Friday morning, after pushing higher by double-digits earlier. An analyst said canola had been climbing thanks to gains in the other oilseeds, particularly the Chicago soy complex. However, Chicago soyoil suddenly lost all of its increases today, with[...]

Glacier FarmMedia | MarketsFarm -- Canola futures on the Intercontinental Exchange started the week lower. Despite easing away from heavier losses earlier in the day, they were still pressured by weaker comparable oils and recent rains on the Prairies. Although Chicago soyoil was stronger, European rapeseed and Malaysian palm oil were down. Crude oil declined[...]