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Canadian Financial Close: Loonie, U.S. stock markets decline

Glacier FarmMedia – The Canadian dollar remained in retreat on Friday while crude oil prices climbed higher.      The loonie closed at US$0.7207 or US$1=C$1.3875, compared to US$0.7223 or C$1=C$1.3844 on Thursday. The United States Dollar Index gained 0.26 of a point at 100.16.      Despite U.S. President Donald Trump extending his deadline for Iran

ICE review: Canola falls with soy complex after early gains

Glacier FarmMedia — The ICE Futures canola market was weaker on Friday, retreating from early gains as losses in the Chicago soy complex weighed on values. Updated biofuel targets from the United States government were generally seen as supportive for vegetable oil demand, but the new regulations were expected and profit-taking ahead of the weekend


CBOT review: Soybeans drop after biofuel announcement

SOYBEAN futures at the Chicago Board of Trade were weaker on Friday, seeing a “buy the rumour, sell the fact” reaction to updated biofuel targets from the United States government. The United States government set biofuel targets for 2026 at 26.81 billion RINs and 27.02 billion RINs for 2027. Large refiners will be required to




ICE canola turning mixed at midday Friday

Glacier FarmMedia — ICE Futures canola contracts were backing away from early gains at midday Friday, turning mixed as traders adjusted positions ahead of the weekend. Ongoing uncertainty over the war in the Middle East continued to keep some caution in the world energy markets, with the bias higher in crude oil for the time


Global Markets: Trump extends deadline, war rages on

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – United States President Donald Trump extended his deadline to April 7 for Iran to re-open the Strait of Hormuz or face attacks on its energy infrastructure. Both countries have submitted ceasefire plans to each other, but

ICE canola rising Friday morning

     Glacier FarmMedia — ICE canola futures were stronger Friday morning, taking some direction from crude oil and Chicago soyoil. Ongoing uncertainty over the war in the Middle East continued to keep some caution in the world energy markets, with the bias higher in crude oil for the time being. New measures to support farmers



Canadian Financial Close: Loonie, TSX down, crude oil advances

Glacier FarmMedia – The Canadian dollar retreated on Thursday while crude oil prices turned higher.      The loonie closed at US$0.7223 or US$1=C$1.3844, compared to US$0.7246 or C$1=C$1.3801 on Wednesday.      The United States Dollar Index gained 0.41 of a point at 100.01.      Crude oil advanced after U.S. President Donald Trump warned Iran on