Canadian financial close: C$ firm heading into weekend

Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday, as world financial markets continued to react to the shifting news out of the Middle East. The Canadian dollar settled at US$0.7290 or US$1=C$1.3718, which compares with Thursday’s close of US$0.7284 or US$1=C$1.3728. Retail sales in Canada were up by 1.1 per cent in


U.S. Grain/Oilseed Review: CBOT grains step back

Glacier FarmMedia – All three major United States WHEAT varieties showed double-digit declines on Friday. Temperatures are expected to exceed 21 degrees Celsius over the weekend in the U.S. Plains and Midwest regions. The central and southern plains could also see temperatures above 30 C. Rainfall chances are forecast to improve at the start of

ICE Closing Review: Canola dips lower amidst choppy trade

Glacier FarmMedia – Canola futures on the Intercontinental Exchange ended lower on Friday after a day of choppy trading. An analyst said there were numerous factors affecting canola prices, including trade and export volumes, the conflict in the Middle East and speculation over biofuel blends in the United States. Crude oil prices made more gains


ICE Midday: Canola dips lower despite strength in oils

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in choppy trading on Friday. An analyst said there were many factors affecting canola prices including trade volumes, the conflict in the Middle East and speculation over biofuel blends in the United States. Chicago soyoil and European rapeseed were higher. There was no

Global Markets: Canadian retail sales increase

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Statistics Canada reported on Friday that retail sales in January were up 1.1 per cent month-to-month at C$70.7 billion, driven by sales of motor vehicles and parts. Six of nine subsectors saw their sales rise during


Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly firmer Friday morning. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7295 or US$1=C$1.3708 which compares with Thursday’s close of US$0.7284 or US$1=C$1.3728. Retail sales in Canada were up by 1.1 per cent in January from the previous month at C$70.7 billion, reported Statistics Canada.

ICE Canada Morning Comment: Canola looking to add gains

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were attempting to climb higher on Friday morning, fending off a bout of choppiness. Support came from gains in Chicago soybeans and soyoil, as well as MATIF rapeseed, while Chicago soymeal was lower. With a holiday in Malaysia, the palm oil market was