Futures markets

By Phil Franz-Warkentin Glacier FarmMedia| MarketsFarm — ICE Futures canola contracts were stronger at midday Thursday, as talk of possible easing of United States tariffs circulated the markets. U.S. President Donald Trump posted on social media that tariffs on Mexican imports that fall under the current Canada-U.S.-Mexico Agreement (CUSMA) would be delayed until April 2,

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was on the rise Thursday morning despite mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher while European rapeseed was down. Crude oil was steady after losing more than one U.S. cent per barrel on Wednesday. The Canadian dollar is up one-tenth

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market strengthened on Wednesday, as ideas Tuesday’s declines were overdone provided support. Tariffs imposed the United States sparked a broad selloff that weighed on most markets on Tuesday, including canola. However, there was talk in the trade on Wednesday that an agreement may

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was firmer at midday Wednesday, taking back some of Tuesday’s declines amid ideas the losses were overdone. Tariffs imposed the United States sparked a broad selloff that weighed on most markets on Tuesday, including canola. However, there was talk in the trade

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market is correcting itself after Tuesday’s plunge due to tariffs implemented by United States President Donald Trump. However, there is speculation the tariffs could be rolled back. Meanwhile, Chicago soyoil and European rapeseed are down while Malaysian palm oil is up. Crude oil continued to fall in

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market fell sharply lower on Tuesday, as markets reacted to the developing global trade war triggered by import tariffs imposed by the United States and resulting retaliation. The U.S. is a major destination for Canadian canola oil, with that business now facing 25 per

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was sharply lower at midday Tuesday, as oilseed markets reacted to the developing trade war triggered by U.S. import tariffs and resulting retaliation. The U.S. is a major destination for Canadian canola oil, with that business now facing 25 per cent

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar slipped lower on Tuesday morning in light of the 25 per cent tariffs United States President Donald Trump imposed on Canada and Mexico. As of 8:41 am CST, the loonie was at US$0.6915 or US$1=C$1.4461 compared to Monday’s close of US$0.6931 or US$1=C$1.4428. On the

The ICE Futures canola market retreated on Tuesday morning after United States President Donald Trump imposed tariffs on Canadian, Mexican and Chinese goods starting today. The tariffs were also felt in other markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red, while crude oil also declined. Despite a weakened U.S.

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at Monday’s close, as investors took a “risk off” approach ahead of United States tariffs set to come into effect on Tuesday. Losses in the Chicago soy complex contributed to the selling pressure in canola. The managed money net long