Canadian financial close: C$ hits six-month highs

Glacier FarmMedia — The Canadian dollar was sharply stronger relative to its United States counterpart on Friday, hitting its highest levels in six months on the back of solid jobs data.      The Canadian dollar settled at US$0.7215 or US$1=C$1.3860, which compares with Thursday’s close of US$0.7167 or US$1=C$1.3952.      Canada’s unemployment rate fell to






ICE Midday: Canola continues to retreat

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Friday as the oilseed is still reeling from Thursday’s principal field crop estimates from Statistics Canada. StatCan projected the 2025-26 canola crop at a record 21.8 million tonnes, but an analyst said there is a chance that figure may be understated. The January

Global Markets: Canada adds jobs in November

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Statistics Canada reported that the Canadian economy added 54,000 new jobs in November, lowering unemployment by 0.4 of a point at 6.5 per cent. Economists had previously projected slight job losses. StatCan also said there were


ICE Canada Morning Comment: Canola climbing higher

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were on the rise Friday morning, stepping away from Thursday’s declines. Gains in Malaysian palm oil, MATIF rapeseed, as well as Chicago soybeans and soyoil were lending support to canola. There were slight declines in Chicago soymeal. Crude oil was virtually unchanged, offering

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Corn, soybeans higher in technical bounce; wheat firms

Chicago | Reuters – Chicago corn futures rose modestly on Thursday on chart-based buying, firm cash markets and reminders of brisk export demand for U.S. supplies, analysts said. Soybean and wheat futures followed the firm trend, shrugging off pressure from larger-than-expected estimates of Canada’s wheat and canola harvests. Chicago Board of Trade March corn futures


Canadian financial close: C$ steady

Glacier FarmMedia — The Canadian dollar held relatively steady on Thursday.      The Canadian dollar settled at US$0.7167 or US$1=C$1.3952, which compares with Wednesday’s close of US$0.7169 or US$1=C$1.3949.      TD Bank, BMO Financial Group and CIBC all reported solid fourth quarter profits, which investors took as a sign of a healthy economy.      Canadian