Canadian Financial Close: Loonie steady, gold adds onto new record

Glacier FarmMedia – The Canadian dollar remained relatively unchanged on Wednesday.       The loonie closed at US$0.7167 or US$1=C$1.3952, compared to US$0.7168 or US$1=C$1.3951 on Tuesday. Canadian Prime Minister Mark Carney said officials from Canada and the United States are currently negotiating terms on a new trade deal.       The United States Dollar Index was



North American Grain and Oilseed Review: Canola turns around to finish stronger

Gains all around in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Wednesday after trading to either side of unchanged. Increases in crude oil, the Chicago soy complex and Malaysian palm oil pulled canola out of its losses. Declines in MATIF rapeseed tempered further upswings. However, a

ICE Canola Midday: Logistical issues weaken prices

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange turned lower Wednesday morning following an earlier spate of choppy trading. A trader said there isn’t much to keep the “market lifted” and noted logistical issues have arisen due to the large Prairie harvest. “We’re hearing crushers are pushing away trucks,”



ICE canola mixed in choppy morning trade

Glacier FarmMedia — The ICE canola market was narrowly mixed Wednesday morning, seeing some consolidation after moving higher earlier in the week. Gains in Chicago soybeans and soyoil provided spillover support. Malaysian palm oil was also stronger, although European rapeseed was steady to lower. The ongoing lack of export sales to China remained a bearish