ICE canola above unchanged

Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed small gains on Thursday with little support from comparable oils. Chicago soyoil and Malaysian palm oil were down while European rapeseed was up. Crude oil was steady as tariffs imposed by the United States on many imports come into effect. After most areas of the Prairies




Canadian Financial Close: Loonie, TSX on the rise

Glacier FarmMedia — The Canadian dollar gained some ground on Wednesday. The loonie closed at US$0.7275 or US$1=C$1.3746, compared to US$0.7254 or US$1=C$1.3785 on Tuesday. The United States Dollar Index dropped 0.53 of a point at 98.25. U.S. President Donald Trump threatened 50 per cent tariffs on goods from India earlier today due to the






ICE canola correcting higher at midday Wednesday

Glacier FarmMedia — The ICE Futures canola market was holding onto small gains at midday Wednesday, correcting off the two-month lows hit Tuesday. Gains in Chicago soyoil provided spillover support, with chart-based positioning behind much of the activity. Crude oil was also higher, although European rapeseed was down on the day and Malaysian palm oil


Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was stronger Wednesday morning, finding some support from advances in crude oil. At 9:23 a.m. CDT the Canadian dollar was trading at US$0.7271 or US$1=C$1.3753 which compares with Tuesday’s close of US$0.7254 or US$1=C$1.3785. Crude oil was firm in early trade, with West Texas Intermediate up 0.68 per cent

Global Markets: U.S. envoy meets with Putin

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   Russian President Vladimir Putin reportedly met with United States’ special envoy Steve Witkoff in Moscow on Wednesday, as a Friday deadline imposed by President Donald Trump for Russia to reach a peace deal with Ukraine neared. Details