ICE canola returns to rally

Glacier FarmMedia – Canola futures on the Intercontinental Exchange found their way back to positive territory on Tuesday morning after retreating on Monday. Chicago soyoil, European rapeseed and Malaysian palm oil were higher to start the day. Crude oil also made gains after a severe winter storm last weekend disrupted oil output in the United

Canadian Dollar and Business Outlook: Loonie on the rise

By Glen Hallick Glacier FarmMedia – The Canadian dollar pushed higher on Tuesday morning, as its United States counterpart fell back and crude oil increased. As of 8:38 am CST, the loonie was at US$0.7332 or US$1=C$1.3640, compared to Monday’s close of US$0.7298 or US$1=C$1.3702. On the U.S. Dollar Index, the greenback gave up 0.452






North American Grain and Oilseed Review:Canola turns lower

A red Monday in Chicago

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed lower on Monday, as the multi-day rally likely ran out of steam, said an analyst. The analyst said the technicals largely propelled the rally with the funds taking it as far as they could. Also, the increases were to entice reluctant farmers to sell



ICE Canola Midday: Rally running out of steam – analyst

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower late Monday morning, with one analyst pessimistic about what he believes is likely to happen. “We’ve had a great technical rally because the farmer is not selling,” the analyst said. “He’s thinking that because of Chinese purchases, they’re going to keep