Canadian Dollar and Business Outlook: Loonie declines, gold finds record price

Glacier FarmMedia | MarketsFarm – The Canadian dollar continued its rollercoaster ride on Thursday morning. The loonie was at US$0.6984 or US$1=C$1.4318 as of 8:31 a.m. CDT, compared to Wednesday’s close at US$0.7009 or US$1=C$1.4268. On Wednesday, United States President Donald Trump confirmed there will be 25 per cent tariffs imposed on auto imports starting April

ICE Canada Morning Comment: Canola continues to rally

May contract pokes head above $600/tonne

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the upswing Thursday morning, pushing above two-week highs. As the May contract stepped over $600 per tonne it exceeded its 20-day average but was still well back of its other major averages. Support spilled over from gains in Chicago soybeans and









North American grain/oilseed review: Canola at two-week highs

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market continued to correct off nearby lows on Wednesday, hitting its highest levels in two weeks in the nearby May contract. Gains in Chicago soyoil and Malaysian palm oil provided spillover support, although European rapeseed was mixed. The spread between canola and


ICE canola continues higher Wednesday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Wednesday, continuing to correct off nearby lows as the oilseed remains attractively priced compared to other options. Gains in Chicago soyoil provided spillover support, with Malaysian palm oil also firmer on the day. European rapeseed was mixed, but the