ICE canola continues lower to start week

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, seeing a continuation of Friday’s downturn while taking some direction from the Chicago soy complex. Malaysian palm oil and European rapeseed futures were also softer on the day. Uncertainty ahead of United States tariffs set to

Global Markets: Trudeau meets with King Charles

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Justin Trudeau met with King Charles in London on Monday to discuss “matters of importance to Canada and to Canadians.” The meeting comes just ahead of threatened tariffs from the United States and


Canadian Dollar and Business Outlook: Loonie pushes higher

Trump appears to be set to slap levies on Canada, Mexico tomorrow

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up on Monday morning due to weakness in its United States counterpart the day ahead of the Trump administration imposing tariffs on imports from Canada and Mexico. As of 8:38 am CST, the loonie was at US$0.6944 or US$1=C$1.4400 compared to Friday’s close of

ICE canola starts week in positive territory

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made slight gains to start the week. Chicago soyoil and Malaysian palm oil were both higher while European rapeseed was mixed. Crude oil increased as uncertainty over tariffs and a deal to end the Russian invasion of Ukraine was in focus. The Canadian dollar was up



Canadian Financial Close: Loonie, crude oil fall further

Glacier FarmMedia | MarketsFarm – The Canadian dollar added to its losses on Friday, as it dropped more than one United States cent over the past week. The loonie ended the day at US$0.6926 or US$1=C$1.4438, compared to US$0.6934 or US$1=C$1.4422 on Thursday. Statistics Canada reported today that the country’s GDP increased by 2.6 per



North American Grain and Oilseed Review: Weaker Chicago soy weighs on canola

Double digit losses in several contracts at CBOT

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures saw another round of losses on Friday but a broker noted the Canadian oilseed remained cheaper when compared to product values. The Chicago soy complex was weaker, especially with sharp declines in soyoil. European rapeseed was down as well, but there were