Canadian Financial Close: Loonie starts week in retreat

Glacier FarmMedia | MarketsFarm – The Canadian dollar took a small step back on Monday. The loonie closed at US$0.7030 or US$1=C$1.4225, less than US$0.7039 or US$1=C$1.4207 on Friday. The United States Dollar Index added 0.09 of a point at 106.71. Crude oil was higher on Monday as the market monitors progress towards a peace deal



North American Grain and Oilseed Review: Canola takes hard hit

U.S. soybeans, corn wheat in the red

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed weaker on Monday, as concerns over United States tariffs ramped up. An analyst said that if the Trump administration were to impose their tariffs effective Mar. 4, and if Canada retaliates that any benefit canola is getting from its tight supplies



ICE Canola Midday: Looming tariffs pulls down values

Extremely difficult to make accurate prediction

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower at late Monday morning, as uncertainty over United States tariffs set to be imposed next week weighed on values. “I expect a big knee jerk reaction on Mar. 4,” an analyst stated, stressing that’s if the tariffs go ahead with Canada



Global Markets: Germany shifts to the right and further

Far-right AfD scores 152 seats for second place

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Germans voted for change on Sunday, with the Christian Democratic Union/Christian Social Union winning the largest bloc of seats in the Bundestag with 208. That means CDU/CSU leader, Friedrich Merz will

ICE canola backing away from nearby highs to start week

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Monday morning, seeing a profit-taking correction to start the week as values backed away from their nearby highs. Losses in Chicago soyoil accounted for some spillover selling pressure on the canola market, with European rapeseed and Malaysian palm oil