Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mixed on Friday despite mostly negative sentiment in comparable oils. Malaysian palm oil was positive, but Chicago soyoil and European rapeseed were lower. Crude oil lost more than US$1 per barrel due to rising United States stockpiles and refinery maintenance. The Canadian Grain Commission reported
Western Canadian cash prices for spring wheat and amber durum made small gains during the week ended Feb. 20. Support came from higher prices in the United States wheat complex, but a stronger Canadian dollar limited the increases
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small declines in the middle of trading on Friday due to mostly negative sentiment in comparable oils. Malaysian palm oil was positive, but Chicago soyoil and European rapeseed were lower. Crude oil lost more than US$1 per barrel due to rising United States stockpiles and
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Friday morning, backing away from the three-month highs hit Thursday. Chart-based positioning ahead of the weekend contributed to the declines, with losses in Chicago soyoil also weighing on values. Weekly Canadian canola exports of 172,800 tonnes were down seven
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported this morning that retail sales increased 2.5 per cent to C$69.6 billion in December. One of the main drivers was food and beverage retailers, whose sales were up 3.5 per cent during the
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar held firm on Friday morning following the latest retail sales report from Statistics Canada. As of 8:39 am CST, the loonie was at US$0.7050 or US$1=C$1.4185 compared to Thursday’s close of US$0.7048 or US$1=C$1.4188. On the United States Dollar Index, the greenback climbed 0.241 of
Chicago Board of Trade soybean futures rose on Thursday, recouping losses from the previous session with support from lingering concerns about poor crop weather in South America, analysts said.
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished higher on Thursday by almost two-tenths of cent as the United States dollar pulled back while crude oil edged upward. The loonie closed on Thursday at US$0.7048 or US$1=C$1.4188, compared to Wednesday’s finish of US$0.7031 or US$1=C$1.4223. On the U.S. Dollar Index,