ICE Canola Midday: Tighter supplies pushing up prices

Reduced stocks with strong exports, domestic use

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise late Monday morning, with the old crop contracts seeing larger increases while the new crop positions were up slightly. Tightening canola supplies in Canada contributed to the gains. Statistics Canada reported on Friday that total canola stocks were at


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer Monday morning, as financial markets reacted to the latest tariff threats from United States President Donald Trump. At 8:51 a.m. CST the Canadian dollar was trading at US$0.6971 or US$1=C$1.4345 which compares with Friday’s close of US$0.6994 or US$1=C$1.4298. Trump said Sunday that he would

Global Markets: Trump to announce tariffs on steel, aluminum

Canada a major supplier of both to U.S.

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   United States President Donald Trump said on Sunday that his administration will slap 25 per cent tariffs on all steel and aluminum imports. Trump’s formal announcement is expected to be made


ICE canola making gains to start week

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was higher Monday morning, seeing a continuation of last week’s gains. Chicago soyoil was lower, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil was up nearly US$1 per barrel despite concerns over tariff threats by United States President Donald Trump. The Canadian

Canadian Financial Close: Loonie strengthens to end week

Glacier FarmMedia | MarketsFarm  – The Canadian dollar was back in positive territory on Friday, ending the week 0.90 of a United States cent higher than one week earlier. The loonie closed at US$0.6994 or US$1=C$1.4298, more than US$0.6982 or US$1=C$1.4322 on Thursday. Statistics Canada reported today that the country added 76,000 jobs in December