ICE canola up as tariffs postponed

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Tuesday, hitting its highest levels since November as support came from news the United States would postpone imposing tariffs on Canadian imports for at least a month. U.S. tariffs and Canadian retaliatory measures had been set to come

Global Markets: Trump delays tariffs until March

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump announced on Monday that planned 25 per cent tariffs on Canadian and Mexican goods imported into the U.S. would be delayed until March. The levies were set aside after both nations’



ICE Canada Morning Comment: Canola adding more increases

  By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures moved higher on Tuesday morning, building on gains from Monday. This follows the one-month delay to the United States and Canada imposing tariffs on each other. Meanwhile, canola defied pressure from sharp declines in Chicago soyoil and more modest losses in soybeans



Canadian Financial Close: Loonie drops ahead of tariffs

Glacier FarmMedia | MarketsFarm – The Canadian dollar fell on Monday, less than 24 hours before tariffs on goods coming from and going to the United States are enacted. The loonie closed at US$0.6848 or US$1=C$1.4603, down from US$0.6904 or US$1=C$1.4484 on Friday. The U.S. Dollar Index was up 0.52 of a point at 108.89.