North American Grain/Oilseed Review: Canola, wheat rise higher

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market continued its up-and-down trade on Thursday, going into positive territory as comparable oils moved in both directions. European rapeseed was mixed, crude oil was up and Chicago soyoil was relatively steady. Malaysian palm oil was not traded due to the Lunar New Year holiday. A tightening



Global Markets: Plane, helicopter collide midair

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – An American Airlines regional passenger jet flying from Wichita, Kan. and a United States Army Black Hawk helicopter collided midair on Wednesday near Reagan Washington National Airport. A total of 67 people, including Russian and American

ICE canola down with soyoil Thursday morning

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Thursday morning, taking some direction from Chicago soyoil. European rapeseed was also down on the day, while Malaysian palm oil and other Asian markets remained closed for the Lunar New Year holiday. The threat of the United States imposing


Canadian Dollar and Business Outlook: Small increase for loonie

Oil hovers around unchanged ahead of Trump's tariff deadline

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar tacked about a tenth of a cent on Thursday morning as the United States dollar stepped back and crude oil inched upward. As of 8:38 am CST, the loonie was at US$0.6939 or US$1=C$1.4404 compared to Wednesday’s close of US$0.6928 or US$1=C$1.4439. On the United



Canadian Financial Close: BoC, Fed interest rate moves

One reduces, one holds firm

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back by nearly two-tenths of a cent on Wednesday, following interest rate announcements by the Bank of Canada and the United States Federal Reserve. The loonie closed on Wednesday at US$0.6928 or US$1=C$1.4435, compared to Tuesday’s finish of US$0.6947 or US$1=C$1.4394. On



The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Rallying corn futures nearing resistance

Chicago corn just shy of $5.00

Corn futures at the Chicago Board of Trade have climbed steadily higher over the past two months, although the uptrend could soon run into resistance as the grain nears overbought territory and farmers will be looking to make some sales.