ICE canola climbing higher Monday

Glacier FarmMedia — ICE Futures canola contracts were posting solid gains at midday Monday, finding spillover support from strength in the Chicago soy complex. European rapeseed was sharply higher on the day as well, although Malaysian palm oil held closer to unchanged. Bullish chart signals contributed to the gains in canola, with the March contract

Global Markets: UN to debate U.S. actions in Venezuela

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The United Nations Security Council is expected to debate the legality and implications of the capture of Venezuelan President Nicolás Maduro by the United States. The Trump administration justified their actions over the weekend with criminal charges, accusing


ICE canola rising to start week

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were making gains on Monday morning, strengthened by comparable oils and a weaker Canadian dollar. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. Crude oil was up modestly despite inflamed tensions between the United States and Venezuela. The Canadian Grain Commission reported 121,000 tonnes




Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Chicago soybeans fall on competition with Brazilian exports

Chicago | Reuters – Chicago soybean futures ticked down on light post-holiday trading volume on Friday, as competitively priced Brazilian beans and favorable South American weather pressured the commodity, analysts said. Wheat and corn futures also edged down, but corn received some support from the brisk pace of U.S. exports. The most-active soybean contract on


Canadian Financial Close: Loonie, oil slightly lower

The Canadian dollar moved away from the 73 United States cent mark to start 2026.          The loonie declined to US$0.7280 or US$1=C$1.3727, compared to US$0.7296 or US$1=C$1.3706 on Wednesday. The Bank of Canada did not publish an exchange rate on Thursday due to New Year’s Day.      The United States Dollar Index was up

ICE review: Canola corrects higher Friday

Glacier FarmMedia — The ICE Futures canola market started the New Year under pressure but managed to uncover support to settle with small gains during the first trading session of 2026. The March contract fell below C$600 per tonne in early activity, initially encouraging additional speculative selling pressure. However, gains in Chicago soyoil provided spillover


ICE canola weaker to start 2026

Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Friday, as falling below nearby technical support to start the New Year. The March contract fell below C$600 per tonne, which was bearish from a chart standpoint and encouraged additional speculative selling.  Chicago soybeans, European rapeseed and Malaysian palm oil futures were all weaker,

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly softer Friday morning, with losses in crude oil to start the New Year weighing on the energy-linked currency.      At 8:59 a.m. CST the Canadian dollar was trading at US$0.7277 or US$1=C$1.3742 which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. There was no closing price on