North American grain/oilseed review: Canola lower at final bell

Glacier FarmMedia — The ICE Futures canola market eased off earlier gains to settle with small losses on Thursday. Activity was thin and choppy, with markets in the United States closed for Thanksgiving. The January contract managed to hold above C$650 per tonne, which was supportive from a chart standpoint. Statistics Canada will release updated

ICE canola firm midday Thursday in quiet trade

Glacier FarmMedia — ICE Futures canola contracts were holding onto small gains midday Thursday in thin and choppy trade. Markets in the United States were closed for Thanksgiving and will only open for reduced hours on Friday. Many canola traders were also keeping to the sidelines. European rapeseed and Malaysian palm oil futures were higher



ICE canola eases off

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Thursday morning despite strength from comparable oils. European rapeseed and Malaysian palm oil were higher, while crude oil was up slightly as Russia-Ukraine ceasefire talks outweighed rising United States supplies. Chicago soyoil was not traded due to the U.S. Thanksgiving day holiday. All


Canadian Dollar and Business Outlook: Loonie drifts upward

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar drifted higher on Thursday morning, as it gets little direction from the United States dollar and crude oil. As of 8:38 am CST, the loonie was at US$0.7120 or US$1=C$1.4045, compared to Wednesday’s close of US$0.7113 or US$1=C$1.4059. On the U.S. Dollar Index, the

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

U.S. grains: Chicago grains firm as traders gauge China purchases

Chicago | Reuters – Chicago soybean futures ticked up on Wednesday as traders eyed Chinese purchases of U.S. beans under a bilateral trade truce and adjusted positions before the U.S. Thanksgiving holiday, analysts said. The oilseed market remained underpinned by indications of Chinese demand, with traders telling Reuters that China bought at least 10 cargoes


 PHOTO: Lisa Guenther

U.S. livestock: Futures rally ahead of U.S. Thanksgiving

Chicago cattle and hog futures rallied on Wednesday ahead of the American Thanksgiving holiday. Most-active February live cattle contracts closed at 212.925 cents a pound, up 5.600 cents. April futures gained 5.675 cents to settle at 214.250 cents a pound. Most-traded January feeder cattle futures gained 8.050 cents to close at 315.125 cents a pound.




Canadian Financial Close: Loonie pushes above 71 cents

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar gained almost a quarter cent on Wednesday, getting some support from improved crude oil prices. The loonie closed at US$0.7113 or US$1=C$1.4059 compared to Tuesday’s close of US$0.7090 or US$1=C$1.4104. On the U.S. Dollar Index, the greenback dipped 0.069 of a point at