Global Markets: Retail sales down in September

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Retail sales in September fell 0.7 per cent at C$69.8 billion, Statistics Canada reported on Friday. Sales at motor vehicle and parts dealers dropped 2.9 per cent in September. However, gas stations and

ICE canola falling Friday morning

Glacier FarmMedia — ICE canola futures were weaker Friday morning, falling in sympathy with Chicago soyoil. European rapeseed and Malaysian palm oil were also down in overnight trade, with declines in crude oil behind some of the softness in the world vegetable oil markets. Weekly Canadian canola exports of 284,600 tonnes during the week ended








Canadian Financial Close: Loonie, stock markets down

Glacier FarmMedia – The Canadian dollar closed at its lowest level in two weeks on Thursday.      The loonie dropped to US$0.7102 or US$1=C$1.4080, compared to US$0.7123 or US$1=C$1.4040 on Wednesday.      The United States Dollar Index was up 0.02 of a point at 100.25. The U.S. Labor Department confirmed on Wednesday it will not

North American Grain and Oilseed Review: Weakness in veg oils erode canola’s increases

Another day of losses in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures were virtually unchanged on Thursday, unable to retain their gains from earlier in the session. Although canola tried to resume its post-harvest upward trend, pressure from losses in the Chicago soy complex and Malaysian palm oil proved to be too much to fend



ICE Canola Midday: Resuming seasonal trend upward

Mixed support from comparable oils

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were clinging to small increases on Thursday morning, as part of the seasonal trend to climb higher following the end of harvest, an analyst said. The analyst added that canola could be still trying to catch up to the increases made by Chicago