ICE canola firm at midday Friday

Glacier FarmMedia — The ICE Futures canola market was stronger at midday Friday, finding some direction from gains in Chicago soyoil. Trade talks between Canadian foreign minister Anita Anand and her Chinese counterpart brought renewed optimism that a resolution to the countries’ tariff dispute could be reached and contributed to the gains in canola. However,




Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar remained rangebound Friday morning, lacking any clear direction.      At 9:02 a.m. CDT the Canadian dollar was trading at US$0.7120 or US$1=C$1.4045 which compares with Thursday’s close of US$0.7118 or US$1=C$1.4048.      Speaking in Washington, D.C., on Thursday Bank of Canada Governor Tiff Macklem said the growth outlook remained


ICE canola in positive territory

Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed independent strength on Friday morning amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil made gains while European rapeseed was lower. Crude oil prices were mostly steady. The Canadian dollar was up less than one-tenth of a United States cent compared to




Canadian Financial Close: C$ holding steady

Glacier FarmMedia — The Canadian dollar held steady on Thursday.      The Canadian dollar settled at US$0.7118 or US$1=C$1.4048, which compares with Wednesday’s close of US$0.7120 or US$1=C$1.4045.      Speaking in Washington, D.C., Bank of Canada Governor Tiff Macklem said the growth outlook remained “soft” for the country. “We do expect growth in the second