Global Markets: Israel, Hamas sign ceasefire

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There was jubilation in Israel and Gaza on Thursday, as Israel and Hamas signed a ceasefire agreement in Egypt. The deal comes after two years of war that has thoroughly devastated Gaza. Among



ICE canola turning lower in choppy trade

Glacier FarmMedia — The ICE canola market was trading to both sides of unchanged in choppy activity Thursday morning, with the bias turning to the downside. Losses in Chicago soyoil and soybeans accounted for some spillover selling pressure, while European rapeseed and Malaysian palm oil were both higher. The canola harvest is in its final




Canadian Financial Close: Loonie steady, gold adds onto new record

Glacier FarmMedia – The Canadian dollar remained relatively unchanged on Wednesday.       The loonie closed at US$0.7167 or US$1=C$1.3952, compared to US$0.7168 or US$1=C$1.3951 on Tuesday. Canadian Prime Minister Mark Carney said officials from Canada and the United States are currently negotiating terms on a new trade deal.       The United States Dollar Index was



North American Grain and Oilseed Review: Canola turns around to finish stronger

Gains all around in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Wednesday after trading to either side of unchanged. Increases in crude oil, the Chicago soy complex and Malaysian palm oil pulled canola out of its losses. Declines in MATIF rapeseed tempered further upswings. However, a


ICE Canola Midday: Logistical issues weaken prices

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange turned lower Wednesday morning following an earlier spate of choppy trading. A trader said there isn’t much to keep the “market lifted” and noted logistical issues have arisen due to the large Prairie harvest. “We’re hearing crushers are pushing away trucks,”