Canadian Financial Close: Canadian dollar lower on Wednesday

WINNIPEG, Sept. 18 (MarketsFarm) – The Canadian dollar was slightly lower on Wednesday, continuing a week of stable activity The dollar finished the day at US$0.7535 or US$1=C$1.3271, which compares with Tuesday’s close of US$0.7543 or US$1=C$1.3257. Global equities were mixed following the United States Federal Reserve cutting interest rates for the second time this […] Read more

North American Grain and Oilseed Review: Canola lacking in direction

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed Wednesday, as there was little to influence bids either way to a great extent. The front months were slightly lower and there were gains for the deferred months. A weather premium has continued to be in place as […] Read more

ICE canola midday: Bids moving to high end of range

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – ICE Futures canola contracts were higher at midday Wednesday but still range-bound, according to a Winnipeg-based trader. “It’s gravitating towards the high end of the range,” he said. The trader suggested there could be some support from the Canadian dollar, which was at 75.38 U.S. cents, […] Read more


Canadian dollar and business outlook

WINNIPEG – The Canadian dollar was holding steady Wednesday morning, as currency traders await the latest interest rate announcement from the United States Federal Reserve. At 9:17 CDT Wednesday morning the Canadian dollar was at US$0.7541 or C$1.3261 which compares with Tuesday’s North American close of US$0.7543 or C$1.3257. The U.S. Fed is generally expected […] Read more

Global Markets: Damaged oil facilities repaired by end of month

By MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Saudi Arabia said on Wednesday that the oil processing facilities damaged in a Sept. 14 drone attack will be fully repaired by the end of this month. The attack, of which Houthi rebels […] Read more


ICE canola weaker Wednesday

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – The ICE Futures canola market was slightly weaker on Wednesday, following trends set during overnight trade. Canola prices followed trends set by soybeans on the Chicago Board of Trade, which were also lower. The USDA has reported soybean sales to China have totaled 720,000 tonnes in […] Read more

Canadian Financial Close: Canadian dollar remains steady

By MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – The Canadian dollar was steady on Tuesday, as crude oil prices settled back down following a record 30-year jump. The dollar finished the day at US$0.7543 or US$1=C$1.3257, which compares with Monday’s close of US$0.7548 or US$1=C$1.3248. Also last Friday, the dollar closed at US$0.7543. Global equities bounced […] Read more

North American Grain and Oilseed Review: Canola finishes steady

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady Tuesday just as the Prairie harvest was picking up the pace. There were slight losses for the nearby contracts while the deferred contracts saw small increases. A trader said farmers have been selling off of the combine and […] Read more


ICE canola midday: Bids falling back as harvest progresses

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday as the Prairie harvest has been picking up pace, said a Winnipeg-based trader. He noted there has been an increased amount of “selling off of the combine” and farmers still have a great deal of canola in […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Sep. 17 (MarketsFarm) – The Canadian dollar was slightly weaker Tuesday morning, as crude oil prices edged lower after Monday’s rally. At 8:39 CDT Tuesday morning the Canadian dollar was at US$0.7538 or C$1.3266 which compares with Monday’s North American close of US$0.7548 or C$1.3248. Crude oil jumped sharply higher on Monday […] Read more