By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, getting support from gains in most comparable oils. There were increases in Chicago soybeans and soyoil, while soymeal edged lower. Malaysian palm oil was higher but European rapeseed was mixed. As crude oil advanced, its spillover underpinned the […] Read more
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ICE Canada Morning Comment: Canola off to a positive start
Canola council takes umbrage with fed's announcement
Canadian Financial Close: Loonie stands pat
Losses in greenback, crude cancel each other
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was unchanged on Friday as weakness in the United States and crude oil countered each other. The loonie remained at Thursday’s close of US$0.7231 or US$1=C$1.3829. Meanwhile, the U.S. Dollar Index lost 0.584 of a point at 97.720. Benchmark crude oil prices pulled […] Read more
North American Grain and Oilseed Review: Canola loses momentum
Lots of red in Chicago
By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures failed to retain their gains on Friday, unable to withstand pressure from Chicago soy. Canola turned higher earlier in today’s session following news of China extending its investigation into allegations of canola dumping by Canada and a Canadian trade delegation heading to China […] Read more
ICE Canola Midday: Factors combine for upward swing
Feds to announce funding for canola, biofuels
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange continued to rise on Friday morning, with what a trader said was a combination of factors. “We had a nice turn off of the lows yesterday,” the trader said, pointing to canola’s technicals, adding that there had been some short covering. […] Read more
Global Markets: China extends canola dumping investigation
An opportunity for more Ottawa-Beijing negotiations
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. China’s Ministry of Commerce announced on Friday that it’s extending its investigation into alleged canola dumping by Canada to March 2026. The move allows for an additional six months of […] Read more
ICE canola rising Friday morning
Glacier FarmMedia — ICE canola futures were posting solid gains Friday morning, seeing a continuation of Thursday’s correction off five-month lows. China’s Ministry of Commerce said Friday it would prolong its anti-dumping probe into Canadian canola for six months, with a final ruling now not expected until March 9, 2026. The extension raised some optimism […] Read more
Canadian Dollar and Business Outlook: Loonie retaking lost ground
Weakness in greenback
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar tacked on about a tenth of a cent Friday morning, as its United States counterpart stepped back. As of 8:39 am CDT, the loonie was at US$0.7243 or US$1=C$1.3805 compared to Thursday’s close of US$0.7231 or US$1=C$1.3829. On the U.S. Dollar Index, the greenback […] Read more
Canadian Financial Close: Loonie, crude oil lower
Glacier FarmMedia – The Canadian dollar eased off on Thursday. The loonie closed at US$0.7231 or US$1=C$1.3829, compared to US$0.7250 or US$1=C$1.3794 on Wednesday. Statistics Canada reported this morning that Canada’s merchandise trade deficit was at C$4.9 billion in July, compared to C$6 billion in June. Canada’s trade surplus with the United States grew by […] Read more
North American Grain and Oilseed Review: Canola finds a positive note
U.S. soy, corn tack on gains as wheat falls back
By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures turned around on Thursday close higher despite a lack of support. There were small upticks in the Chicago soy complex and Malaysian palm oil, while European rapeseed stepped back. Moderate declines in crude oil put pressure on the vegetable oils. An analyst said […] Read more
ICE Canola Midday: Looking to turn positive
Despite absence of support
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were attempting to shed their losses on Thursday morning, despite little support from comparable oils. An analyst said canola has been dropping back this week due to increased yield expectations for this year and China’s tariffs on Canadian canola seed and […] Read more
