By Glen Hallick Glacier FarmMedia | MarketsFarm – The doldrums for the Canadian dollar continued on Friday morning with more declines. As of 8:46 am CDT, the loonie was at US$0.7184 or US$1=C$1.3920 compared to Thursday’s close of US$0.7196 or US$1=C$1.3897. On the United States Dollar Index, the greenback bumped up 0.054 of a point […] Read more
Archives
Canadian Dollar and Business Outlook: Loonie keeps back peddling
Little movement in U.S. greenback
Canadian Financial Close: More losses for loonie
Canuck buck down more than 6/10ths over the last week
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped below 72 U.S. cents on Thursday, as its downturn pressed on for a seventh consecutive session. The loonie finished at US$0.7196 or US$1=C$1.3897, compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. Over the last week, it has dropped 0.64 of a cent. […] Read more
North American Grain and Oilseed Review: Canola swings higher with soy
A positive day for U.S. soy, corn, wheat
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Thursday, gleaning ample spillover from sharp increases in Chicago soyoil and soybeans. There was additional support from gains in European rapeseed and Malaysian palm oil. Upticks in crude further underpinned the vegetable oils. The strong session came despite a […] Read more
ICE Canola Midday: Reclaiming more lost ground
AAFC production hike having little effect
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were stronger on late Thursday morning, as they continued to take back the losses they incurred from China’s tariff on canola seed. Support for canola was coming from sharp gains in Chicago soyoil and soybeans, as well as from upticks in Malaysian palm […] Read more
Global Markets: Canola tariffs to be key point in Moe, MacDonald meeting
Canola seed slapped with levies of nearly 76 per cent
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Saskatchewan Premier Scott Moe is set to meet with federal Agriculture Minister Heath MacDonald in Saskatoon on Thursday. They will discuss China’s recent tariffs on Canadian canola seed along with […] Read more
ICE canola makes morning gains
Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed strength on Thursday morning, despite a bearish report from Agriculture and Agri-Food Canada and mixed comparable oils. In its monthly report released on Wednesday, AAFC raised its 2025-26 canola production estimate to 20.1 million tonnes compared to 17.8 million the previous month. Statistics Canada will release […] Read more
Canadian Dollar and Business Outlook: Loonie still losing ground
Dips below 72 U.S. cents
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased below 72 U.S. cents on Thursday morning, as its United States counterpart rose slightly and crude oil was relatively firm. As of 8:36 am CDT, the loonie was at US$0.7198 or US$1=C$1.3892 compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. On the U.S. […] Read more
Canadian Financial Close: Another dip for the loonie
Greenback steady, crude higher
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped a little lower on Wednesday, unable to latch on to support from crude oil. The loonie finished at US$0.7212 or US$1=C$1.3866, compared to Monday’s close of US$0.7219 or US$1=C$1.3852. The United States Dollar Index tacked on 0.026 of a point at 98.145. […] Read more
North American Grain and Oilseed Review: About-face for canola to correct higher
Positive traction for U.S. soybeans, corn, wheat
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gained some traction on Wednesday, correcting higher after two sessions of losses. Good weather across the Prairies has continued to weigh on values. An analyst said the rains in August averted what was likely a below average canola crop. The analyst also […] Read more
ICE Canola Midday: Either side of unchanged
Good weather holding back rally
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were bouncing either side unchanged on Wednesday morning, with a rally quite unlikely said an analyst. The change in weather, away from the dry conditions earlier this summer, has been impacting the futures the analyst said. He forecast the canola harvest to be […] Read more
