Canadian Financial Close: Canadian dollar remains strong

By MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The Canadian dollar was stronger at market close on Friday. The dollar finished the day at US$0.7670 or US$1=C$1.3038, which compares with Thursday’s close of US$0.7651 or US$1=C$1.3071. Global stocks remain high thanks to modest gains in technology and industrial sectors. Investors remain focused on the United States […] Read more

North American Grain/Oilseed Review: Jump in soybeans boosts canola prices

By Glen Hallick, MarketsFarm WINNIPEG, July 12 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Friday, due to spillover from a sharp jump in Chicago soybean prices. Despite improving soil moisture levels across the Prairies, there remain some areas with dry conditions, which also provided support for canola bids. While the United […] Read more

ICE canola midday: With no urgency market is ‘lifeless’

By Glen Hallick, MarketsFarm WINNIPEG, July 12 (MarketsFarm) – ICE Futures canola contracts were trading either side of steady at midday Friday, as light volumes have continued to be a major feature. Besides less activity, as often been the case as the July contract is about to come off the board and the crop year […] Read more


ICE canola steady ahead of weekend

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Friday morning in thin and choppy activity. The market was thought to be seeing some consolidation, as traders adjusted positions ahead of the weekend. While improving crop conditions in parts of the Prairies put pressure on values, enough […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, July 11 (MarketsFarm) The Canadian dollar was stronger on Friday morning. At 8:30 CDT, the Canadian dollar was at US$0.7651 or C$1.3071, which compares with Thursday’s North American close of US$0.7638 or C$1.3092. Global stock markets remained strong all week, with the S&P 500 closing at a record high on Thursday. Reports […] Read more


Global Markets: Barry to test Louisiana flood defences

By MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Tropical Storm Barry will put Louisiana’s post-Katrina flood defences to the test this weekend, in particular those of New Orleans. As of Friday, Barry was forecast to bring winds in excess of 80 […] Read more

Canadian Financial Close: Canadian dollar remains strong

WINNIPEG, July 11 (MarketsFarm) – The Canadian dollar was slightly up at market close on Thursday. The dollar finished the day at US$0.7651 or US$1=C$1.3071, which compares with Wednesday’s close of US$0.7638 or US$1=C$1.3092. Canada’s main stock index, the Toronto Stock Exchange, moved lower at market close, but the Dow Jones industrial average inched over […] Read more

North American Grain/Oilseed Review: Uncertainty creates less activity

By Glen Hallick, MarketsFarm WINNIPEG, July 11 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Thursday, in a light volume of trading. A Winnipeg-based trader commented he isn’t entirely sure why there has been less activity this week, with spec traders largely absent. One reason he offered was the uncertainty from the […] Read more


ICE canola midday: Quiet trading ahead of USDA report

By Glen Hallick, MarketsFarm WINNIPEG, July 11 (MarketsFarm) – ICE Futures canola contracts were steady at midday Thursday, in yet another day of light activity. A Winnipeg-based trader said he wasn’t sure why volumes have been light this week. He suggested one reason could be farmers have been spraying their crops. The absence of spec […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, July 11 (MarketsFarm) The Canadian dollar was stronger on Thursday morning. At 8:30 CDT, the Canadian dollar was at US$0.7658 or C$1.3058, which compares with Wednesday’s North American close of US$0.7638 or C$1.3092. Stock markets reacted positively after investors digested United States Federal Reserve Chair Jerome Powell’s testimony to Congress on Wednesday. […] Read more