By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back a tenth of a cent on Monday, due to sharp declines in crude oil while losses in the United States dollar tempered any further pull backs. The loonie closed at US$0.7183 or US$1=C$1.3921 compared to Friday’s close of US$0.7173 or US$1=C$1.33941. […] Read more
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Canadian Financial Close: Loonie dips with drop in crude
North American Grain/Oilseed Review: Canola drops, U.S. grain mixed
Glacier FarmMedia — Canola futures on the Intercontinental Exchange ended Monday on a low note, being pressured by the harvest, weaker comparable oils and by the funds shifting from a near record long to going short. Agriculture and Agri-Food Canada released its September principal field crop estimates on Friday, using Statistics Canada data. The 2025-26 […] Read more
ICE Midday: Canola under pressure from oils, harvest
Glacier FarmMedia – Canola futures on the Intercontinental Exchange took another step lower in the middle of Monday trading, weakened by comparable oils and harvest pressure. Agriculture and Agri-Food Canada released its September principal field crop estimates on Friday, using Statistics Canada’s numbers to project the 2025-26 canola crop at 20.028 million tonnes, below some […] Read more
Global Markets: AAFC releases September estimates
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Agriculture and Agri-Food Canada released its September principal field crop estimates on Sept. 26. The production forecast for 2025-26 canola was 20.028 million tonnes. Some in the trade believe the crop could exceed 21 million. Exports […] Read more
ICE Canada Morning Comment: Canola to the downside
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures slipped back on Monday morning, due to pressure from losses in comparable oils. Chicago soybeans and soyoil plus Malaysian palm oil were to the downside while MATIF rapeseed was mixed. Losses in crude oil added more pressure on the vegetable oils. Agriculture and […] Read more
Canadian Dollar and Business Outlook: Loonie higher, crude oil sinks
Glacier FarmMedia – The Canadian dollar made a small gain coming out of the weekend on Monday morning. The loonie was at US$0.7178 or US$1=C$1.3931 as of 8:27 a.m. CDT, compared to Friday’s close at US$0.7173 or US$1=C$1.3941. The United States Dollar Index was down 0.30 of a point at 97.86. Crude […] Read more
Canadian Financial Close: Loonie down, ends terrible week
Glacier FarmMedia – The Canadian dollar took another step back on Friday, resulting in a sharp weekly drop. The loonie closed at US$0.7173 or US$1=C$1.3941, compared to US$0.7180 or US$1=C$1.3927 on Thursday. The closing price one week ago was US$0.7253 or US$1=C$1.3787. Statistics Canada reported today that the country’s economy expanded by 0.2 […] Read more
ICE Canola Midday: Losing ground in ‘direction-less’ trade
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange slipped back late Friday morning, in what an analyst called “direction-less” trade. “Things are pretty much a typical Friday trading day ahead of the weekend,” the analyst said. While canola gleaned support from the Chicago soy complex, Malaysian palm was to […] Read more
Global Markets: GDP up in July says StatCan
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada’s economy improved in July, Statistics Canada reported on Friday. StatCan said the country’s gross domestic product was up 0.2 per cent that month. The goods-producing industries rose 0.6 per cent and services-producing […] Read more
ICE canola returns to the red
Glacier FarmMedia – Canola futures on the Intercontinental Exchange turned lower on Friday morning amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly higher. Crude oil also made gains due to supply risks in Russia and a draw in United States stockpiles. The Canadian dollar […] Read more
