By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Tuesday morning, despite increases in crude oil prices. As of 8:36 am CDT, the loonie was at US$0.7234 or US$1=C$1.3824 compared to Monday’s close of US$0.7238 or US$1=C$1.3816. On the U.S. Dollar Index, the greenback shed 0.045 of a point […] Read more
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Canadian Dollar and Business Outlook: Loonie holding firm
Canadian Financial Close: Loonie weakens
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Monday, due to a lack of support from crude oil and despite the United States dollar also giving up ground. The loonie closed Monday at US$0.7238 or US$1=C$1.3816 compared to Friday’s close of US$0.7253 or US$1=C$1.3788. The U.S. Dollar Index […] Read more
North American grain/oilseed review: Canola falls with soy complex
Glacier FarmMedia — ICE canola futures were weaker on Monday, as a selloff in the Chicago soy complex spilled over to weigh on prices. Seasonal harvest pressure and a lack of significant export demand contributed to the declines. Canadian canola exports through the first six weeks of the 2025/26 marketing year of 575,000 tonnes compare […] Read more
ICE canola weaker at midday Monday
Glacier FarmMedia — The ICE Futures canola market was weaker at midday Monday, with losses in the Chicago soy complex accounting for some spillover selling pressure. The November contract fell to fresh six-month lows before uncovering some chart support to the downside. Relatively favourable weather conditions for the advancing harvest contributed to the declines, with […] Read more
Global Markets: World leaders meet at UN General Assembly
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. • World leaders will be meeting in New York this week for the annual United Nations General Assembly. Canada has officially recognized the state of Palestine at the UN, Prime Minister Mark Carney’s office announced on Sunday, with […] Read more
ICE canola finds new depths
Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued their downturn on Monday with the November contract falling to a six-month low. Harvest pressure and China’s tariffs on Canadian canola weighed on prices. The Chicago soy complex was down sharply with soyoil losing nearly one United States cent per pound due to favourable Midwestern […] Read more
Canadian Dollar and Business Outlook: Loonie eases back
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar slipped on Monday morning, as crude oil prices were lower. As of 8:44 am CDT, the loonie was at US$0.7243 or US$1=C$1.3807 compared to Friday’s close of US$0.7253 or US$1=C$1.3788. On the U.S. Dollar Index, the greenback was down 0.190 of a point at […] Read more
Canadian Financial Close: Loonie higher, TSX sets new record
Glacier FarmMedia – The Canadian dollar gained some ground on Friday and will end the week on a high note. The loonie closed at US$0.7253 or US$1=C$1.3788, compared to US$0.7248 or US$1=C$1.3797 on Thursday. The dollar ended last week at US$0.7221 or US$1=C$1.3848. The United States Dollar Index was up 0.30 of a […] Read more
North American Grain and Oilseed Review: Canola falls back
Trade, dollar weigh on U.S. values By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed lower on Friday, due to declines in comparable oil and the advancing Prairie harvest. There was weakness in Chicago soybeans and soyoil while soymeal eased back. Losses in European rapeseed and Malaysian palm oil added more […] Read more
ICE Canola Midday: Finding traction to the downside
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were lower late Friday morning, after starting the day trading either side of unchanged. “I don’t see anything that will move stuff dramatically,” an analyst said. Losses in Chicago soybeans and soyoil plus those in European rapeseed and Malaysian palm oil […] Read more