ICE Midday: Canola, crude oil move higher

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were showing small gains in the middle of Thursday trading, receiving support from comparable oils. Chicago soyoil and European rapeseed were higher, while Malaysian palm oil was lower. Chicago soybeans and soymeal also turned negative. Crude oil gained more than US$1 per barrel amid growing tensions […] Read more



Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding steady Wednesday morning. At 8:56 a.m. CST the Canadian dollar was trading at US$0.7308 or US$1=C$1.3684 which compares with Wednesday’s close of US$0.7307 or US$1=C$1.3685. Quarterly earnings data from more major Canadian banks continued to top analysts’ expectations, with RBC, TD Bank and CIBC all showing increased […] Read more

Global Markets: U.S., Iran meet for peace talks

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – The United States and Iran will hold indirect peace talks in Geneva on Thursday to reach a deal over Iran’s nuclear program and avoid a potential war. The U.S. wants restraints on Iran’s nuclear program as […] Read more


ICE Canada Morning Comment: Canola bumps up

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mostly higher on Thursday morning, underpinned by gains in the Chicago soy complex and MATIF rapeseed. Declines in Malaysian palm oil tempered the upswing in canola, while lower crude oil weighed on the vegetable oils. The May canola contract remained well above […] Read more



Canadian financial close: C$ strengthens Wednesday

Glacier FarmMedia — The Canadian dollar was stronger on Wednesday. The Canadian dollar settled at US$0.7307 or US$1=C$1.3685, which compares with Tuesday’s close of US$0.7295 or US$1=C$1.3708. Solid corporate earnings data from the Bank of Montreal and the National Bank of Canada lent some support to the currency. Canadian Prime Minister Mark Carney will visit […] Read more