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Canadian Financial Close: Loonie steady, crude oil declines

Glacier FarmMedia – The Canadian dollar was virtually unchanged on Friday as markets awaited U.S. and Iran peace talks to start Saturday in Pakistan.      The loonie closed at US$0.7233 or US$1=C$1.3825, compared to US$0.7235 or C$1=C$1.3821 on Thursday. The United States Dollar Index declined 0.15 of a point at 98.67.      Crude oil prices

CBOT review: Soybeans rise with soymeal

SOYBEAN futures at the Chicago Board of Trade were stronger on Friday, underpinned by solid crush margins and pre-weekend positioning. Adjustments to the soyoil/meal spread favoured meal, with soyoil futures posting losses. Soymeal received a boost from news of private export sales of 100,000 tonnes of U.S. soymeal to Italy. The tenuous ceasefire in the


ICE review: Canola weakens with soyoil Friday

Glacier FarmMedia — The ICE Futures canola market was lower at Friday’s close, as losses in Chicago soyoil weighed on values. Chart-based selling contributed to the declines, with prices near their lowest levels of the past month. May canola traded just above chart support at its 50-day moving average. Ongoing uncertainty over the war in



ICE canola weaker at midday Friday

Glacier FarmMedia — ICE Futures canola contracts were mostly lower at midday Friday, as losses in Chicago soyoil and positioning ahead of the weekend weighed on values. Malaysian palm oil was also weaker, but European rapeseed and Chicago soybeans were higher on the day. May canola traded just above chart support at its 50-day moving




ICE Canada Morning Comment: Canola stepping back

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mostly lower on Friday morning, with increases in the more deferred contracts. Losses in Malaysian palm oil and Chicago soyoil weighed on canola values, while support came from gains in MATIF rapeseed as well as Chicago soybeans and soymeal. Crude oil was


Canadian Financial Close: Loonie, crude oil on the rise

Glacier FarmMedia – The Canadian dollar gained ground against the United States dollar on Thursday as crude oil prices recovered some of Wednesday’s losses.      The loonie closed at US$0.7235 or US$1=C$1.3821, compared to US$0.7220 or C$1=C$1.3851 on Wednesday. The United States Dollar Index declined 0.37 of a point at 98.76.      The temporary ceasefire

CBOT review: Soybeans rise, grains down Thursday

Glacier FarmMedia — SOYBEAN futures at the Chicago Board of Trade posted small gains Thursday, as advances in crude oil provided some support. The U.S. Department of Agriculture released updated supply/demand estimates, leaving its U.S. soybean ending stocks projection for 2025-26 at 350 million bushels, after lowering exports by 35 million bushels and raising domestic