Chicago Board of Trade soybean futures touched a two-week high on Friday on worries that heat may threaten U.S. crops and expectations that the country's biofuel policy would boost demand for soyoil, analysts said.
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North American Grain and Oilseed Review: Canola swings upward
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures climbed higher on Tuesday, getting a boost from gains in Chicago soyoil and European rapeseed. Attempts to encourage more farmer selling was another reason for canola turning positive on Tuesday. However, the Canadian oilseed’s increases were tempered by declines in Chicago soybeans[...]
U.S. grains: Corn rebounds from contract lows on short covering, bargain buying
Bargain buying and short covering lifted U.S. corn futures on Monday after the market slid to contract lows on expectations for strong U.S. output, traders said.
ICE Canola Midday: Canola following gains in soyoil
By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were on the rise late Tuesday morning, being underpinned by support from comparable oils, said a broker. The broker pointed to the increases in Chicago soyoil in particular, which was up by about 7/10ths of a U.S. cent per pound. He added[...]
U.S. livestock: Cattle prices down, hogs rise again
Live and cattle futures on the Chicago Mercantile Exchange retreated for a second session, while lean hogs extended their rally. The August live cattle contract declined by 12.5 U.S. cents per hundredweight to end the day at US$223.550 and showing a weekly gain of US$1.350. October live cattle lost 50 cents/cwt. to close at US$219.825,[...]
North American Grain and Oilseed Review: Canola falls hard
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned weaker on Wednesday, despite support from gains in the Chicago soy complex and Malaysian palm oil. Speculation that a deal would see China reopen its borders to Australian canola likely accounted for some of the selling pressure. A trader said he[...]
U.S. grains: Corn futures edge up, soybeans sag on improving US crop ratings
Chicago Board of Trade corn futures extended slight gains on Tuesday as short covering and bargain buying continued to support a rebound from contract lows reached during the previous session.
U.S. pulse group commits to doubling production in five years
The pulse industry in the United States has plans to double production and consumption of pulse crops by 2030, USA Pulses announced at their annual conference held in Spokane, Washington, July 7-10.
Canada’s annual inflation rate in June up slightly to 1.9 per cent
Canada's annual inflation rate rose to 1.9 per cent in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data showed on Tuesday.
Second Harvest redirecting surplus food to those in need
Second Harvest, billed as Canada's largest food rescuer, was on hand at Ag in Motion in Langham, Saskatchewan, from July 15 to 17 to connect with farmers and raise awareness of their presence on the Prairies.
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