The Canadian government proposed several months ago to increase the compensation rate from 80 to 90 per cent and double the maximum payment from $3 million to $6 million
Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.
Chicago Mercantile Exchange cattle futures continued to rally on Tuesday, with feeder contracts setting new all-time highs, as U.S. cash prices remained firm and domestic supplies of replacement animals continued to shrink, market analysts said.
Chicago Board of Trade soybean futures hit their highest level in more than a week on Thursday as technical buying helped the market recover from a three-month low reached on Monday, analysts said.
China’s soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil.
Glacier FarmMedia — The Canadian dollar was holding near unchanged Monday morning. At 9:08 a.m. CDT the Canadian dollar was trading at US$0.7302 or US$1=C$1.3695 which compares with Friday’s close of US$0.7308 or US$1=C$1.3684. Canadian wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) were up 0.1 per cent in[...]
Glacier FarmMedia — The Canadian dollar was slightly firmer Friday morning, as financial markets reacted to optimistic trade updates, including a deal on dairy with New Zealand and talk that Canada was advancing discussions with South America’s Mercosur group. At 9:39 a.m. CDT the Canadian dollar was trading at US$0.7288 or US$1=C$1.3721 which compares with[...]