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.
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[...]
As the rest of July plays out, United States soybeans and corn will remain in a weather market, said Sean Lusk, vice-president of Walsh Commodity Hedging Services in Chicago.
Glacier FarmMedia — The Canadian dollar was softer Thursday morning, as the United States currency saw some strength internationally. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled currency markets on Wednesday, but Trump later walked back those comments. At 9:28 a.m. CDT the Canadian dollar was[...]
The Chinese embassy in Ottawa criticized duties slapped by Canada this week on Chinese imported steel, saying on Friday they violated World Trade Organization (WTO) rules and disrupted the global trade order.