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Canadian Financial Close: TSX rises with gold

By Commodity News Service Canada WINNIPEG, March 27 – The Canadian dollar finished mostly unchanged against its US counterpart on Monday, as investors hung to the sidelines after US President Donald Trump failed to pass his health-care bill. Losses in crude oil were offset by gains in gold. The Canadian dollar closed at C$0.7476 or […] Read more

Pulses: AUS chickpeas to feel bite of canola

By Dave Sims, Commodity News Service Canada Winnipeg, March 27 – Large calibre kabuli chickpeas rose during the past week, according to the Prairie Ag Hotwire. Nine millimetre varieties climbed three cents per pound while 10 millimetres finished four cents higher. The drought situation in the US is becoming clearer. According to the US Drought […] Read more


Feed Grains: Russian grain exports running slightly behind

By Commodity News Service Canada WINNIPEG, March 27 (CNS Canada) – Russia exported 26.2 million tonnes of grain as of March 17 during the crop-year-to-date, according to a report from UkrAgroConsult. That’s down slightly from the pace seen the previous year due largely to a decline in barley exports. Both wheat and corn exports were […] Read more

EU nations vote against GM crops, but not enough to block them

Brussels | Reuters — A majority of EU countries voted on Monday against allowing two new genetically modified crops to be grown in Europe, batting the contentious decision on GM cultivation in Europe back to the EU executive. EU governments were asked to vote on the future of two grades of GM maize, Pioneer’s 1507 […] Read more


North American grain and oilseed review: Canola closes stronger

By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, March 27 (CNS Canada) – ICE Futures Canada canola closed stronger on Monday, underpinned by losses in the Canadian dollar and fund buying. The loonie handed back gains against its US counterpart on Monday, which is bullish for canola as it makes the commodity […] Read more

JBS weighs suspending U.S. IPO

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, will decide in coming days whether to suspend listing its overseas operations after a corruption scandal, newspaper Folha de S. Paulo said Monday. A person involved in the deal told Reuters last week JBS had no intention of delaying the US$1 billion […] Read more


ICE canola prices reverse at midday

By Jade Markus, Commodity News Service Canada WINNIPEG, March 27 – ICE Canada canola contracts were higher at midday on Monday, as the market recovered from earlier weakness. In early activity on Monday, canola felt pressure from unconfirmed reports of cancelled orders at the tail-end of last week. “There was some initial panic-selling Monday morning, […] Read more

ICE Canola Lower To Start Week

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 27 (CNS Canada) – ICE Canada canola contracts were lower Monday morning, as declines in the Chicago Board of Trade soy complex weighed on values. Bearish technical signals contributed to the losses in canola, as last week’s sharp declines did damage from a chart standpoint, according […] Read more