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ICE canola midday: Monday’s bounce continues at midday

By Glen Hallick, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – ICE Futures canola contracts were up at midday Friday, as market was having a bounce according to a Winnipeg-based trader. “We’re a good $9 off of the lows on the overnights,” he said. The Commitment of Traders, he noted, showed that spec and short funds had […] Read more

ICE canola futures: Bids getting a bounce Monday morning

By Glen Hallick, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – ICE Futures Canola contracts were up Monday morning, as Friday’s drop in prices has left canola prices due for a bounce, according to a report. The May canola contract was up $4.30 to $458.20 per tonne. Also providing support were spring road bans on the Prairies, […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, March 25 (MarketsFarm) The Canadian dollar dropped over the weekend, following falling oil prices and market uncertainty. At 8:45 CDT Monday morning the Canadian dollar was at US$0.7444 or C$1.3434, which compares with Friday’s North American close of US$0.7457 or C$1.3411. Crude oil prices continue to drop, despite increasing […] Read more

Global Markets: Trump claims Mueller report fully exonerates him

By MarketsFarm WINNIPEG, March 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States Attorney General William Barr released a summary on Sunday of the report from Special Counsel Robert Mueller of his investigation of possible collusion between President Donald Trump and Russia. Barr stated […] Read more


ice futures

Canola fund short position continues to grow

MarketsFarm — Fund traders remained on the short side in the ICE Futures canola market during the week ended Tuesday, adding to their large net short position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators […] Read more

may corn

U.S. grains: Corn up on China buying, flood worries

Chicago | Reuters — U.S. corn futures rose to a 3-1/2-week high on Friday as China booked its largest purchase of the grain in more than five years and as flooding in the western U.S. Midwest raised concerns over spring planting. Technical selling and profit-taking later pulled corn from the highs, although the market closed […] Read more





Canadian Financial Close: Dollar, markets, and oil take a dive

By MarketsFarm WINNIPEG, March 22 (MarketsFarm) – The Canadian dollar continued its decline on Friday, following trends in global markets and crude oil prices. The Canadian dollar closed at US$.7457 or C$=1.3411, down from Thursday’s close of US$.7482 or C$=1.3366. The S&P/TSX Composite Index fell by 155.26 points to close at 16,089.33. The NASDAQ closed […] Read more

Winter weather drags on Manitoba cattle auction action

Buyers in the U.S. and down east are becoming less of a factor

More winter weather hit parts of southern Manitoba during the week ended March 15, disrupting some cattle auction activity. However, signs of spring were also starting to be felt across the province. While Manitoba may be getting some better weather, “it doesn’t look like Nebraska is,” said Allan Munroe of Killarney Auction Mart. Heavy flooding […] Read more