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China seen set to become world’s second-biggest wine market

Paris | Reuters — China is set to overtake Britain and France to become the world’s second-largest wine consumer by value behind the U.S. by 2020 as consumers turn to more middle-range wines, the International Wine and Spirit Research (IWSR) organization said Thursday. In a study for wine fair Vinexpo it forecast Chinese wine consumption […] Read more



Canadian Financial Close: C$ weakens as GDP holds steady

By Commodity News Service Canada WINNIPEG, April 28 (CNS Canada) – The Canadian dollar was weaker on Friday, as the country’s Gross Domestic Product held steady in the latest report. The Canadian dollar closed at US$0.7320 or US$1=C$1.3662, which compares with Thursday’s close of US$0.7339, or US$1=C$1.3624. Canada’s GDP was unchanged in February compared to […] Read more



Pulses: Canadian pea exports show no signs of slowing down

By Commodity News Service Canada Winnipeg, April 28 (CNS Canada) – Canada exported 128,900 tonnes of peas during the week ended April 23, according to the latest Canadian Grain Commission data, bringing year-to-date pea exports to 2.95 million tonnes. Pea exports are running about 900,000 tonnes ahead of the previous year’s pace. Canadian lentil exports […] Read more

Good quality and lots of bidding

It was a great combination for the last sheep and goat sale before Easter

’Twas two days before Good Friday and the buyers were anxious. Their orders weren’t filled and of this they were conscious. It set the stage for some bidding gone wild. If into the ring enough sheep and goats filed. That was the setting just two days before the key holiday season for sheep and goat […] Read more



Feed grains: IGC expects heavy grain stocks

By Commodity News Service Canada WINNIPEG, April 28 (CNS Canada) – Global stocks of grain are expected to fall less than previously projected, according to data from the International Grains Council. The IGC expects stocks in 2017/18 to reach 491 million tonnes. Corn futures at the Chicago Board of Trade closed about one to four […] Read more



ICE canola mixed at midday Friday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 28 (CNS Canada) – ICE Futures Canada canola contracts were mixed at midday Friday, with losses in the front months and gains in the new crop contracts. Losses in the Chicago Board of Trade soy complex accounted for some spillover selling pressure in canola, with large […] Read more

ICE canola mixed in early activity

By Jade Markus, Commodity News Service Canada WINNIPEG, April 28 – ICE Canada canola contracts were mixed in early activity on Friday. Front contracts were feeling the bearish effects of farmer selling. Weakness in the Chicago Board of Trade soy complex was also a feature. The front May contract saw the steepest declines, as traders […] Read more