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StatsCan wheat acres watched closely

CNS Canada — Persistent concerns over the state of the U.S. spring wheat crop should place more attention than normal on Canada’s wheat area when Statistics Canada releases updated acreage estimates on Thursday. Ahead of the report, trade estimates for all-wheat area range from 21.5 million to 23.2 million acres, which would compare with the […] Read more

one dollar banknote among wheat grains

U.S. grains: CBOT wheat falls on profit-taking

Chicago | Reuters — Chicago Board of Trade wheat prices fell about two per cent on Monday, extending their slide to four sessions on profit-taking after a run-up to one-year highs last week, analysts said. Corn and soybeans rose in a light recovery bounce from multimonth lows set last week, and Minneapolis Grain Exchange spring […] Read more



Canadian Financial Close: Capital goods report weighs down US$

Capital goods report weighs down US$ By Commodity News Service Canada WINNIPEG, June 26 – The Canadian dollar recorded a slight gain against its US counterpart on Monday. The loonie was propped up by gains in crude oil and natural gas. The American greenback softened against most of the other major currencies. Demand for US […] Read more


Feed Grains: Canadian barley area likely down on the year

By Commodity News Service Canada WINNIPEG, June 26 (CNS Canada) – Average trade estimates are calling for a slight downward revision in Canadian barley seedings in 2017 compared to the previous year, with Statistics Canada’s field crop area report on June 29 expected to shed some light on the extent of the decline. Barley area […] Read more

Pulses: Dry weather looms over AUS pulse fields

By Commodity News Service Canada Winnipeg, June 26 – Dry winter weather is starting to take its toll on crops in Australia. Both southern Queensland and northern New South Wales badly need rain, according to a report by farmonline. The dry conditions come at a bad time; chickpea prices have fallen over the past month […] Read more


North American Grain/Oilseed Review: Canola down, but beans up

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 26 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Monday, as bearish chart signals weighed on values. Strength in the Canadian dollar and losses in Chicago Board of Trade soyoil contributed to the softer tone in canola, according to participants. Relatively favourable North […] Read more

ICE canola weaker at midday Monday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 26 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Monday, as speculative selling kept the market under pressure to start the week. In addition to the bearish chart signals, canola was also pressured by strength in the Canadian dollar and losses in […] Read more


ICE Canola Lower with US Soy

By Dave Sims, Commodity News Service Canada WINNIPEG, June 26 – Canola contracts on the ICE Futures Canada platform were lower Monday morning due to strength in the Canadian currency. The Canadian dollar was about a quarter of a cent higher relative to its US counterpart, which made canola less attractive to international buyers. Weakness […] Read more

Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, June 26 (CNS Canada) The Canadian dollar was firmer Monday morning, with gains in crude oil behind some of the strength. At 9:07 CDT Monday morning the Canadian dollar was at US$0.7563 or C$1.3222 which compares with Friday’s North American close of US$0.7537 or C$1.3268. Oil was due for […] Read more