Latest articles

ICE canola corrects higher as Canadian dollar weakens

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 18 (CNS Canada) – ICE Futures canola contracts were stronger at midday Tuesday, with weakness in the Canadian dollar providing support. “We came down pretty hard and were due for a bounce,” said a canola trader accounting for the strength in the market. Gains in Chicago […] Read more

Global Markets: Federal aid on its way to Alberta

By Commodity News Services Canada WINNIPEG, Dec. 18 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – In light of protests in Alberta over the Government of Canada having done little to help the province’s troubled oil and gas industry, today the feds will announce a […] Read more

ICE canola up with soy

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Dec. 18, 2018 (CNS Canada) – ICE Futures canola contracts are stronger in morning trade, following the lead of the soy complex. Chicago Board of Trade soybean, oil and meal contracts are also all stronger. While there have not been anymore soybean purchases from China, United […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Dec. 18 (CNS Canada) The Canadian dollar was slightly weaker Wednesday morning, as losses in crude oil weighed on the energy-linked currency. At 8:50 CST Tuesday morning the Canadian dollar was at US$0.7452 or C$1.3419 which compares with Monday’s North American close of US$0.7463 or C$1.3399. Canadian manufacturing sales […] Read more

Klassen: Feeder market bounces off recent lows

Compared to last week, yearlings traded $5 to as much as $10 higher while calf markets strengthened by $4-$8. Southern Alberta experienced winds of extreme nature over the past few weeks, which caused buyers to shy away from the market; however, with year-end right around the corner, pent-up demand stepped forward with a vengeance in […] Read more

lean hogs

U.S. livestock: Lean hogs drop on technical selling

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a third straight session on Monday as technical selling and profit-taking dragged prices to a 4-1/2-week low. Another steep sell-off in equities markets also stoked concerns that meat demand may not meet earlier expectations over the coming months. “Today we sucked more futures […] Read more

North American Grain/Oilseed Review: Canola narrowly mixed

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Dec. 17 (CNS Canada) – ICE Futures canola contracts ended mixed on Monday, with a firmer tone in the front months and losses in the more deferred positions. While gains in Chicago Board of Trade soybeans were supportive, soyoil was lower and canola traders showed a reluctance […] Read more