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soybean plantation in Brazil

Brazil may raise farm subsidies despite belt-tightening

Brasilia | Reuters — Brazil could double spending on subsidized farm insurance in 2020 and may expand subsidized loans, the country’s agriculture policy secretary said on Thursday, even though the new government’s economic team has pledged to cut spending. The negotiations on next year’s farm subsidies highlight the powerful agribusiness lobby’s struggle to preserve benefits […] Read more



feedlot

Feed weekly outlook: Markets steady amid cold Alberta weather

Excessively cold temperatures in Alberta may be causing headaches for both feed grain buyers and sellers, but prices remain relatively steady for what’s moving. The cold weather hasn’t really led to a significant increase in demand, but “it’s definitely made the farmer grumpy,” said Brandon Motz of CorNine Commodities in Lacombe, Alta. “In general, the […] Read more



Canadian Financial Close: Loonie slips on drop in manufacturing sales

Canadian Financial Close: Loonie slips on drop in manufacturing sales By Commodity News Service Canada WINNIPEG, Feb. 14 (CNS Canada) – The Canadian dollar was down at market close on Thursday on reports of a drop in manufacturing sales in December. The dollar finished Thursday at US$0.7520 or US$1=C$1.3298, which compares with Wednesday’s close of […] Read more

North American Grain/Oilseed Review: Canola weakens with soybeans

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 14 (CNS Canada) – ICE Futures canola contracts were weaker on Thursday, as losses in Chicago Board of Trade soybeans spilled over to weigh on values. Poor export demand and bearish technical signals contributed to the declines in canola, with the nearby March contract settling below […] Read more


Red spring wheat loses ground on Prairies

Minneapolis, Kansas City and Chicago March wheat futures were down on the week

Wheat bids in Western Canada were largely down for the week ended Feb. 8 as losses in U.S. futures countered the supportive influence of a weaker Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by about $2, according to price quotes from a cross-section of delivery points […] Read more


One dollar Canadian coin pattern

A weaker Canadian dollar lifts ICE canola futures

Healthy crush margins should keep processors rolling steady

ICE Futures canola contracts held within a narrow range during the week ended Feb. 8, but trended higher overall, with a weaker tone in the Canadian dollar providing some support. The currency lost roughly a full cent relative to its U.S. counterpart over the course of the week, settling at 75.36 U.S. cents on Feb. […] Read more



Canola futures weaken as traders roll out of front month

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 14 (CNS Canada) – ICE Futures canola contracts were weaker at midday Thursday, with intermonth spreading accounting for the bulk of the activity as participants rolled their positions out of the nearby March contract. “Commercials, funds, retail – everybody’s focused on rolling their March positions forward,” […] Read more

ICE canola futures remain down Thursday morning

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 14 (CNS Canada) – Ice Futures canola contracts continued to post small losses Thursday morning with bearish technical signals weighing on prices. Soybeans and soyoil on the Chicago Board of Trade were also on the downside Thursday morning, putting pressure on canola. Malaysian palm oil and […] Read more