Canola continues trading in a narrow $15 range

Weekly grain market report for week ending Oct. 18, 2013

What happens with soybeans in the U.S. and South America could be the catalyst that breaks canola out of its range

ICE Futures Canada canola contracts held rangebound during the week ended Oct. 18, with November contract keeping well within the roughly $15 range it’s found itself in for most of the past month. While a few fields are still remaining, the bulk of the canola harvest is finished for the year. The crop is generally



GRAINS-Corn retreats on forecasts for dry U.S. harvest weather

* Midwest weather seen mostly dry over next 2 weeks * Big corn crop weighs on prices, export demand supports * Soybeans rebound from Tuesday drop; wheat down for 2nd day (Rewrites throughout, adds quotes, updates prices, changes dateline from LONDON/SINGAPORE, changes byline) By Karl Plume CHICAGO, Oct 16 (Reuters) - U.S. corn futures fell

GRAINS-Corn rises from 3-year low on short-covering

* Corn gains, wheat falls as traders unwind spreads * Soy down on long liquidation, product spread unwinding (Updates with closing prices, fund buying and selling totals) By Karl Plume CHICAGO, Oct 15 (Reuters) - U.S. corn futures jumped more than 1 percent on Tuesday on bargain buying and short-covering after prices for the feed






GRAINS -U.S. wheat rises, pulls corn and soybeans higher

* CBOT wheat up 1.1 pct, flirts with 3-1/2 month high * Corn follows, but gains checked by harvest * Soybeans close to unchanged (Updates with closing prices, adds new analyst quote) By Mark Weinraub CHICAGO, Oct 7 (Reuters) - U.S. wheat futures rose on Monday as expectations of production declines in Russia and Ukraine


Canadian dollar could soon hit par with American greenback

Canadian dollar could soon hit par with American greenback The Canadian dollar reached a three-month high recently, reversing recent losses following the U.S. Federal Reserve’s decision not to slow its monetary stimulus. In the near term, the loonie could reach par with the U.S. dollar, said Shaun Osborne, TD Securities’ chief FX strategist. “Par to

Watch for opportunity in canola market bounces

Weekly grain market report for Oct. 3, 2013

ICE Futures Canada canola contracts moved higher during the week ended Sept. 27, as the market managed to see a bit of a short-covering recovery off of its recent lows. Harvest pressure and large Canadian crop prospects will likely keep the overall path of least resistance lower in the near term, which should make any