Markets & Farming Articles - Manitoba Co-operator

ICE canola mixed at midday Friday

By GFM Network News May 27, 2022

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 27 – (MarketsFarm) – ICE Futures canola contracts were mixed at midday Friday, with losses in the new crop months and a firmer tone in the nearby July contract. Forecasts calling for more precipitation in the eastern Canadian Prairies over the weekend will prolong the already slow seeding pace

Global markets

Global Markets: WHO confirms monkeypox in more than 20 countries

By GFM Network News May 27, 2022

By MarketsFarm WINNIPEG, May 27 – The following is a glance at the news moving markets in Canada and globally. – Nearly 200 cases of monkeypox have been confirmed in more than 20 countries that are not usually known to have outbreaks of the disease endemic to West Africa, according to a report from the

Currency markets

Canadian Dollar and Business Outlook: Loonie rises, crude oil mixed

By GFM Network News May 27, 2022

WINNIPEG – The Canadian dollar is looking to end the week on a positive note. As of 8:39 a.m. CDT, the loonie was at US$0.7851 or US$1=C$1.2737, compared to US$0.7817 or US$1=C$1.2792 on Thursday. Statistics Canada reported on Thursday that the country’s number of job vacancies reached an all-time high of more than one million

Futures markets

ICE Canada Morning Comment: Prices mixed in light trading

Declines in veg oils weighing on values

By GFM Network News May 27, 2022

By Glen Hallick, MarketsFarm WINNIPEG, May 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Friday morning, with declines in the new crop contracts. Losses in the Chicago soy complex, European rapeseed and Malaysian palm oil weighed on canola values. Global crude oil prices were narrowly mixed, providing little direction to veg oils.

Grain Markets, Markets

Grain markets: Risk-averse sentiment reaches canola trade

By Phil Franz-Warkentin May 26, 2022

It still holds true that what goes up, must come down — but whether it stays down remains to be seen as the ICE Futures canola market enters another uncertain growing season. The old-crop July canola futures hit a contract high of $1,219 per tonne on May 17, but was about $70 off that level

Livestock Markets, Markets

Cattle markets: Wet conditions hamper southwest

Many Manitoba pastures are greening up but far from ready to take cattle

By Adam Peleshaty – MarketsFarm May 26, 2022

While areas in the Red River Valley continue soaked and even flooded, cattle producers in Manitoba’s southwest are also having issues with the waterlogged conditions. From May 9 to 15, between 40 to 50 millimetres of precipitation fell onto Killarney, 100 km south of Brandon and 20 km north of the U.S. border, according to

CBOT July 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets

U.S. grains: Rainy forecast pushes soy to three-month high

Wheat mixed, corn weak

By GFM Network News, Mark Weinraub May 26, 2022

Chicago | Reuters — U.S. soybean futures rallied 2.7 per cent to a three-month high on Thursday as the latest weather forecasts for key northern growing areas turned wet again, threatening to add further delays to planting that was already well behind schedule, traders said. Corn futures were weaker on pressure from disappointing export data

CME June 2022 lean hogs (candlesticks) with 20-, 40- and 100-day moving averages (pink, brown and black lines). (Barchart)

Livestock, Markets

U.S. livestock: June hogs touch four-week high

June, August live cattle futures up slightly

By GFM Network News, Mark Weinraub May 26, 2022

Chicago | Reuters — CME Group hog futures rose to their highest level in more than a month on Thursday, supported by strong exports and concerns about a slowing slaughter, traders said. Cattle futures ended the trading day close to unchanged. The U.S. Agriculture Department on Thursday morning said that export sales of pork totaled

Currency markets

Canadian Financial Close: Loonie, crude oil rally

By GFM Network News May 26, 2022

WINNIPEG – The Canadian dollar rebounded above the 78 United States cent mark on Thursday. The loonie closed at US$0.7817 or US$1=C$1.2792, up from US$0.7790 or US$1=C$1.2837 on Wednesday. Statistics Canada announced on Thursday that retail sales in Canada were virtually unchanged in March and estimated they would rise 0.8 per cent in April. Also,

Futures markets

North American Grain/Oilseed Review: Canola back above key moving averages

By GFM Network News May 26, 2022

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 26 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday, moving back above some key moving averages as gains in world vegetable oil markets provided support. Both the nearby July contract and the new crop November contract settled above their 20-day moving averages, with the bullish chart

Daily Network News

Southern California honeybees show resistance to varroa mites

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Markets

ICE canola mixed at midday Friday

Global Markets: WHO confirms monkeypox in more than 20 countries

Canadian Dollar and Business Outlook: Loonie rises, crude oil mixed

ICE Canada Morning Comment: Prices mixed in light trading

Grain markets: Risk-averse sentiment reaches canola trade

Cattle markets: Wet conditions hamper southwest

U.S. grains: Rainy forecast pushes soy to three-month high

U.S. livestock: June hogs touch four-week high

Canadian Financial Close: Loonie, crude oil rally

North American Grain/Oilseed Review: Canola back above key moving averages

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for April 10, 2026

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