Markets & Farming Articles - Manitoba Co-operator

CBOT July 2022 corn (candlesticks) with Bollinger bands (20,2) and 50-day moving average (orange line). (Barchart)

CBOT weekly outlook: Prices likely to trend downward

By GFM Network News, Glen Hallick - MarketsFarm May 25, 2022

MarketsFarm — With weather in the U.S. becoming more favourable for spring planting, combined with other factors, prices on the Chicago Board of Trade CBOT) are expected to push lower, according to Scott Capinegro of Barrington Commodity Brokers at Barrington, Ill. “If you’re getting it planted and it rains, the stuff is off to a

Futures markets

ICE canola weaker at midday Wednesday

By GFM Network News May 25, 2022

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 25 – (MarketsFarm) – ICE Futures canola contracts were weaker at midday Wednesday, as losses in outside vegetable oil markets spilled over to weigh on values. Malaysian palm oil, European rapeseed and Chicago soyoil were all lower on the day, with concerns over reduced Chinese demand for vegetable oil

Global markets

Global Markets: Deadliest U.S. school shooting in a decade

By GFM Network News May 25, 2022

By MarketsFarm WINNIPEG, May 25 – The following is a glance at the news moving markets in Canada and globally. – An 18-year-old gunman killed 19 children and two teachers at an elementary school in Texas on Tuesday, before being killed himself by law enforcement. The attack was the deadliest school shooting in the United

Currency markets

Canadian Dollar and Business Outlook: Loonie steps back, crude oil jumps

By GFM Network News May 25, 2022

WINNIPEG – The Canadian dollar stepped back further from the 78 United States cent mark on Wednesday. As of 8:35 a.m. CDT, the loonie was at US$0.7787 or US$1=C$1.2842, compared to US$0.7797 or US$1=C$1.2826 on Tuesday. The U.S. Dollar Index gained 0.45 of a point to 102.31 as policy meeting minutes from the U.S. Federal

Futures markets

ICE Canada Morning Comment: Canola down by double-digits

Pressure from other veg oils

By GFM Network News May 25, 2022

By Glen Hallick, MarketsFarm WINNIPEG, May 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Wednesday morning, taking back yesterday’s gains and more. Weakness in the Chicago soy complex and in European rapeseed weighed on canola values, along with more moderate declines in Malaysian palm oil. However, small increases in global crude oil

Workers fill jerrycans with cooking oil at a distribution station in Jakarta, Indonesia on May 20, 2022. (Photo: Reuters/Willy Kurniawan)

Crops, Markets

Food crisis fuels fears of protectionism compounding shortages

By GFM Network News May 24, 2022

Davos | Reuters — A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said. In a sign of the escalating squeeze on food supplies and rising prices, a government

CBOT July 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

Crops, Markets

U.S. grains: Corn futures touch six-week low

Wheat weakens, soybeans strong

By GFM Network News, Mark Weinraub May 24, 2022

Chicago | Reuters — U.S. corn futures dropped 1.8 per cent to a six-week low on Tuesday, pressured by a government report that farmers have made good progress in their much delayed planting tasks during the past week, traders said. “This is likely to ease previous concerns that the delays to planting could lead to

CME July 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

Livestock, Markets

U.S. livestock: Hog futures fall as supplies rise

CME live cattle turn lower

By GFM Network News, Mark Weinraub May 24, 2022

Chicago | Reuters — CME hog futures eased on Tuesday, pressured by a government report released after the close on Monday that showed supplies of pork at their highest in two years. The U.S. Agriculture Department on Monday afternoon said that frozen stocks of pork stood at 530.244 million lbs. as of April 30, up

Currency markets

Canadian Financial Close: Loonie below 78 cents U.S.

By GFM Network News May 24, 2022

WINNIPEG – The Canadian dollar remained on the negative side of 78 United States cents on Tuesday. The loonie closed at US$0.7797 or US$1=C$1.2826, up a pinch from US$0.7795 or US$1=C$1.2829 on Friday. The Bank of Canada (BoC) did not post a closing exchange rate on Monday due to the Victoria Day holiday. The U.S.

Futures markets

North American Grain/Oilseed Review: Canola posts solid gains

By GFM Network News May 24, 2022

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 24 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, with chart-based buying a feature as bullish technical signals provided support. Ongoing concerns over seeding delays across parts of the Canadian Prairies contributed to the strength, although a window of drier weather in Manitoba this week should

Daily Network News

Southern California honeybees show resistance to varroa mites

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Canadian aquaculture should be classed as agriculture, industry groups say

Markets

CBOT weekly outlook: Prices likely to trend downward

ICE canola weaker at midday Wednesday

Global Markets: Deadliest U.S. school shooting in a decade

Canadian Dollar and Business Outlook: Loonie steps back, crude oil jumps

ICE Canada Morning Comment: Canola down by double-digits

Food crisis fuels fears of protectionism compounding shortages

U.S. grains: Corn futures touch six-week low

U.S. livestock: Hog futures fall as supplies rise

Canadian Financial Close: Loonie below 78 cents U.S.

North American Grain/Oilseed Review: Canola posts solid gains

AgCanadaTV

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

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