Daily Network News

More News →

Markets Markets

CBOT July 2022 wheat (candlesticks) with MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat extends fall, soybeans firm

Corn books third week down

By ,
Chicago | Reuters — Chicago wheat fell for a third straight session on Friday, retreating further from a two-month high hit earlier this week as technical selling pressured the market, traders said. Corn also eased, as accelerated U.S. planting and news that Argentina may expand an export volume cap weighed. Soybeans gained on strong export
CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: August live cattle, feeders ease on USDA report

Chicago lean hog futures firm

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Friday, with the nearby contract firming while the most-active month eased, pressured by expectations of increased cattle placements in the U.S. Agriculture Department’s monthly assessment. U.S. feedlots held two per cent more cattle on May 1 versus the same time a year
Currency markets

Canadian Financial Close: Loonie slips under 78 U.S. cents

Stronger U.S. dollar, higher crude prices counter each other

By
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The Canadian dollar eased back on Friday, as pressure from a stronger United States and support from higher crude oil prices almost balanced each other. The loonie closed at US$0.7795 or US$1=C$1.2829, compared to Thursday’s close of US$0.7807 or US$1=C$1.2809. On the U.S. Dollar Index,
Markets, News

Brazil’s JBS says China lockdowns won’t affect demand, logistics a concern

By
Brazilian meat giant JBS SA played down the effects of COVID-19-related lockdowns in China, saying they would not affect demand for JBS products despite causing logistics concerns, according to management remarks on May 12. During the first quarter, inventories rose in the United States because of logistics issues that also hampered U.S. ports, increasing costs
Wet, muddy conditions dampen cattle sales
Livestock Markets, Markets

Wet, muddy conditions dampen cattle sales

Prices for what was available remained mainly steady

By
Wet conditions in southern Manitoba, including overland flooding, have had an effect on the number of cattle going through the rings at auction sites in the province for the week ended May 12. “I would say that the yards that were muddy and full of water definitely slowed down the flow of cattle,” said Brad
Futures markets

ICE canola up at midday Friday

By
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 20 – (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, taking back some of the losses posted earlier in the week as the underlying technical and fundamental signals remain supportive. Canadian markets will be closed Monday for Victoria Day, with pre-weekend positioning likely behind some
Global markets

Global Markets: Canada to ban Huawei, ZTE from 5G networks

By
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced on Thursday it will not allow Chinese telecommunications companies Huawei Technologies and ZTE access to the country’s 5G wireless networks, citing security concerns. Telecommunication firms in Canada will not be permitted to include any
Currency markets

Canadian dollar and business outlook

By
By MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The Canadian dollar was holding steady Friday morning, lacking any clear direction as investors adjusted positions ahead of the weekend. At 8:43 a.m. CDT Friday morning the Canadian dollar was at US$0.7815 or US$1=C$1.2796, which compares with Thursday’s close of US$0.7807 or US$1=C$1.2809. A move by China to
Futures markets

ICE Canada Morning Comment: Canola on the rise with edibles

No direction from steady crude prices

By
By Glen Hallick, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures turned higher on Friday morning, after pushing lower during the overnight session. Upticks in the Chicago soy complex, combined with gains in European rapeseed and Malaysian palm oil, lent support to canola. Global crude oil prices were virtually unchanged, providing no

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →