Daily Network News

More News →

Markets Markets

Currency markets

Canadian Dollar and Business Outlook: Loonie takes a slight dip

US greenback virtually unchanged

By
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The Canadian dollar was a pinch lower Tuesday morning as the United States dollar remained strong and as crude oil prices dipped. As of 8:38 am CDT, the Canadian dollar was at US$0.7704 or C$1.2979, compared to Monday’s close of US$0.7714 or C$1.2964. On the
Canada’s Prime Minister Justin Trudeau walks with Ukraine’s President Volodymyr Zelenskiy in Kyiv on May 8, 2022. (PMO photo by Adam Scotti via Reuters)
Crops, Markets

Trudeau pledges help for Ukraine to find options to export grain

Turkey's co-operation seen as important, Joly says

By
Kyiv | Reuters — Canada will help Ukraine work out options on how to export stored grain to address global food security that has been shaken by Russia’s invasion of the country, Prime Minister Justin Trudeau said late on Sunday. Nearly 25 million tonnes of grains are stuck in Ukraine, unable to leave the country
Cargo ships are docked in Ukraine’s Black Sea port of Odesa on Nov. 4, 2016. (File photo: Reuters/Valentyn Ogirenko)
Crops, Markets

Ukraine calls for moves to unblock ports, prevent global food crisis

Russia has mounted a blockade of Ukrainian ports

By ,
Kyiv | Reuters — Ukraine’s president called on the international community on Monday to take immediate steps to end a Russian blockade of his country’s ports to allow wheat exports and prevent a global food crisis. President Volodymyr Zelenskiy made his comments in an online post after speaking to European Council President Charles Michel, who
CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle firm on strong packer demand

Export demand concerns drag on hogs

By ,
Chicago | Reuters — CME live cattle futures firmed on Monday, supported by strong packer demand that supported cash prices, indicating a bullish outlook for summer month futures, analysts said. “Packer behaviour has been bullish for several weeks now. They are going after the cattle,” said Dennis Smith, commodity broker at Archer Financial. “I suspect
CBOT July 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Weather

U.S. grains: Corn, soybeans ease on expected planting progress

Weather in U.S., India, France adds to Ukraine wheat supply fears

By ,
Chicago | Reuters — Chicago soybean futures fell on Monday to five-week lows as warmer U.S. weather expedited planting progress, deflating fears of added soybean acres and further cuts to corn plantings, traders said. Wheat remained underpinned by dry conditions in the U.S. and French growing belts, reinforcing global supply concerns. The most-active Chicago Board
Currency markets

Canadian Financial Close: C$ drops with oil

By
By MarketsFarm WINNIPEG, May 9 (MarketsFarm) – The Canadian dollar was weaker on Monday, as sharp declines in crude oil and mounting concerns over the global economic outlook weighed on the energy-linked currency. The Canadian dollar closed at US$0.7714 or US$1=C$1.2964 on Monday, which compares with Friday’s North American close of US$0.7763 or US$1=C$1.26882. Crude
Futures markets

North American Grain and Oilseed Review: Moderate losses in new crop canola

CBOT soybeans fall hard

By
By Glen Hallick, MarketsFarm WINNIPEG, May 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed lower on Monday, due to pressure from a weaker Chicago soy complex. A general sell-off in the North American stock markets combined with sharply lower global crude oil prices weighed on soy. Meanwhile, there were gains in Malaysian palm oil
Futures markets

ICE Canola Midday: Prices pulling back

Weaker crude prices weighing on edible oils

By
By Glen Hallick, MarketsFarm WINNIPEG, May 9 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were lower midday Monday. Weakness in global crude oil prices weighed on edible oil values. That generated sharp declines in the Chicago soy complex, but Malaysian palm oil and European rapeseed remained on the plus side. A general sell-off
Global markets

Global Markets: Russia marks Victory Day, Trudeau visits Kyiv

By
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russian President Vladimir Putin blamed Western policies on his country’s invasion of Ukraine in remarks made during Victory Day celebrations in Moscow on Monday. The holiday marks the 77th anniversary of the Soviet Union’s victory over Nazi Germany

AgCanadaTV

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

Sponsored by:
More Videos →

Latest Market News

More Market News →