North American Grain and Oilseed Review: Rally in canola continues

U.S. soybeans up as wheat, corn take losses

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures pushed further upward Tuesday, hitting new contract highs in what a trader called a show of independent strength. Tight supplies, good demand despite price rationing, and seller reluctance underpinned canola values. Gains in European rapeseed along with those in Chicago soybeans

ICE Canola Midday: Canola continues to push higher

Trader says upward movement is independent strength

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola prices continued to surge upwards at midday Tuesday, hitting new contract highs in what a trader said was a show of independent strength. Ongoing tight supplies, solid demand despite price rationing, and reluctance on the part of sellers contributed to rise in



ICE canola still pointed higher Tuesday morning

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The ICE Futures canola market continued its well established uptrend Tuesday morning, setting fresh contract highs once again. Tight supplies, solid demand and a lack of willing sellers on the other side remained supportive. Bullish chart signals contributed to the gains, as speculators hold large net-long



Global Markets: Rogers decision to be made on Friday

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A decision on the boardroom battle between Edward Rogers and Rogers Communications Inc. will be brought down on Friday afternoon, British Columbia Supreme Court judge Shelley Fitzpatrick said on Monday. Rogers claimed that as chairman of a family-owned


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U.S. livestock: CME feeder cattle futures slide to five-month low

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures hit a one-week low on Monday on bigger-than-expected U.S. supplies, while feeder cattle dropped to a five-month low, analysts said. Traders have been expecting cattle supplies to tighten but did not see signs of it in October, said Rich Nelson, chief strategist for agricultural commodities



Canadian Financial Close: C$ firm to start week

By MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The Canadian dollar held firm on Monday, as gains in energy and equity markets provided support. The Canadian dollar closed at US$0.8085 or US$1=C$1.2368 on Monday, which compares with Friday’s North American close of US$0.8075 or US$1=C$1.2384. The United States Federal Reserve is set to make its latest

North American Grain and Oilseed Review: Canola finishes on the plus side

U.S. wheat flies high, pulling corn with it

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures was on the upswing Monday, as demand fueled the increases with additional support from sellers content to stand on the sidelines. Tight canola supplies remained supportive. While Chicago soyoil also pulled back from earlier increases, but remained in the green at