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U.S. livestock: Cattle futures fall after strike authorization vote

Chicago | Reuters – CME live and feeder cattle futures stumbled on Thursday, breaking a three-day rally under pressure from a strike authorization vote at a JBS meatpacking plant in Greeley, Colorado, analysts said. However, bullish fundamentals, including a tight cattle supply and the ongoing closure of the southern border to Mexican cattle imports, will




ICE Midday: Canola remains positive

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher in the middle of Thursday trading amidst mostly negative sentiment in comparable oils. Crude oil lost more than US$2 per barrel after the United States and Iran agreed to meet in Oman on Friday. Chicago soyoil and Malaysian palm oil were also in


Global Markets: Harper urges shift away from the U.S.

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Former Canadian Prime Minister Stephen Harper said at an event in Ottawa on Wednesday marking 20 years since he became Prime Minister, that Canada must reduce its dependence on the United States to protect its sovereignty

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning, as losses in crude oil and commodities weighed on the currency. At 8:43 a.m. CST the Canadian dollar was trading at US$0.7311 or US$1=C$1.3678 which compares with Wednesday’s close of US$0.7316 or US$1=C$1.3668. The federal government will announce


ICE Canada Morning Comment: Trying to erase overnight losses

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Thursday morning in an attempt to shed overnight losses. Gains in Chicago soybeans and soymeal offered support, but there were losses in Chicago soyoil and MATIF rapeseed while Malaysian palm oil held relatively steady. Crude oil was weaker, putting