Markets & Farming Articles - Manitoba Co-operator

Prairie cash wheat: Red springs rising, durum retreats

U.S. wheat futures up on week

By GFM Network News, Glen Hallick - MarketsFarm November 27, 2021

MarketsFarm — Cash bids on the Prairies climbed higher for Canada Western Red Spring Wheat (CWRS) and Canada Prairie Spring Red (CPSR) wheats, but those for Canada Western Amber Durum (CWAD) incurred sharp decreases. Gains in most U.S. wheat markets led to the increases on the Prairies, which were also aided by a weaker Canadian

CBOT January 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

Crops, Markets

U.S. grains: New COVID variant scares markets

Soybeans, wheat drop; corn rebounds

By Christopher Walljasper, GFM Network News November 27, 2021

Chicago | Reuters — U.S. soybean futures fell Friday as news of a new COVID-19 variant discovered in South Africa sent oil and equities markets lower, with moves exaggerated by low trade volume across the grain and oilseed commodities. Chicago Board of Trade January soybeans lost 13-3/4 cents, at $12.52-3/4 a bushel, the contracts biggest

CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

Livestock, Markets

U.S. livestock: CME live cattle futures set new contract highs

February hogs drop to two-week low

By GFM Network News, Tom Polansek November 27, 2021

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set new highs on Friday and finished stronger on technical buying and firm cash prices, traders said. The front-month December contract and most-active February 2022 contract avoided losses seen in commodities such as crude oil and soybeans that were unnerved by the discovery of a

Currency markets

Canadian Financial Close: New COVID-19 variant rattles markets

By GFM Network News November 26, 2021

WINNIPEG – A newly identified COVID-19 variant of concern by the World Health Organization (WHO) has brought down both the loonie and world markets. The loonie fell to its lowest level since Sept. 21, closing at US$0.7830 or US$1=C$1.2771 on Friday, down from Thursday’s close of US$0.7903 or US$1=C$1.2654. The WHO announced today that the

Livestock Markets, Markets

Weather amplifies winter cattle sales slowdown

Seasonal lows could be in — at least for the time being

By Adam Peleshaty – MarketsFarm November 26, 2021

Wintry weather and a growing lack of heavyweights have marked the beginning of a seasonal slowdown in cattle sales during the week ended Nov. 19. Manitoba received two separate blasts of heavy snowfall: the first, on Nov. 10 to 12, brought more than 30 centimetres and gusting winds to southern parts of the province, while

Futures markets

North American Grain/Oilseed Review: Canola mixed after choppy day

By GFM Network News November 26, 2021

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – The ICE Futures canola market was mixed on Friday, after trading to both sides of unchanged in choppy activity in reaction to conflicting outside influences. Concerns over a new COVID-19 variant sparked sharp losses in crude oil and equity markets on Friday, with resulting weakness in

Futures markets

ICE canola down with outside markets at midday Friday

By GFM Network News November 26, 2021

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – The ICE Futures canola market was weaker at midday Friday, finding itself caught up in a broad global selloff. Concerns over a new COVID-19 variant sparked sharp losses in crude oil and equity markets on Friday, with that general weakness spilling into canola as well. However,

Currency markets

Canadian Dollar and Business Outlook: Markets slide on new COVID-19 fears

By GFM Network News November 26, 2021

WINNIPEG – The Canadian dollar took a downturn on Friday morning amid concerns regarding a potentially dangerous new COVID-19 variant. As of 8:33 a.m. CST, the loonie was at US$0.7829 or US$1=C$1.2773, compared to Thursday’s close of US$0.7903 or US$1=C$1.2654. The United Kingdom has banned flights from South Africa and other southern African nations after

Futures markets

ICE Canada Morning Comment: Hard downturn in crude oil weakens edible oils

U.S. futures resume trading

By GFM Network News November 26, 2021

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower Friday morning as trading volumes significantly increased overnight. After being closed for Thanksgiving the United States futures markets resume trading today for an abbreviated session, with the close at 12:05 CST. However, ICE canola remains with its regular schedule.

Global markets

Global Markets: French fishermen block port

By GFM Network News November 26, 2021

By MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The French port of Calais was blocked by fishermen on Friday, preventing ferries from entering, amid an ongoing protest over the United Kingdoms failure to issue more licenses for French fishermen to operate

Daily Network News

Southern California honeybees show resistance to varroa mites

Pulse Weekly: SaskPulse optimistic despite input, crop price concerns

Canadian aquaculture should be classed as agriculture, industry groups say

Markets

Prairie cash wheat: Red springs rising, durum retreats

U.S. grains: New COVID variant scares markets

U.S. livestock: CME live cattle futures set new contract highs

Canadian Financial Close: New COVID-19 variant rattles markets

Weather amplifies winter cattle sales slowdown

North American Grain/Oilseed Review: Canola mixed after choppy day

ICE canola down with outside markets at midday Friday

Canadian Dollar and Business Outlook: Markets slide on new COVID-19 fears

ICE Canada Morning Comment: Hard downturn in crude oil weakens edible oils

Global Markets: French fishermen block port

AgCanadaTV

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

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