Daily Network News

More News →

Markets Markets

CBOT December 2021 wheat (candlesticks) with K.C. December 2021 wheat (orange line) and MGEX December 2021 wheat (green line, left column). (Barchart)
Crops, Markets

U.S. grains: CBOT wheat down off nine-year high

Chicago corn, soybeans also weak

By ,
Chicago | Reuters — U.S. wheat futures fell on Tuesday on a profit-taking setback, with the benchmark Chicago Board of Trade soft red winter wheat contract sagging 1.9 per cent from the nine-year high it hit on Monday. Corn and soybean futures also were lower, but the declines were kept in check by signs of
CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs up, cattle weak

By ,
Chicago | Reuters — CME Group lean hog futures rallied on Tuesday, supported by fund buying and expectations that supplies will begin to tighten in the coming weeks, traders said. Live cattle futures eased slightly for the second day in a row as the market waited for fresh bullish inputs before driving prices above the
Currency markets

Canadian Financial Close: Loonie stumbles as greenback grows

By
WINNIPEG – The Canadian dollar stayed away from 80 United States cents on Tuesday, one day before the release of new inflation data from Statistics Canada. The loonie was at US$0.7968 or US$1=C$1.2550 on Tuesday, down from Monday’s close of US$0.7989 or US$1=C$1.2517. Bank of Canada Deputy Governor Lawrence Schembri said the central bank expects
Futures markets

North American Grain and Oilseed Review: Canola reclaims some lost ground

U.S. soybeans, corn pull back, larger losses for wheat

By
By Glen Hallick, MarketsFarm WINNIPEG – Intercontinental Exchange (ICE) canola futures were higher on Tuesday, in trying to correct from yesterday’s sharp declines. However at the close, gains stepped back from earlier highs. Support for canola was derived from increases in Chicago soyoil and Malaysian palm. However, losses in European rapeseed as well as Chicago
Futures markets

ICE Canola Midday: Prices climbing on sharp gains in soyoil

Additional support from palm oil

By
By Glen Hallick, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were pushing higher at midday Tuesday in trying to recover from yesterday’s sharp step back. A trader said the spike in Chicago soyoil was driving up canola values, with additional support from Malaysian palm oil. European rapeseed turned mixed, with declines
(WPohlDesign/iStock/Getty Images)
Livestock, Markets

Klassen: Feeder market continues downward slide

Prairies' snowstorm leads to risk discount

By ,
Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe
Global markets

Global Markets: More terrorist bombings in Kampala

No group has yet to take responsibility for latest attacks

By
WINNIPEG- The following is a glance at the news moving markets in Canada and globally. – So far three people have been killed and more than 30 were injured in suicide bombings in Uganda’s capital of Kampala on Tuesday. One bomb was set off near the country’s parliament buildings, while another was close to the
Futures markets

ICE canola correcting higher early Tuesday

By
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – The ICE Futures canola market was mostly higher Tuesday morning, seeing a modest correction amid ideas Monday’s selloff was overdone. Early gains in Chicago Board of Trade soyoil and a slightly softer tone in the Canadian dollar were also supportive. Malaysian palm oil was higher overnight
Currency markets

Canadian Dollar and Business Outlook: Loonie dips, oil mixed

By
WINNIPEG – The Canadian dollar faced resistance to 80 cents United States on Tuesday morning. As of 8:33 a.m. CST, the loonie was at US$0.7972 or US$1=C$1.2544, compared to Monday’s close of US$0.7989 or US$1=C$1.2517. The U.S. Dollar Index jumped 0.41 of a point to 95.81. The U.S. Commerce Department announced on Tuesday overall retail

AgCanadaTV

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

Sponsored by:
More Videos →

Latest Market News

More Market News →