Markets & Farming Articles - Manitoba Co-operator

Canola mostly higher at midday Friday

By GFM Network News October 29, 2021

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The ICE Futures canola market was mostly higher at midday Friday, although activity was thin and choppy on the last trading day of the month. The nearby November contract was up sharply in light trade, as investors continued to exit the front month ahead of its

Global markets

Global Markets: G20 to meet in Rome

By GFM Network News October 29, 2021

By MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Leaders of the Group of 20 countries, including Canada’s Justin Trudeau and United States President Joe Biden, will meet in Rome this weekend to talk in person for the first time in more

Currency markets

Canadian Dollar and Business Outlook: Loonie drops, Canadian economy steady

By GFM Network News October 29, 2021

WINNIPEG – The Canadian dollar slipped back on Friday morning after reports of stagnant economic growth for the third quarter. As of 8:46 a.m. CDT, the loonie was at US$0.8080 or US$1=C$1.2376, compared to Thursday’s close of US$0.8098 or US$1=C$1.2349. Statistics Canada announced Thursday morning that Canada’s economy only grew 0.4 per cent in August

Futures markets

ICE Canada Morning Comment: Small gains in heavily traded January contract

Support from other edible oils

By GFM Network News October 29, 2021

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Friday morning with the vast majority of the trading with the January contract. Support came from gains in Chicago soyoil and soymeal, as well as Malaysian palm oil and European rapeseed. Chicago soybeans were down slightly. Tight

Beef is on display at a Walmart in Beijing on Sept. 23, 2019. (File photo: Reuters/Tingshu Wang)

Livestock, Markets

Beef cattle producers ‘encouraged’ by new CPTPP applicants

U.K., China, Taiwan seek memberships; no additional dairy, feather access on table

By Dave Bedard, GFM Network News October 29, 2021

With their exports on an upswing, the organization for Canada’s beef cattle producers says it’s “encouraged to see other countries’ interest” in joining the Trans-Pacific Partnership trade bloc. The Canadian Cattlemen’s Association on Oct. 18 noted the official applications to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) from the United Kingdom, China and

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle futures fall after three days of gains, hogs firm

By GFM Network News, Mark Weinraub October 28, 2021

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Thursday, snapping three sessions of gains on some profit-taking, traders said. Fresh signs of strength in the cash cattle markets had already been priced in, a trader said, and sharply higher prices for grain raised concerns about increased feeding costs. Hog futures were

Crops, Markets

U.S. grains: Wheat hits multi-year highs, pull corn higher; soy weak

By GFM Network News, Mark Weinraub October 28, 2021

Chicago | Reuters – U.S. wheat futures rallied on Thursday to multi-year highs, with gains fueled by concerns about tight global supplies and strong export demand. Winter wheat futures were supported by concerns about the crop conditions and rainy weather in the eastern U.S. Midwest that may have prevented farmers from seeding as much acreage

Cereals, Markets

Feed weekly outlook: Almost out of space for corn

By GFM Network News, Glen Hallick - MarketsFarm October 28, 2021

MarketsFarm – At this point of the fall, there’s not much room still to be had for feed corn, according to Brandon Motz of CorNine Commodities in Lacombe, Alta. In the meantime, prices for feed barley and wheat continued to push higher. “The in-bound corn is picking up and we are starting to see new

Currency markets

Canadian Financial Close: Loonie steady, TSX rises

By GFM Network News October 28, 2021

WINNIPEG – The Canadian dollar was slightly higher on Thursday due to a weakening United States dollar after news of slowed economic growth. The loonie was at US$0.8098 or US$1=C$1.2349 on Thursday, up slightly from Wednesday’s price of US$0.8092 or US$1=C$1.2358. The U.S. Commerce Department reported on Thursday that the country’s gross domestic product increased

Futures markets

North American Grain/Oilseed Review: Canola ends mixed

By GFM Network News October 28, 2021

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The ICE Futures canola market was mixed at Thursday’s close, with gains in nearby November contract and losses in the more deferred months. November canola climbed above C$1,000 per tonne early in the day as speculative positioning ahead of the contract’s expiry provided support. However, profit-taking

Daily Network News

New strategies needed for Canadian agriculture to stand out in global trade

Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

Markets

Canola mostly higher at midday Friday

Global Markets: G20 to meet in Rome

Canadian Dollar and Business Outlook: Loonie drops, Canadian economy steady

ICE Canada Morning Comment: Small gains in heavily traded January contract

Beef cattle producers ‘encouraged’ by new CPTPP applicants

U.S. livestock: Cattle futures fall after three days of gains, hogs firm

U.S. grains: Wheat hits multi-year highs, pull corn higher; soy weak

Feed weekly outlook: Almost out of space for corn

Canadian Financial Close: Loonie steady, TSX rises

North American Grain/Oilseed Review: Canola ends mixed

AgCanadaTV

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

Latest Market News