Updated supply/demand estimates from Agriculture and Agri-Food Canada, released Oct. 17, included only minor adjustments to the balance sheets for the country’s major grains and oilseeds.
Glacier FarmMedia — ICE canola futures traded to both sides of unchanged on Friday but failed to hold onto earlier gains and settled with small losses. Trade talks between Canadian foreign minister Anita Anand and her Chinese counterpart brought renewed optimism that a resolution to the countries’ tariff dispute could be reached. However, an actual
Glacier FarmMedia — The ICE Futures canola market was stronger at midday Friday, finding some direction from gains in Chicago soyoil. Trade talks between Canadian foreign minister Anita Anand and her Chinese counterpart brought renewed optimism that a resolution to the countries’ tariff dispute could be reached and contributed to the gains in canola. However,
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canadian foreign minister Anita Anand met with her Chinese counterpart in Beijing, with trade at the top of the agenda. “Both ministers reaffirmed a shared commitment to engage at all levels to ensure the relationship and strategic partnership
Glacier FarmMedia — The Canadian dollar remained rangebound Friday morning, lacking any clear direction. At 9:02 a.m. CDT the Canadian dollar was trading at US$0.7120 or US$1=C$1.4045 which compares with Thursday’s close of US$0.7118 or US$1=C$1.4048. Speaking in Washington, D.C., on Thursday Bank of Canada Governor Tiff Macklem said the growth outlook remained
Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed independent strength on Friday morning amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil made gains while European rapeseed was lower. Crude oil prices were mostly steady. The Canadian dollar was up less than one-tenth of a United States cent compared to
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed to fresh contract highs on Thursday as a firm cash market and stabilizing beef prices supported the market, analysts said. Feeder cattle were flat to higher, with nearby contracts consolidating after recent strong gains, although the market remains well supported by tight supplies. Beef
U.S. corn futures rose for a third straight day on Thursday and hit a 1-1/2 week high on reports of lower-than-expected harvest yields in some areas of the Midwest and forecasts for rain that could delay further field work.