Daily Network News

More News →

Markets Markets

Global markets

Global Markets: Canada marks first annual National Day for Truth and Reconciliation

Over 150,000 First Nations, Metis and Inuit children forcibly taken

By
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Thursday marks Canada’s first National Day for Truth and Reconciliation, which honours the children, survivors, families and communities affected by the residential school system. For more than 100 years, over
Futures markets

ICE canola climbing higher with outside vegetable oil markets

By
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The ICE Futures canola market was stronger Thursday morning, hitting their highest levels of the past month. Malaysian palm oil futures climbed to their highest levels ever. Tight supplies and increased Chinese demand were reportedly behind the strength in that market, with gains in Chicago Board
ICE November 2021 canola (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

ICE weekly outlook: Analyst sees canola spike late next month

Movement expected to roll out of November soon

By ,
MarketsFarm — As the canola harvest winds down on the Prairies, ICE Futures canola began to climb upward in approaching $900 per tonne, the upper limit of its range. That’s given Winnipeg-based analyst Wayne Palmer of Exceed Grain reason to believe canola will bust through $900 per tonne. “That’s all due to the drought and
CBOT December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn, soybeans, wheat move higher

New USDA stocks data due out Thursday

By ,
Chicago | Reuters — U.S. corn futures rose on Wednesday, rebounding from declines a day earlier, as traders adjusted positions ahead of a key quarterly stocks report from the U.S. government, analysts said. Soybeans and wheat futures also advanced, with all three commodities bucking pressure from a sharply higher U.S. dollar. Chicago Board of Trade
CME October 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures pause after rally

Cattle futures end lower

By ,
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed mixed on Wednesday as the market paused following a surge tied to last week’s bullish quarterly hog report from the U.S. Department of Agriculture (USDA), traders said. CME October lean hogs settled down 0.875 cent at 90.8 cents/lb. while the most-active December contract
Currency markets

Canadian Financial Close: Loonie, oil take a tumble

By
WINNIPEG – The Canadian dollar remained in a downturn on Wednesday as the United States dollar strengthened and crude oil prices declined. The loonie was at US$0.7849 or US$1=C$1.2741 on Wednesday, down from Tuesday’s close of US$0.7886 or US$1=C$1.2680. The U.S. Dollar Index was up 0.63 of a point at 94.40. For the most part,
Futures markets

North American Grain and Oilseed Review: Most active months push upward

Prices rise ahead of grain stocks report

By
By Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Wednesday, with declines in the much more deferred positions. Support came from a number of sources, including European rapeseed and Malaysian palm oil, of which both hit new contract highs. Also, spillover came from increases in the
Futures markets

ICE Canola Midday: A lot of support for higher prices

'Commercials are short and the farmers are short'

By
By Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Wednesday as comparable oils continued to make gains and with other supportive influences. “The commercials are short and the farmers are short,” commented an analyst, noting a lack of selling and critically low canola supplies. A lack
Futures markets

ICE canola rising early Wednesday

By
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, with chart-based speculative buying a feature as values moved above some key moving averages. Spillover from outside markets added to the gains, with European rapeseed and Malaysian palm oil futures both testing fresh highs once again. Chicago

AgCanadaTV

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

Sponsored by:
More Videos →

Latest Market News

More Market News →