Markets
While U.S. corn prices are falling, Western Canadian feed barley and feed wheat still have price advantages, said a Lethbridge-based trader.
Markets
Feed Grain Weekly: Barley, wheat competing with U.S. corn
Western Canadian grains hold price advantage
ICE canola stronger at midday Thursday
Glacier FarmMedia — The ICE Futures canola market was stronger at midday Thursday, correcting higher after touching its lowest levels in three months in overnight trade. Gains in Chicago soybeans, European rapeseed and Malaysian palm oil all provided spillover support, although soyoil was narrowly mixed at midday. The November canola contract moved back above its
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was slightly softer Thursday morning, backing away from the eight-day high relative to its United States counterpart hit on Wednesday. At 9:15 a.m. CDT the Canadian dollar was trading at US$0.7268 or US$1=C$1.3759 which compares with Wednesday’s close of US$0.7275 or US$1=C$1.3746. Crude oil was firm in early trade,
Global Markets: Trump and Putin to meet
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump and Russian President Vladimir Putin may meet as early as next week, as Trump continues to push for an end to Russia’s three-year war in Ukraine. The possibility of a meeting
ICE canola above unchanged
Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed small gains on Thursday with little support from comparable oils. Chicago soyoil and Malaysian palm oil were down while European rapeseed was up. Crude oil was steady as tariffs imposed by the United States on many imports come into effect. After most areas of the Prairies
U.S. livestock: Cattle futures hit new highs on resilient consumer demand
Chicago Mercantile Exchange live and feeder cattle futures hit contract highs on Wednesday as strong consumer demand for beef and another spike in wholesale boxed beef prices supported an ongoing futures rally.
U.S. grains: Wheat hits 5-year low, corn at contract lows as supply pressure builds
Chicago wheat futures slipped to a five-year low on Wednesday, while corn set contract lows for the third session in a row as ample global supply hung over grain markets.
Canadian Financial Close: Loonie, TSX on the rise
Glacier FarmMedia — The Canadian dollar gained some ground on Wednesday. The loonie closed at US$0.7275 or US$1=C$1.3746, compared to US$0.7254 or US$1=C$1.3785 on Tuesday. The United States Dollar Index dropped 0.53 of a point at 98.25. U.S. President Donald Trump threatened 50 per cent tariffs on goods from India earlier today due to the
CBOT Weekly: More pressure on grain prices
U.S. grain, soybean prices to go lower: analyst
Corn, soybean and wheat futures on the Chicago Board of Trade continue to drop and one Chicago-based analyst says they are going to be even lower.
ICE canola weekly outlook: Spec selling weighs on market
Charts turning bearish
ICE futures canola contracts fell to their lowest levels in two months during the first week of August, with speculative long liquidation behind some of the selling pressure.