Markets
Chicago soybean, corn and wheat futures ended a choppy session lower on Wednesday as signs of a thaw in the U.S.-China trade standoff supported agricultural markets, despite lingering concerns about demand and global competition, traders said.
Markets
U.S. grains: Chicago soybeans end down amid US-China trade jitters
ICE canola weekly outlook: ‘Toppy’ market watching weather
Squeeze possible for old crop
Tight supplies could send old crop canola futures higher before the new crop harvest, but values were showing signs of running into resistance in early May.
Seeding in Manitoba picking up the pace
Most fields still have good soil moisture
Overall spring planting in Manitoba reached eight per cent complete as of May 6, with some areas of the province much further along, the latest provincial crop report said.
CBOT Weekly: Keep an eye on demand in S/D report
Demand for U.S. corn, planted acres could change
Demand will be the main thing to watch when the United States Department of Agriculture releases its May supply and demand report next week.
North American grain/oilseed review: Canola climbs higher Wednesday
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market posted solid gains at Wednesday’s close after trading within a wide range. Tightening supplies and the need to ration demand accounted for some of the buying interest. Statistics Canada is set to release updated stocks data on Thursday. Canola stocks as
Thunder Bay sees strong spring grain shipments
The Port of Thunder Bay has seen above-average grain and potash shipments this spring.
ICE canola up at midday, but off session highs
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market held onto small gains at midday Wednesday but was trading well off its session highs. The old crop July contract briefly moved above the psychological C$700 per tonne mark before running into resistance. Increased optimism over possible trade talks between the United
Global Markets: India/Pakistan conflict intensifies
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. India launched missile attacks on Pakistan overnight in retaliation to the massacre of Indian tourists by a militant group in Kashmir last month. The missile strikes in at nine locations heightened tensions in the region
Canadian Dollar and Business Outlook: Loonie, crude oil show little change
Glacier FarmMedia | MarketsFarm – The Canadian dollar was slightly lower on Wednesday morning. The loonie was at US$0.7250 or US$1=C$1.3793 as of 8:30 a.m. CDT, compared to Tuesday’s close at US$0.7255 or US$1=C$1.3783. Statistics Canada reported today that February retail sales totaled C$56.9 billion, up one per cent from January. The United States Dollar
ICE Canada Morning Comment: Canola on the rise
StatCan stocks report to be released tomorrow
By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange continued to push higher on Wednesday morning, building on gains made in the overnight session. The July contract was testing resistance at the psychological level of C$700 per tonne. It also remained well above its major moving averages, which underpins values.