Markets
Canola contract prices in the ICE Futures market climbed steadily higher during the first week of October.
Markets
Canola futures market climbs higher
Canola prices find their footing again after hitting low point
ICE canola uptrend continues to start another week
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Monday, continuing its uptrend of the past few weeks. The November contract was trading above its 200-day moving average at midsession, with the supportive chart signal thought to be bringing in additional speculative short-covering. Chicago soyoil, European rapeseed
Russia says grain harvest hit by Ukraine war, bad weather
Russia's grain harvest will be hit by the impact of Ukraine's attacks on grain-producing regions close to the border and by bad weather in many other regions.
Canadian dollar and business outlook
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm – The Canadian dollar was softer Monday morning, with broad strength in the United States dollar internationally behind some of the relative weakness. At 9:55 a.m. CDT the Canadian dollar was trading at US$0.7350 or US$1=C$1.3605, which compares with Friday’s close of US$0.7365 or US$1=C$1.3577. Gains in
Global Markets: One-year anniversary of war in Gaza
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The first anniversary of the war in Gaza saw Israel launch more air attacks on the Palestinian territory while also increasing its ground offensive. Meanwhile, Hamas launched missiles at Tel Aviv. To
ICE Canada Morning Comment: Canola nudges up, wary of soy losses
Support coming from rapeseed, palm oil
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were slightly higher Monday morning, getting spillover from increases in European rapeseed and Malaysian palm oil. However, declines the Chicago soy complex tempered further upticks in canola. Crude oil was on the rise, lending support to the vegetable oils. The November canola contract
U.S. livestock: Cattle futures rise on technical buying, economic news
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose and feeder cattle touched a two-month high on Friday on technical trading, with stronger-than-expected September jobs data indicating good consumer demand, analysts said. Hog futures touched their highest level in four months before retreating. Benchmark CME December live cattle futures LCZ24 settled up 0.600 cent at
U.S. Grains: CBOT wheat, soy and corn fall as dollar rallies
Chicago wheat dropped for a second day on Friday, moving further from a 3-1/2 month high reached this week as a stronger dollar made U.S. exports look less attractive.
Canadian Financial Close: Loonie loses ground to U.S. dollar
Greenback climbs higher
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar gave up more than two-tenths of a cent on Friday, as its United States counterpart pushed upward. The Canadian dollar closed at US$0.7365 or US$1=C$1.3577, compared to Thursday’s finish of US$0.7386 or US$1=C$1.3540. On the U.S. Dollar Index, the greenback climbed 0.480 of
North American Grain and Oilseed Review: Canola clings to smaller increases
Harvest pressure, profit-taking weigh on CBOT values
Intercontinental Exchange canola futures were mostly higher on Friday, with gains in the upfront contracts as the more deferred positions edged lower. Support for canola came from another round of sharp increases in Malaysian palm oil along with modest upticks in European rapeseed. The Chicago soy complex failed to hang on to earlier gains, finishing
Cyber-Savvy Farmer
