Markets
Deliveries of major grains increased from December to December, according to data released by Statistics Canada on Jan. 29.
Markets
Upswings in most December grain deliveries
Declines in rye, flax
December canola crush pushes higher
Canola crush exceeds 1 million tonnes
Data released by Statistics Canada on Jan. 29 showed the December crush of canola and soybeans came in higher than a year ago.
ICE Midday: Canola turns red
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was under pressure on Wednesday due to weakened comparable oils. While Chicago soyoil was steady, European rapeseed was down and crude oil was lower due to a large build in United States stockpiles. There was no trading for Malaysian palm oil due to the Lunar
Global Markets: Bank of Canada cuts interest rate
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada cut its key interest rate by 25 basis points earlier today at three per cent. It was the sixth consecutive time since last June the central bank decided to cut its
Canadian Dollar and Business Outlook: BoC makes its move
U.S. Fed set for announcement at 1 CST
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was lower on Wednesday morning after the Bank of Canada made its latest interest rate announcement. As of 8:54 am CST, the loonie was at US$0.6928 or US$1=C$1.4439 compared to Tuesday’s close of US$0.6947 or US$1=C$1.4394. On the United States Dollar Index, the greenback added
ICE canola weaker Wednesday morning
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Wednesday morning, taking back some of Tuesday’s gains in sideways trade. Losses in Chicago soyoil accounted for some spillover selling pressure, with European rapeseed also down on the day. However, gains in Chicago soybeans and a softer tone in
U.S. grains: Soybeans flat, corn, wheat rise as market awaits Trump tariff action
Chicago grain futures turned higher on Tuesday, as investors adjusted positions while they waited to see if U.S. President Donald Trump would follow through on threats to impose 25 per cent tariffs on imports from Canada and Mexico this weekend, analysts said.
Canadian Financial Close: Loonie eases back
BoC, Fed set to make rate announcements tomorrow
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dipped on Tuesday due to pressure from a stronger United States dollar. However, increases in crude oil and positioning ahead of two interest rate announcements tempered the losses. The loonie closed on Tuesday at US$0.6947 or US$1=C$1.4394, compared to Monday’s finish of US$0.6954
North American Grain/Oilseed Review: Canola, corn, wheat rise
Glacier FarmMedia | MarketsFarm — The ICE Futures canola market recovered on Tuesday from yesterday’s losses, albeit with mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was mixed. Crude oil prices were mixed as well due to protests at two Libyan ports and weak Chinese economic data.
Pulse Weekly: Supply and demand ‘sideways’ says broker
‘If prices move up, they move up big time, but they won’t drop overnight’
Lentil prices on the Canadian Prairies were steady in late-January, which a broker noted is typical for this time of year. Marcos Mosnaim of Prairie IX said the forces of supply and demand are standing pat, leading to no price fluctuations.