Markets
Feed grain prices are not expected to change drastically in the coming months, said a Saskatchewan-based trader.
Markets
Feed Grain Weekly: Quiet trade to close the year
ICE Canola Midday: Prices trying to push higher
By Glen Hallick Glacier FarmMedia | MarketsFarm – There were small gains in canola on the Intercontinental Exchange mid-morning Thursday, as the Christmas lull takes greater hold over trading, an analyst said. The analyst said the only two factors that could spark major movement would pertain to geopolitics or the weather. Slight increases in Chicago
Global Markets: LeBlanc confident in trilateral trade deal
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Dominic LeBlanc, the federal Minister Responsible for Canada-United States Trade, told the Canadian Press on Wednesday that he believes U.S. President Donald Trump won’t tear up the Canada-U.S.-Mexico Agreement. LeBlanc’s comments came after
ICE canola narrowly mixed Thursday morning
Glacier FarmMedia — ICE canola futures were narrowly mixed Thursday morning, consolidating in a narrow range after moving higher in overnight trade. Chart-based positioning was a feature amid ideas the market was looking oversold. End-user bargain hunting was supportive, with wide crush margins thought to be encouraging demand from domestic processors. However, ongoing lack of
Canadian Dollar and Business Outlook: Loonie surges, crude oil falls
Glacier FarmMedia – The Canadian dollar jumped Thursday morning, the day after the Bank of Canada’s latest interest rate announcement. The loonie was at US$0.7256 or US$1=C$1.3782 as of 8:35 a.m. CST, compared to Wednesday’s close at US$0.7228 or US$1=C$1.3835. The BoC left its key interest rates unchanged at 2.25 per cent. The
U.S. grains: Wheat futures slide on rising world production estimates
U.S. wheat futures fell more than one per cent on Wednesday to their lowest since late October on reminders of rising global supplies of the food grain, analysts said. Corn futures also sagged while soybean futures rebounded from multi-week lows, buoyed in part by news of fresh U.S. soy export sales. Chicago Board of Trade
Canadian Financial Close: BoC, Fed decide on interest rates
Glacier FarmMedia – The Canadian dollar nudged a little higher on Wednesday, after the Bank of Canada and the United States Federal Reserve announced their respective interest rate decisions. The loonie increased to US$0.7228 or US$1=C$1.38435, compared to US$0.7223 or US$1=C$1.3844 on Tuesday. In meeting analysts’ expectations, the BoC maintained its key rates of
U.S. livestock: Cattle, hogs mostly up
Chicago cattle futures ended mostly up on Wednesday while hogs also gained ground. Most-active April live cattle closed at 228.375 cents a pound, up 1.475 cents. December futures edged down 0.025 cents to close at 226.800 cents a pound. Most-traded January feeder cattle futures settled at 338.375 cents a pound, up 2.875 cents. March contracts
CBOT weekly: Sideways trade likely through holidays
Sideways trade is expected to be the norm in the soybean and corn futures markets through the holiday season, as participants continue to get caught up on the data that was delayed during the United States government shutdown.
ICE Canada Weekly: Canola a “tough market”
There are grim prospects for canola prices as the New Year approaches said Winnipeg-based trader and farmer Bill Craddock.
Cyber-Savvy Farmer
