Daily Network News

More News →

Tag Archives Futures markets

Weaker loonie drives up Prairie wheat bids
Grain Markets, Markets

Weaker loonie drives up Prairie wheat bids

MGEX, CBOT and K.C. July wheat contracts all rose in value on the week

By
A weaker Canadian dollar combined with rising U.S. futures drove wheat bids in Western Canada higher for the week ended May 18. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up by $10-$11 per tonne across the Prairie provinces, according to price quotes from a cross-section of
Oilseed Rape Pods
Grain Markets, Markets

Canola futures stay locked in long-term trading range

Saskatchewan and western Manitoba stay on the dry side

By
ICE Futures Canada canola contracts held within their well-established trading range during the week ended May 18, with all eyes on weather conditions at this time of year. Some much-needed rain hit Winnipeg and surrounding areas of Manitoba on Friday, but western parts of the province and Saskatchewan remain on the dry side and in
Seeding launch adds bearish influence to grain markets
Grain Markets, Markets

Seeding launch adds bearish influence to grain markets

Canola futures’ move to the U.S. shuts the lid on the WCE era

By
It was a bit of a mixed bag in the canola market during the week ended May 4, with old-crop months drifting lower and new-crop contracts steady to higher. Warm and dry weather across Western Canada allowed farmers to start making headway with spring seeding, with cereals and pulses the first to go in the
Oilseed Rape Pods
Grain Markets, Markets

Canola futures drift lower despite seeding intentions

Other vegetable oil markets also remain under pressure

By
ICE Futures Canada canola futures had every reason to rally sharply higher during the week ended April 27, but ignored all of the bullish news and drifted down instead. Canola had been looking rather expensive compared to other oilseeds, which likely contributed to the softer tone. A drop in Chicago Board of Trade (CBOT) soyoil
Canola up on weaker loonie, increased export chatter
Grain Markets, Markets

Canola up on weaker loonie, increased export chatter

StatsCan estimates and labour issues at CP loom large

By
ICE Futures Canada canola contracts posted solid gains over the week ended April 20, correcting off of nearby lows despite a softer tone in Chicago soybeans and soyoil. Weakness in the Canadian dollar, which lost about a cent relative to its U.S. counterpart, accounted for some of the strength in the futures. However, crush margins
Argentina’s late rainfalls drag on oilseed futures
Grain Markets, Markets

Argentina’s late rainfalls drag on oilseed futures

Snows on the Prairies weigh on canola’s price outlook

By
ICE Futures Canada canola contracts held above the $520-per-tonne mark during the week ended March 26, as speculative buying helped offset the bearish influence of rain in South America. From March 16 to March 23, canola lost $2.50 to end Friday at $520.60 per tonne. The week started off with a thud, as beneficial rains
Prairie wheat bids drop with U.S. futures
Grain Markets, Markets

Prairie wheat bids drop with U.S. futures

USDA’s outlook for record-low winter wheat acres was still above expectations

By
Hard red spring wheat bids in Western Canada moved lower during the week ended Jan. 12, as the futures in the U.S. fell sharply on Friday in response to bearish acreage data from the U.S. Department of Agriculture. While USDA pegged winter wheat seedings in the country at their lowest level in more than 100
Sizable fund shorts still hang over CBOT grain market
Markets, Opinion

Sizable fund shorts still hang over CBOT grain market

Market speculators are looking at ample supplies and sticking with their bets

By
There is simply too much supply in the world to shake speculators from their tremendously bearish view of Chicago-traded grain futures and options, and their hefty short stance still looms over the market. Combining net positions through Nov. 21 in CBOT corn and wheat, K.C. wheat, and Minneapolis-traded wheat futures and options, money managers hold
Oilseed Rape Pods
Grain Markets, Markets

Canola values slip lower in U.S. traders’ absence

Traders are largely gun shy while waiting on StatsCan data

By
It was a sluggish week for ICE Futures Canada canola prices as the U.S. Thanksgiving holiday sent traders to the sidelines. Markets in the U.S. were closed on Thursday and had limited hours on Friday. The front-month January contract chopped around between the $514 and $520 marks for the beginning of the week ended Nov.

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →