Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Soybeans turn higher as traders weigh China demand; wheat climbs

Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week. Wheat rose on what appeared to be fund-driven short-covering, while corn futures sagged in choppy trade. Chicago Board of […] Read more

Canadian Financial Close: Loonie down, crude oil rises

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar showed a decline on Wednesday despite crude oil prices moving upward.      The loonie closed at US$0.7367 or US$1=C$1.3574, compared to US$0.7383 or US$1=C$1.3544 on Tuesday.      The United States Dollar Index gained 0.13 of a point at 96.93.      Crude oil prices were higher after U.S. President Donald […] Read more



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U.S. livestock: Cattle futures jump back up, hogs fall

Reading Time: < 1 minute Chicago cattle futures jumped back up after Tuesday’s losses while hogs continued to slide. Most-active April live cattle contracts gained 3.550 cents to close at 240.975 cents per pound. June live cattle settled at 236.575 cents a pound, up 2.775 cents. Most-traded March feeder cattle closed at 367.450 cents per pound, up 2.675 cents. April […] Read more






North American Grain and Oilseed Review:Canola backs away from resistance

U.S. soybeans, wheat improve as corn dips

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed lower on Wednesday, getting pressure from losses in Chicago soyoil, MATIF rapeseed and Malaysian palm oil. Increases in crude oil helped to temper further declines in the vegetable oils. A trader said canola turned lower, he continued, because prices were beginning to dissuade purchases […] Read more


ICE canola lower at midday Wednesday

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Wednesday in heavy volumes, correcting off nearby highs. Chart-based positioning was a feature, as the March contract ran into technical resistance at its 200-day moving average around C$667 per tonne on Tuesday. Losses in Chicago soybeans and soyoil accounted for some additional spillover selling […] Read more

ICE canola weaker Wednesday morning

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, seeing a modest correction off the two-and-a-half month highs hit Tuesday. Chart-based positioning was a feature, as the March contract ran into technical resistance at its 200-day moving average around C$667 per tonne. Losses in Chicago soybeans accounted for some additional spillover selling pressure. […] Read more