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Canola exports still sluggish, but grains solid

Canadian canola exports continue to lag behind the year-ago pace, with large supplies in the commercial pipeline, according to the latest weekly data from the Canadian Grain Commission. Canada only exported 69,900 tonnes of canola during the week ended Sunday, well below the 205,500 tonnes that moved the previous week. Total canola exports during the […] Read more



U.S. livestock: Cattle set one-year high on weather, supply concerns

Chicago | Reuters — U.S. cattle futures reached a one-year high on Friday on concerns that cold, snowy weather next week may tighten supplies by slowing weight gain and transportation of livestock. Snowfall is expected to increase across the U.S. Plains, where the temperature outlook also is trending colder, according to weather forecaster Radiant Solutions. […] Read more




Canola weakens at midday Friday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 22 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, seeing a modest correction after Thursday’s late rally. Strength in the Canadian dollar and soft export demand contributed to the weakness in canola, according to a trader. “The whole board is just grinding […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Feb. 22 (CNS Canada) – The Canadian dollar was firm Friday morning as gains in crude oil provided some support. Improving trade sentiment between the United States and China accounted for some of the buying interest in oil that also underpinned the energy-linked Canadian currency. At 9:38 CST Friday […] Read more

ICE canola futures heading downward in morning trade

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 22 (CNS Canada) – ICE Futures canola contracts were weaker Friday morning, with the technical bias towards the downside. Canola futures for this morning lost about C$2 per tonne, with the May contract slipping to C$480.50 per tonne. Almost a month after the 35-day shutdown of […] Read more