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U.S. grains: Soybeans slide, nearing support at US$9

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to their lowest in almost two months on Thursday as uncertainty about progress in U.S.-China trade talks overshadowed support from stronger-than-expected weekly U.S. export sales, analysts said. Wheat futures also declined, backing down from a two-week high, but corn futures rose on signs of improving export and […] Read more



Canadian Financial Close: Small gain for loonie as crude continues climb

Reading Time: 1 minute By MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) – The Canadian dollar was slightly higher at market close on Thursday, as crude oil continued to regain lost ground. The loonie finished the day at US$0.7527 or US$1=C$1.3285, which compares with Wednesday’s close of US$0.7517 or C$1.3304. Benchmark oil prices were higher on Thursday due to renewed hopes […] Read more

Feed weekly outlook: Tight logistics underpin barley in Feedlot Alley

Reading Time: 2 minutes MarketsFarm — The adverse 2019 harvest across Western Canada may have left more grain grading as feed than normal, but issues in getting that barley and wheat to livestock continue to prop up prices for the time being. “We’ve seen a rally in the feed barley market the last four weeks,” said Brandon Motz, of […] Read more


North American Grain and Oilseed Review: Canola bids drop, but remain range-bound

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Thursday, as the trend of higher soyoil prices and a lower Canadian dollar were reversed. Soyoil lost about a half of a U.S. cent per pound today on the Chicago Board of Trade. The loonie was stronger […] Read more

ICE canola midday: Bids down as soyoil, loonie flip positions

Reading Time: 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) – ICE Futures canola contracts were lower at midday Thursday as Chicago soyoil and the Canadian dollar have flipped the other way, commented a Winnipeg-based trader. Prior to today, the trend this week had been stronger soyoil prices at the Chicago Board of Trade and a weaker […] Read more


Canadian dollar and business outlook

Reading Time: 1 minute By MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) The Canadian dollar was slightly firmer Thursday morning, recovering from the six-week lows hit the previous session. At 9:10 CST Thursday morning the Canadian dollar was at US$0.7534 or C$1.3273 which compares with Wednesday’s North American close of US$0.7517 or C$1.3304. Speaking at an Ontario Securities Commission event on […] Read more

Global Markets: Trudeau names new cabinet

Reading Time: 2 minutes By MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – In Wednesday’s swearing-in of Canadian Prime Minister Justin Trudeau’s 37-member cabinet, Quebec MP Marie-Claude Bibeau was reappointed Agriculture Minister. Ontario MP Chrystia Freeland, who was born in Alberta, was shifted from Global Affairs […] Read more


ICE canola falters on Thursday morning

Reading Time: 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) – The ICE Futures canola market was slightly lower on Thursday, retreating from gains made earlier in the week. A weaker tone from soy oil on the Chicago Board of Trade dragged canola prices slightly lower. The December soy oil contract was down by 14/100 of a […] Read more