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Cattle on a feedlot. PHOTO: FILE
Livestock, Markets, Reuters

U.S. livestock: Cattle futures sink on concerns over Trump’s push to lower prices

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Reading Time: 2 minutes Chicago | Reuters – U.S. cattle futures tumbled on Monday, extending a steep slide after President Donald Trump complained last week that prices were too high. Traders said they were increasingly expecting that Trump’s administration will encourage more imports of beef and cattle in a bid to offset tight U.S. supplies and bring down prices […] Read more
Currency Markets

Canadian Financial Close: Loonie up, gold tumbles

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Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar moved upwards on Monday.      The loonie rose to US$0.7145 or US$1=C$1.3995, compared to US$0.7136 or US$1=C$1.4014 on Friday.      The United States Dollar Index was down 0.05 of a point at 98.90 despite the U.S. and China agreeing to the framework for a potential trade deal before the […] Read more
Futures

North American Grain and Oilseed Review: Canola struggles to cling to gains

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Reading Time: 2 minutes Riding optimism in U.S. soy By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Most canola futures on the Intercontinental Exchange ended Monday on a slightly higher note, after earlier increases largely faded away. The more deferred positions saw their gains turn into losses. Canola was stronger on the likelihood of a United States/China trade deal […] Read more
Futures

ICE Canola Midday: Spillover from potential U.S./China trade deal

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were climbing higher late Monday morning, benefitting from news of a potential trade deal between the United States and China. That pushed the Chicago soy complex higher, with spillover finding its way into canola. Additional support came from increases in European […] Read more
Global markets

Global Markets: China, U.S. on road to trade deal

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Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The United States and China have reached an agreement on a potential trade deal, reports said on Monday. The announcement came ahead of the scheduled meeting between U.S. President Donald Trump and Chinese […] Read more
Currency Markets

Canadian Dollar and Business Outlook: Loonie steady, gold falls

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar remained relatively steady on Monday.      The loonie was at US$0.7140 or US$1=C$1.4006 as of 8:48 a.m. CDT, compared to Friday’s close at US$0.7136 or US$1=C$1.4014.      The United States Dollar Index was down 0.11 of a point at 98.84. U.S. President Donald Trump told reporters on Air Force […] Read more

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