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Futures

ICE canola boosted by trade optimism

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Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was posting solid gains at midday Tuesday, as optimism over thawing trade relations with China provided support. China’s ambassador to Canada told reporters via translator over the Thanksgiving weekend that if Canada removed its tariffs on Chinese electric vehicles China would remove its own levies on Canadian […] Read more
Photo: Lisa Guenther
Beef Cattle, Livestock, Markets

Klassen: Cash feeder market divorces from futures market

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Reading Time: 2 minutes For the week ending October 11, Western Canadian yearling markets traded $8/cwt higher to $5/cwt lower compared to seven days earlier. Calf prices experienced a week-over-week decline of $3-$8/cwt on average. Feather-light calves under 450 pounds were steady to $10 higher on average. The Canadian cash feeder market appeared to divorce from the feeder cattle […] Read more
Currency Markets

Canadian dollar and business outlook

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer relative to its United States counterpart Tuesday morning, with losses in crude oil behind some of the weakness in the energy-linked currency.      At 9:02 a.m. CDT the Canadian dollar was trading at US$0.7121 or US$1=C$1.4043 which compares with Friday’s close of US$0.7143 or US$1=C$1.4000. Canadian markets […] Read more
Futures

ICE canola positive after Thanksgiving weekend

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Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were making small gains but the momentum could be short-lived. Chicago soyoil, European rapeseed and Malaysian palm oil were lower. Crude oil was down US$1 per barrel as Israel and Hamas approach a ceasefire. The Canadian dollar was down three-tenths of a United States cent compared […] Read more
Global markets

Global Markets: News outlets say new U.S. rules threaten press freedom

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Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. • New rules for reporters covering the United States Defense Department are being opposed by multiple major news organizations that claim the policies supported by Defense Secretary Pete Hegseth violate the country’s First Amendment. The New York Times, […] Read more
Photo: Clinton Austin/Getty Images Plus
Markets, Reuters

U.S. livestock: Feeder cattle hit contract highs on tight supply

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Reading Time: < 1 minute Chicago | Reuters – All Chicago Mercantile Exchange feeder cattle futures and most live cattle futures hit contract highs on Friday on tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border. Live cattle followed feeders higher, posting new contract highs in deferred contract months, […] Read more
Currency Markets

Canadian Financial Close: Markets tumble on Trump comments

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Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar showed no movement on Friday as it entered the Thanksgiving Day weekend lower than the week before.      The loonie was unchanged from Thursday at US$0.7143 or US$1=C$1.4000 on Friday. Yet, it was still down from the Oct. 3 close of US$0.7167 or US$1=C$1.3953.      The United States Dollar […] Read more
Futures

North American Grain and Oilseed Review: Canola falls with drops in soy, crude oil

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Reading Time: 2 minutes Negative sentiment generates losses in U.S. grains, oilseeds By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed weaker on Friday, pulled down by sharp losses in the Chicago soy complex and crude oil. More modest declines in MATIF rapeseed and Malaysian palm oil also contributed to the fall in canola values. […] Read more

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