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The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Corn, Markets, Reuters, Soybeans, Winter Wheat

U.S. grains: Chicago corn, soybeans and wheat firm ahead of crop estimate

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Reading Time: < 1 minute Chicago | Reuters — Chicago corn, soybean and wheat futures ticked up on Monday as traders awaited U.S. government harvest estimates later this week, with shrinking trade expectations on what are still expected to be large crops, according to analysts. A weaker dollar also underpinned grains and soybeans. Chicago Board of Trade most-active December corn […] Read more
Futures

North American grain/oilseed review: Canola climbs higher to start week

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Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market was stronger on Monday, rising off the five-month lows hit last week amid ideas the market was looking overdone to the downside. Advances in Chicago soyoil and soybeans provided some underlying support, although canola outpaced the United States market higher. Supports to biofuel production announced by the […] Read more
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Canola, Markets, News

Canola groups disappointed in Carney’s plan to help growers, biofuel

‘Farmers should not be expected to borrow’

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Reading Time: 2 minutes Two national canola organizations said they’re not pleased with the federal government’s announcement on helping canola growers and the biofuel industry. The Canola Council of Canada and the Canadian Canola Growers Association expressed their disappointment in a Sept. 5 news release.
Futures

ICE canola holding onto gains at midday Monday

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Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was posting small gains at midday Monday, as the market consolidated above the five-month lows hit last week. Outside markets were providing little support, with the Chicago soy complex narrowly mixed and losses in European rapeseed. Malaysian palm oil moved higher overnight but was […] Read more
Currency Markets

Canadian dollar and business outlook

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Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Monday morning, with positioning ahead of next week’s Bank of Canada interest rate announcement behind some of the activity. At 9:14 a.m. CDT the Canadian dollar was trading at US$0.7230 or US$1=C$1.3831 which compares with Friday’s close of US$0.7231 or US$1=C$1.3829. Crude oil was posting small […] Read more
Futures

ICE Canada Morning Comment: Canola off to a positive start

Canola council takes umbrage with fed's announcement

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, getting support from gains in most comparable oils. There were increases in Chicago soybeans and soyoil, while soymeal edged lower. Malaysian palm oil was higher but European rapeseed was mixed. As crude oil advanced, its spillover underpinned the […] Read more
The Chicago Board of Trade Building. Photo: Kevinstack22/iStock/Getty Images
Crops, Markets

U.S. grains: Corn backs away from gains at close

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed to a 6-1/2 week high on Friday on short covering ahead of the weekend and a U.S. government crop production update next week, and as U.S. export demand remained strong. However, the grain failed to hold onto the advances and settled with small losses in the most […] Read more

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