Markets
Reading Time: 2 minutes Cash prices for spring wheat and durum across the Canadian Prairies saw slight movement either way during the week ended July 31.
Markets
Prairie Wheat Weekly: Cash prices shift either side of unchanged
Declines in U.S. wheat prices, loonie fuel mixed values
Feed Grain Weekly: Rain weakens Alberta prices, rest of Prairies remains firm
Farmers should shop around
Reading Time: < 1 minute Feed grain prices in Alberta moved lower following recent rains, said Susanne Leclerc, owner of Market Master Ltd. in Edmonton. However, she suggested prices could increase prior to the coming harvest.
Canadian Financial Close: Loonie slips some more
Aug. 1 deadline looms for trade deals with U.S.
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back nearly two-tenths of a cent on Thursday, as Canada-United States trade talks pressed towards Friday’s deadline. The loonie finished at US$0.7223 or US$1=C$1.3844, compared to Wednesday’s close of US$0.7241 or US$1=C$1.3811. The U.S. Dollar Index nudged up 0.229 of a point […] Read more
ICE review: Canola posts small losses after choppy day
Reading Time: 2 minutes ICE Futures canola market settled with small losses on Thursday but ended well off its session lows as early fund selling subsided and speculators returned to the buy side as the day progressed. November canola was down by as much as C$14 per tonne Thursday morning but recovered ground in the last two hours of […] Read more
ICE canola weaker with fund selling
Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was weaker at midday Thursday, hitting fresh two-week lows as losses in Chicago soyoil spilled over to weigh on values. Speculative funds were likely behind much of the selling as they adjusted positions, said a trader, adding that the relatively small open interest in the canola market […] Read more
ICE canola falling further
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange extended Wednesday’s downturn this morning, pressured by declining comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were down while crude oil also showed losses due to rising United States stockpiles. Most of the Prairies will see sunny skies and warm temperatures the rest […] Read more
Global Markets: Canadian GDP slips in May
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canada’s gross domestic product was down 0.1 per cent in May compared to the previous month, marking the second monthly decline in a row, reported Statistics Canada. Advanced readings for June point to a 0.1 per cent […] Read more
Canadian Dollar and Business Outlook: More declines for loonie
Canadian economy shrinks in May
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar continued to peel back Thursday morning as trade talks between Canada and the United States press towards Friday’s deadline. As of 8:36 am CDT, the loonie was at US$0.7227 or US$1=C$1.3837 compared to Wednesday’s close of US$0.7241 or US$1=C$1.3811. On the U.S. Dollar Index, […] Read more
U.S. livestock: Cattle futures set record highs on scarce supplies
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle and feeder cattle futures set record highs on Wednesday as cash prices stayed strong, along with consumers' demand for beef, brokers said.
U.S. grains: Soybean futures extend losses on favorable US weather, weak demand
Reading Time: 2 minutes Chicago Board of Trade soybean futures fell for the fourth consecutive session on Wednesday, dragged down by favourable weather across the U.S. Midwest and sluggish export demand, analysts said.