Markets
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar remained relatively unchanged on Wednesday. The loonie closed at US$0.7167 or US$1=C$1.3952, compared to US$0.7168 or US$1=C$1.3951 on Tuesday. Canadian Prime Minister Mark Carney said officials from Canada and the United States are currently negotiating terms on a new trade deal. The United States Dollar Index was […] Read more
Canadian Financial Close: Loonie steady, gold adds onto new record
CBOT weekly: Soybeans/corn showing strength amidst harvest
Reading Time: 1 minute Corn and soybean futures at the Chicago Board of Trade were showing some strength during the first week of October, despite seasonal harvest pressure keeping a lid on the upside.
North American Grain and Oilseed Review: Canola turns around to finish stronger
Reading Time: 2 minutes Gains all around in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Wednesday after trading to either side of unchanged. Increases in crude oil, the Chicago soy complex and Malaysian palm oil pulled canola out of its losses. Declines in MATIF rapeseed tempered further upswings. However, a […] Read more
ICE Canola Midday: Logistical issues weaken prices
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange turned lower Wednesday morning following an earlier spate of choppy trading. A trader said there isn’t much to keep the “market lifted” and noted logistical issues have arisen due to the large Prairie harvest. “We’re hearing crushers are pushing away trucks,” […] Read more
Global Markets: No deal for Carney as meetings continue in D.C.
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. There was a cordial meeting between Canadian Prime Minister Mark Carney and United States President Donald Trump at the White House on Tuesday. Although a deal wasn’t reached, the groundwork was laid for […] Read more
ICE canola mixed in choppy morning trade
Reading Time: < 1 minute Glacier FarmMedia — The ICE canola market was narrowly mixed Wednesday morning, seeing some consolidation after moving higher earlier in the week. Gains in Chicago soybeans and soyoil provided spillover support. Malaysian palm oil was also stronger, although European rapeseed was steady to lower. The ongoing lack of export sales to China remained a bearish […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil, gold higher
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar moved slightly upwards on Wednesday morning. The loonie was at US$0.7175 or US$1=C$1.3937 as of 8:33 a.m. CDT, compared to Tuesday’s close at US$0.7168 or US$1=C$1.3951. The United States Dollar Index continued to strengthen, rising 0.27 of a point at 98.85. The index hasn’t reached 99 points […] Read more
U.S. livestock: Cattle futures gain on higher beef values, tight supplies
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed for a third straight session on Tuesday, propelled by rising beef prices and strong gains in the feeder cattle market, analysts said. Feeder cattle futures reached their highest point in six weeks on tight supplies of animals and an ongoing ban on Mexican imports […] Read more
Canadian Financial Close: Loonie steady, gold surpasses US$4,000
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar did not move very much on Tuesday. The loonie closed at US$0.7168 or US$1=C$1.3951, compared to US$0.7166 or US$1=C$1.3955 on Monday. Earlier today, Canadian Prime Minister Mark Carney and United States President Donald Trump met for trade discussions in the White House. The United States Dollar Index […] Read more
U.S. grains: Soybeans tick up as market weighs crops, U.S.-China ties
Reading Time: 2 minutes U.S. soybean futures firmed on Tuesday on technical and seasonal buying after two sessions of losses, as traders monitored U.S. harvesting, Brazilian planting progress and updates on trade negotiations with China and a U.S. farmer bailout package.
A message from April Stewart, Country Guide's Associate Editor
