Daily Network News

More News →

Markets Markets

Futures

ICE canola price slide continues Friday

By
Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts continued their downward slide on Friday, as the market lacked any supportive fundamental news. Weekly Canadian canola exports of 57,400 tonnes were down by 80 per cent from the previous week in the latest Canadian Grain Commission data. Crop year-to-date exports at 2.4 million tonnes compares with 4.2 […] Read more
Global markets

Global Markets: Canadian retail sales dip 0.2 per cent

By
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canadian retail sales decreased 0.2 per cent in October to C$69.4 billion, reported Statistics Canada. Sales at beer, wine and liquor retailers were down 10.6 per cent. Core retail sales, which exclude gasoline stations and fuel vendors and […] Read more
Futures

ICE canola pulls back

By
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange approached the weekend in negative territory, with the March contract dropping below the C$600 per tonne mark. The Canadian Grain Commission reported canola exports for the week ended Dec. 14 were 57,400 tonnes, well below the previous week’s 289,200. Due to a lack of Chinese buying, […] Read more
Currency Markets

Canadian Dollar and Business Outlook: Loonie firm

By
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Friday morning, as small increases in the United States dollar and crude held each other in check. As of 8:40 am CST, the loonie was at US$0.7266 or US$1=C$1.3761, compared to Thursday’s close of US$0.7260 or US$1=C$1.3774. On the U.S. […] Read more
Photo: JHVEPhoto/Getty Images Plus
Markets, Reuters

U.S. grains: Wheat recovers on short covering, soy continues to fall

By ,
Reading Time: 2 minutes Chicago | Reuters – Chicago wheat futures found their footing on Thursday on short covering but remained near eight-week lows after China cancelled purchases from the United States and as large harvests in Argentina and Australia poured new grain into a well-supplied market, analysts said. Soybean futures continued the previous day’s fall on long liquidation […] Read more
Photo: Geralyn Wichers
Markets, Reuters

U.S. livestock: Cattle futures lower on falling beef prices, selling

By ,
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures tipped lower on Thursday as falling wholesale boxed beef prices and long liquidation pressured the market, analysts said. A decline in boxed beef prices has made meatpackers, whose margins continue to remain in the red, less willing to pay up for cattle. “The […] Read more
Currency Markets

Canadian Financial Close: A slight shift in the loonie

By
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Thursday, as slight movements in the United States dollar and crude oil offered little direction.   The loonie closed at US$0.7260 or US$1=C$1.3774 compared to Wednesday’s close of US$0.7256 or US$1=C$1.37482. On the U.S. Dollar Index, the greenback was up […] Read more

Latest Market News

More Market News →