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Futures

ICE canola remains steady

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Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were relatively steady on Wednesday morning amidst mixed sentiment in comparable oils. Chicago soyoil was steady, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil showed small declines as a Russia-Ukraine peace deal is being sorted out, as well as oversupply fears. The […] Read more
Photo: Geralyn Wichers
Markets, Reuters

U.S. livestock: Chicago cattle futures mixed ahead of Thanksgiving holiday

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange’s live cattle futures were mixed on Tuesday, with nearby contracts extending the previous session’s losses that saw contracts drop by the daily trading limit, analysts said. Feeder cattle futures turned higher, rebounding from Monday’s sharp limit-down losses, as traders began to adjust positions ahead of the U.S. Thanksgiving […] Read more
Currency Markets

Canadian Financial Close: Loonie barely budges

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Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar held steady on Tuesday, benefitting from a weaker United States dollar while fending off pressure from lower crude prices. The loonie closed at US$0.7090 or US$1=C$1.4104 compared to Monday’s close of US$0.7088 or US$1=C$1.4108. On the U.S. Dollar Index, the greenback pulled back […] Read more
Futures

North American grain/oilseed review: Canola rises Tuesday

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Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market was stronger on Tuesday, after trading to both sides of unchanged in choppy activity. A turn higher in the Chicago soy complex after early losses accounted for some spillover buying interest in the Canadian oilseed. Chart-based positioning was a feature, with a move back above the 20-day […] Read more
PHOTO: Lisa Guenther
Livestock, Markets

Klassen: Feedlots scale down cattle purchases

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Reading Time: 2 minutes For the week ending November 22, Western Canadian feeder cattle prices were steady to $10/cwt lower on average. Earlier in the week, the heavier weight categories came under pressure while cattle under 700 pounds held value. However, by Friday, all weight ranges exhibited a softer tone. Feedlots are coming to the realization that the fed […] Read more
Futures

ICE canola mixed at midday Tuesday

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Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were narrowly mixed at midday Tuesday, lacking any clear direction in choppy trade.      Losses in Chicago soybeans and soyoil accounted for some spillover selling pressure in the Canadian oilseed. Malaysian palm oil was also lower in overnight trade, while European rapeseed held near unchanged.      Markets in […] Read more

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