CNS Canada –– The following is a glance at the news moving markets globally. CANADIAN ELECTION — The Canadian Federal election is today, and market participants will be following the outcome closely. U.S. FED OFFICAL SAYS IT’S TOO SOON TO TALK ABOUT INTEREST RATE — New York Federal Reserve President, William Dudley, said it’s too […] Read more
Global markets: U.S. Federal Reserve and China’s economy
Pulses: India imposing stock limits in bid to ease prices
CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Monday morning, Oct. 19. • With local pulse prices continuing to rise sharply, the Indian government has imposed limits on how many pulses food processors, importers, exporters and retailers can hold. Prices are nearly double what they were a […] Read more
Feed: El Nino pressures barley crop down under
CNS Canada — Following are a few highlights in the Canadian and world feed grains markets on Monday, Oct. 19. • CBOT corn futures were down by two to three cents per bushel at midday Monday, as harvest pressure in the U.S. and improving corn conditions in the Black Sea region weighed on prices. • […] Read more
Global markets: Kenya prompted to cut back on spending
CNS Canada, Oct. 16 — The following is a glance at the news moving markets globally. KENYA PROMPTED TO CUT EXPENDITURE BY IMF AND WORLD BANK – The World Bank and International Monetary Fund advised the Kenyan government to stop spending on non-priority projects. The country’s treasury has been borrowing shillings at a high interest […] Read more
Pulses: Mexican pinto bean crop to curb U.S. exports
CNS Canada –– Following are a few highlights in the Canadian and world pulse markets on Friday morning, Oct. 16. • There is good demand for chickpeas in the cash market as supplies are very limited due to festival season going on in India. The government has issued a fresh notice that duty free chickpeas […] Read more
Feed: Ukraine, U.S. corn harvest advancing
CNS Canada — Following are a few highlights in the Canadian and world feed grains markets on Friday, Oct. 16. • CBOT corn futures were posting small losses at midday Friday, with the December contract quoted at US$3.74 per bushel, as the advancing U.S. harvest and relatively favourable yield reports weighed on values. • Ukraine […] Read more
Pulses: Festivals, supply issues to keep India’s prices high
CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Thursday morning, Oct. 15. • Analysts say pulse prices will likely remain high in India as the market there faces a potent mix of lowered output, steady demand from festivals and slow imports that already fall short of demand. […] Read more
Feed: Australian drought hurts grain production
CNS Canada — Following are a few highlights in the Canadian and world feed grains markets on Thursday, Oct. 15. • CBOT corn futures were posting small losses at midday Thursday, with the December contract quoted at US$3.77 per bushel, as the advancing U.S. harvest and relatively favourable yield reports weighed on values. • Drought […] Read more
Global markets: Mine shutdowns, U.S. jobless claims
CNS Canada — The following is a glance at news moving markets globally. BHP EXECUTIVE SAYS SHUTTING MINES WON’T AFFECT PRICES – An executive from BHP Billiton Ltd., a multinational mining, metals and petroleum company, said mines being shut down will not affect commodity prices-like copper-because the mines being shut are not profitable. Some analysts […] Read more
Global markets: Japan, Germany cut economic forecasts
CNS Canada –– The following is a glance at the news moving markets globally. JAPAN CUTS INDUSTRIAL PRODUCTION, ECONOMIC OUTLOOK – The Japanese government downgraded its assessment of industrial production and identified some areas of weakness in a monthly government report released on Wednesday. The reduced forecast for industrial production is due to weaker demand […] Read more
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