By Commodity News Service Canada WINNIPEG, October 30 – The following is a glance at the news moving markets globally. CANADIAN ECONOMY GROWS FOR THIRD MONTH IN A ROW Canada’s […] Read more
Markets/Business
Global Markets: Canadian economy grows for third month
Canola testing chart support
CE Futures Canada canola contracts settled at their weakest levels in over a month on Oct. 29, and could be poised for further losses from a chart standpoint. The most […] Read more
U.S. livestock: Steep drop in pork belly prices sink CME lean hog futures
Chicago / Reuters – Chicago Mercantile Exchange lean hog futures ended lower on Thursday, pressured by downward-trending cash and wholesale pork prices, traders said. December closed down 1.525 cents per […] Read more
U.S. grains: Wheat, corn close firm on technical buying; soybeans slip
CHICAGO / Reuters – U.S. wheat futures rallied nearly 2 per cent on Thursday, supported by a round of short-covering and signs of improving export demand, traders said. A pickup […] Read more
More grain revenue on less grain in CN’s Q3 ledger
Lower grain traffic compared to last year’s record crop year hasn’t translated to lower third-quarter grain revenue for Canadian National Railway (CN). Montreal-based CN on Tuesday booked overall net income […] Read more
Global Markets: US GDP hits the brakes
WINNIPEG, October 29 – The following is a glance at the news moving markets globally. US GDP GROWTH SLOWED IN THIRD-QUARTER Economic growth in the US halted sharply in the […] Read more
PULSES: India throws cold water on US inspection proposal
Winnipeg, Oct 29. – Following are a few highlights in the Canadian and world pulse markets on Thursday morning, October 29. – Prices for chickpeas in Northwestern India have risen […] Read more
U.S. livestock: Live cattle futures rally by 3-cents/lb price limit
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures settled up by their 3-cents per lb daily price limit on Wednesday, boosted by short-covering in response to improved wholesale beef […] Read more
U.S. grains: Soy nears three-week low on Brazil rains, demand worries
Chicago | Reuters – U.S. soybean futures dropped to their lowest levels in nearly three weeks on Wednesday on expectations for rains to benefit plantings in Brazil, the world’s top exporter. […] Read more
Klassen: Live cattle futures lead feeder market higher
Western Canadian feeder cattle prices continued to climb last week for the second week in a row, as feedlot buying interest absorbed larger available supplies. Calves over 600 lbs. and […] Read more
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