CNS Canada — ICE Futures Canada canola contracts advanced during the week ended Wednesday, as weakness in the Canadian dollar and solid support from vegetable oil pushed prices higher. The […] Read more
Markets/Business
ICE weekly outlook: Canola watching USDA report
CBOT weekly outlook: Corn, soybeans await data
CNS Canada — Soybeans and corn at the Chicago Board of Trade have been edging higher on investor short-covering ahead of a key report from the U.S. Department of Agriculture. […] Read more
U.S. grains: Wheat drops from two-week high
Chicago | Reuters — U.S. wheat futures tumbled more than two per cent on Wednesday, erasing two sessions of gains, as forecasts for rain in some dry areas of the […] Read more
Canary seed demand tepid, prices moving lower
CNS Canada — Despite now being approved for human consumption, demand for canary seed still hasn’t taken flight — and that’s being reflected in lower prices, one industry specialist says. The […] Read more
U.S. livestock: CME hogs finish higher
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a second straight day on Tuesday in a quiet session, with help from short-covering and technical buying, traders […] Read more
End of China’s corn stockpiling threatens global feed trade
Chicago | Reuters — Grain traders worried on Tuesday about the risk for reduced demand from China after the government said it would scrap its corn stockpiling program at a […] Read more
Ocean freight rate index climbs
CNS Canada — Ocean freight rates have shown some steady strength over the past two months, with the Baltic Dry Index (BDI) back above 400 points. The BDI set a […] Read more
China to end state corn stockpiling, free up prices
Beijing | Reuters — China plans to scrap its corn stockpiling scheme and allow markets to set prices for the grain, pushing to boost efficiency on its farms and to […] Read more
U.S. grains: Wheat extends gains on dry, chilly weather
Reuters — Chicago wheat climbed on Tuesday to add to sharp gains a day earlier as the market assessed the risk of yield losses to U.S. crops due to a […] Read more
China delays implementing Canadian canola standard
Winnipeg | Reuters –– China has delayed implementing a tougher standard on Canadian canola shipments, just days before it was to take effect, as a result of talks between the […] Read more
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