Stories from our other publications

Russia not planning expanded ban on Western foods

Moscow | Reuters — Russia does not plan to expand the list of banned Western food products, Agriculture Minister Alexander Tkachev told reporters. Earlier on Friday, Russian Prime Minister Dmitry Medvedev ordered his ministers to draft proposals to extend Moscow’s food import ban until the end of 2017. The Agriculture Ministry has already started preparing […] Read more

Canadian Financial Close: C$ drops after fed hints at rate hike

By Commodity News Service Canada WINNIPEG, May 27 – The Canadian dollar dropped against its US counterpart on Friday, in the wake of bearish comments from Federal Reserve Chairwoman Janet Yellen. Yellen hinted the fed is open to raising rates. She stated that the reserve is to “gradually and cautiously” raise its short-term interest rate […] Read more

ICE Canada Review: Canola ends mixed on spread-based trade

By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 27 – THE ICE Futures Canada canola market finished mixed Friday, as spread-based action pushed the front-month contract below unchanged while the more-deferred contracts picked up modest gains. Traders were also adjusting positions ahead of the Memorial Day long weekend in the US. […] Read more

ICE Canola Drifts Lower on Spread Selling

Canola contracts on the ICE Futures Canada platform were lower at 10:40 CDT on Friday, as traders exited the July contract in favour of the more deferred values. “Soybeans are up, down and sideways, meal is under pressure. Are we done with that crazy rally? Canola is caught in the middle, watching the US market […] Read more

Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, May 27 – The Canadian dollar was lower against its American counterpart Friday morning, following declines in crude oil and gold. Valeant Pharmaceuticals International Inc.(VRX) is reportedly the target of a fresh takeover offer from a group in Japan. Canadian grocer Loblaw Cos. (L.T) said it is considering selling […] Read more

ICE canola gathers support from falling loonie

By Jade Markus, Commodity News Service Canada WINNIPEG, May 27 – ICE Canada canola contracts were stronger in early activity on Friday, propped up by declines in the Canadian dollar. The loonie lost ground against its US counterpart Friday morning, pressured by weaker crude oil prices and favourable US GDP data. A lower Canadian dollar […] Read more