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Canadian Financial Close: C$ lower for 4th straight day

By Commodity News Service Canada WINNIPEG, July 22 – The Canadian dollar declined against its US counterpart on Friday as tepid oil prices and a resurgent American greenback pointed the way lower. The loonie rallied briefly in the wake of positive May retail sales data but then dropped later in the day. The Canadian dollar […] Read more

Feed Grains: Asian feed orders cancelled

By Commodity News Service Canada WINNIPEG, July 22 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Friday, July 22. – According to the USDA, 41 ocean-going grain vessels were loaded in the gulf for the week ended July 14. That constitutes 46 per cent more grain […] Read more


Pulses: Field pea acreage in Manitoba doubled

By Commodity News Service Canada Winnipeg, July 22 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Friday, July 22. – Canada exported 200 tonnes of peas during the week ended July 17, as well as 200 tonnes of beans, according to the latest Canadian Grain Commission data. […] Read more

moving cattle

U.S. livestock: Live cattle futures rally before USDA report

Chicago / Reuters – Chicago Mercantile Exchange live cattle futures closed higher on Friday after short-covering and bargain hunting snapped a three-day losing streak, traders said. August live cattle ended 2.425 cents per lb higher at 109.950 cents, and October closed 2.375 cents higher at 108.075 cents. Investors were awaiting the U.S. Department of Agriculture’s monthly Cattle-On-Feed report on Friday at 2 […] Read more



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EU approves Monsanto Roundup Ready 2 Xtend beans

Reuters — The European Commission on Friday approved imports of Monsanto’s Roundup Ready 2 Xtend genetically modified soybeans, opening up an important export market for North American soybeans and easing their global rollout. The decision removes a hurdle for Monsanto in its dealings with farmers and grain traders, who have to keep track of whether […] Read more



ICE Canola Drops With US Soy And Fund Selling

By Dave Sims, Commodity News Service Canada WINNIPEG, July 22 – Canola contracts on the ICE Futures Canada platform were lower at 10:45 CDT on Friday, following steep losses in the US soy complex. “Funds are speculative sellers in here for sure. We’ve probably got them short 35,000 contracts and they’re likely good sellers on […] Read more


Canadian Dollar And Business Outlook

By Commodity News Service Canada WINNIPEG, July 22 (CNS Canada) The Canadian dollar was trading both sides of unchanged relative to its US counterpart Friday morning. Canada’s annual inflation rate rose in June on higher car and electricity prices, as well as increased costs associated with housing. The all-items consumer price index rose 1.5 per […] Read more

ICE canola pressured by losses in Chicago soybeans

By Jade Markus, Commodity News Service Canada WINNIPEG, July 22 – ICE Canada canola contracts were lower in early activity on Friday, pressured by weakness in Chicago Board of Trade soybeans. US soybeans declined Friday morning as fund traders liquidated positions. The Canadian dollar was slightly stronger against its US counterpart in early activity, which […] Read more