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(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat ends week down 3.6 per cent

Chicago | Reuters — U.S. corn and wheat futures firmed on Friday on bargain-buying a day after falling to multi-month lows, but both grains posted weekly declines reflecting swelling global supplies. Soybeans ended modestly lower after a choppy session. Chicago Board of Trade March wheat settled up 8-3/4 cents at $4.04-1/4 per bushel and March […] Read more



Canadian Financial Close: Loonie advances with labor data, oil

WINNIPEG–The Canadian dollar rose against its US counterpart on Friday tracking higher oil prices and robust labor data. Canada added 10,000 jobs in November, which exceeded most estimates made earlier in the week. The Canadian dollar closed at C$0.7528 or US$1.3283, compared to Thursday’s close of C$0.7509 or US$1=C$1.3317. The S&P/TSX Composite Index finished stronger, […] Read more

Pulses: Fababeans to make recovery in Alberta

By Dave Sims, Commodity News Service Canada Winnipeg, December 2 – Yellow peas in Western Canada are up 20 cents on the week. According to the Prairie Ag Hotwire, bids range between C$6.85 at the lows to C$8.75 at the highs. Cranberry beans were up by half a cent on the week to 49 cents […] Read more


North American Grains/Oilseed Review – Canola firms in weekend positioning

By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, December 2 – THE ICE Futures Canada canola market finished slightly higher on Friday, as traders adjusted positions before the weekend and before the release of crop estimates by Statistics Canada early next week. Soyoil came off its lows before the close which added […] Read more

Feed Grains: Large Canadian grain supplies expected

By Commodity News Service Canada WINNIPEG, Dec. 2 (CNS Canada) – Statistics Canada’s production estimates, due out on December 6, are generally expected to show large wheat and barley crops. While the data won’t break down by quality, more grain is grading feed than normal this year due to the adverse weather. Trade estimates on […] Read more


ICE Canola Dips Ahead of Weekend

By Dave Sims, Commodity News Service Canada WINNIPEG, December 1 – Canola contracts on the ICE Futures Canada platform were lower at 10:41 CST on Friday, in sympathy with Chicago Board of Trade soyoil. The Canadian dollar was slightly higher relative to its US counterpart, which made canola less desirable from an out-of-country viewpoint. Losses […] Read more

Global Markets: OPEC to finalize oil deal

By Commodity News Service Canada WINNIPEG, December 2 – The following is a glance at the news moving markets globally. – OPEC has scheduled a meeting with non-OPEC members to put the finishing touches on a deal to limit the global supply of crude oil. Earlier this week OPEC agreed to slash output by 1.2 […] Read more


ICE Canola Down Early Friday Morning

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 2 (CNS Canada) – ICE Canada canola contracts were mostly lower Friday morning, as losses in CBOT soyoil and a firmer Canadian dollar weighed on values. Uncertainty ahead of next week’s Statistics Canada crop production report was another factor keeping some caution in the market, as […] Read more

Canadian Dollar And Business Outlook

By Commodity News Service Canada Winnipeg, December 2 – The Canadian dollar was higher compared to its US counterpart Friday morning, following the rally in crude oil while also taking strength from advancing gold prices. At 8:50 CST, the loonie was up 0.0022 of a cent to US$0.7528 or US$1=C$1.3284. At 8:50 CST Friday morning, […] Read more