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Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Jan. 17 (CNS Canada) – The Canadian dollar was sharply stronger Tuesday morning, as advances in crude oil and weakness in the US dollar provided support. At 9:00 CST Tuesday morning the Canadian dollar was at US$0.7667 or C$1.3043 which compares with Monday’s North American close of US$0.7583 or […] Read more

ICE canola follows US soy complex higher

By Jade Markus, Commodity News Service Canada WINNIPEG, January 17 – ICE Canada canola contracts were higher in early activity on Tuesday, following advances in the US soy complex. Chicago Board of Trade soybeans, soy meal, and soy oil advanced in the markets’ first trading day of the week. US markets were closed on Monday […] Read more


Global markets: Theresa May speaks on Brexit

By Commodity News Service Canada WINNIPEG, January 17 – The following is a glance at the news moving markets globally. – British Prime Minister Theresa May gave a framework for the country’s separation from the European Union on Tuesday. May laid out 12 objectives to the press, including the UK controlling its own laws, immigration […] Read more

Canadian Financial Close: TSX falls with manufacturing worries

By Commodity News Service Canada WINNIPEG, January 16 – The Canadian dollar weakened against its US counterpart Monday in thin trading. US markets were closed in observance of Martin Luther King Jr. Day. The Canadian dollar closed at C$0.7583 or US$1=C$1.3187, compared to Friday’s close of C$0.7618 or US$1=C$1.3126. The S&P/TSX Composite Index declined on […] Read more


Pulses: North Dakota dry bean farmers enjoy big harvest

By Dave Sims, Commodity News Service Canada Winnipeg, January 16 – Prices for light kidney beans in Western Canada fell one cent last week to an average bid of 43 cents per pound, according to information from the Prairie Ag Hotwire. Number one laird lentils were holding steady in a range of 61-69 cents per […] Read more

Feed Grains: China imposes duties on US DDGs

By Commodity News Service Canada WINNIPEG, Jan. 16 (CNS Canada) – China has implemented anti-dumping import duties on US distillers dried grains (DDGs), which may limit demand for the ethanol-by-product from the country. Chinese corn imports are also expected to go down by as much as two million tonnes over the next year, according to […] Read more


North American Grains/Oilseed Review – Canola firms in quiet trade

By Dave Sims, Commodity News Service Canada Winnipeg, January 16 – THE ICE Futures Canada canola market settled higher in thin trading on Monday. Canola took strength from gains in vegetable oil and technical trading. The market received technical support from the C$500 per tonne level. Some parts of South America are too dry, which […] Read more

ICE Canola Firms with Veg Oil in Low Trade

By Dave Sims, Commodity News Service Canada WINNIPEG, January 16 – Canola contracts on the ICE Futures Canada platform were stronger at 10:30 CST on Monday in thin trade, taking strength from gains in Malaysian palm oil and European rapeseed futures. The Canadian dollar was lower which made canola more attractive to international buyers. Dry […] Read more


Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Jan. 16 (CNS Canada) The Canadian dollar was weaker Monday morning, as losses in crude oil put some pressure on the energy-linked currency. At 9:03 CST Monday morning the Canadian dollar was at US$0.7605 or C$1.3149 which compares with Friday’s North American close of US$0.7618 or C$1.3126. The losses […] Read more

ICE canola starts week off higher

By Jade Markus, Commodity News Service Canada WINNIPEG, January 16, 2017 – ICE Canada canola contracts were higher in early activity on Monday, propped up by losses in the Canadian dollar. The loonie lost ground against its US counterpart at the start of the week, moving below the psychologically important 76 US cent level. Losses […] Read more