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Canadian Financial Close: Wholesale trade report, Canadian crude balance off

By MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The Canadian dollar was firm at market close on Monday, as 1.7 per cent increase in the wholesale trade was balanced off by a slight dip in Western Canadian Select (WCS) crude oil. The loonie finished the day at US$0.7536 or US$1=C$1.3270, which compares with Friday’s close of […] Read more


North American Grain/Oilseed Review

WINNIPEG, Sept. 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly stronger on Monday, thanks to spillover support from soybeans on the Chicago Board of Trade. However, canola values are expected to remain largely range-bound, with nothing signaling a big move in markets. On Monday, 18,876 contracts were traded, which compares with Friday […] Read more

Canola prices receive a boost on Monday

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The ICE Futures canola market was higher at midday Monday, gleaning spillover support from soybeans on the Chicago Board of Trade. “Earlier in the day, canola was following U.S. markets pretty precisely,” remarked one Winnipeg-based trader. However, the rally is likely to be short-lived, as soybean […] Read more


Global Markets: More reports of African Swine Fever across Asia

By MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – South Korea, the Philippines, and China have reported additional cases of African Swine Fever. A total of 12 villages in the Philippines have reported cases of the disease since Sept. 9. South […] Read more

ICE canola stronger early Monday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, as gains in the Chicago Board of Trade soy complex provided support. Soybeans dropped sharply on Friday after a Chinese trade delegation cancelled plans to visit some United States farms. However, there was renewed optimism over trade […] Read more


Canadian Dollar and Business Outlook: Loonie holding firm

By MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The Canadian dollar was firm Monday morning, as world crude was up versus the TSX being down. As of 8:50 CDT, the Canadian dollar was at US$0.7536 or C$1.3271. That compares to Friday’s North American close of US$0.7533 or C$1.3275. Crude oil prices were up slightly on Monday […] Read more