By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 14 (CNS Canada) – ICE Futures canola contracts were stronger at midday Tuesday, taking some direction from Chicago Board of Trade soybeans and soymeal. Soymeal was the driver in the United States market, as Argentina announced it was suspending a program of cutting export taxes. That […] Read more

By Commodity News Service Canada WINNIPEG, Aug. 14 (CNS Canada) The Canadian dollar was stronger Tuesday morning, as concerns eased over the economic crisis in Turkey. At 9:23 CDT Tuesday morning the Canadian dollar was at US$0.7643 or C$1.3084 which compares with Monday’s North American close of US$0.7613 or C$1.3136. After dropping sharply in recent […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, Aug 14 (CNS) – One of Canada’s big banks is looking to expand in Latin America. Scotiabank is acquiring Banco Dominicano del Progreso. The bank is located in the Dominican Republic and has 57 branches. The move is subject to regulatory approval. The Turkish currency remains under […] Read more

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 14, 2018 (CNS Canada) – ICE Futures canola contracts were down Tuesday morning, under pressure from a strong Canadian dollar. Chicago Board of Trade soybeans and meal contracts were all up, while soyoil contracts were mostly down. A weaker American dollar is providing support for […] Read more

By Commodity News Service Canada WINNIPEG, Aug 13 (CNS) – The Canadian dollar closed lower Monday, as the impact of the Turkey currency crisis continued to drag world markets down. The Canadian dollar settled Monday at US$0.7613 or C$1.3136, compared to Friday’s North American close of US$0.7626 or C$1.3113. Markets around the world slid as […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Aug. 13 (CNS Canada) – ICE Futures canola contracts settled with small gains on Monday after posting losses in the most active months for most of the session. Gains in Chicago Board of Trade soybeans and soyoil provided some underlying support for canola, while a softer tone […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 13 (CNS Canada) – ICE Futures canola contracts were mixed at midday Monday, although the bias was lower in the most active months amid ideas that the market was looking overpriced compared to other oilseeds. A shift to cooler weather across much of Western Canada, after […] Read more

By Commodity News Service Canada WINNIPEG, Aug. 13 (CNS Canada) The Canadian dollar was slightly softer Monday morning, as the currency crisis in Turkey continued to roil the global financial markets. At 9:20 CDT Monday morning the Canadian dollar was at US$0.7618 or C$1.3127 which compares with Friday’s North American close of US$0.7626 or C$1.3113. […] Read more