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Tough years can mean tough discounts at the grain elevator

Published in Columns, Markets by ,

Second-quarter beef production to affect market

Published in Cattleman’s Corner, Livestock, Markets by ,

Calf prices below year-ago levels

Published in Cattleman’s Corner, Livestock, Markets by ,
Tough, moist grain will take a price hit Market Update with Jerry Klassen Calf prices below year-ago levels

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Crops, Markets

Prairie cash wheat: Bids steady to lower

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MarketsFarm — Wheat bids in Western Canada were lower for the week ended Thursday. Canada Western Red Spring (CWRS) wheat had larger declines, while Canada Prairie Spring Red (CPSR) and durum (CWAD) were steady to lower. The Canadian dollar dropped almost a half cent during the week. Average CWRS (13.5 per cent protein) wheat prices […] Read more
ice futures
Canola, Crops, Markets

Fund traders hold steady in canola

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MarketsFarm — Commodity fund traders are maintaining a steady short position in ICE Futures canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in at 53,576 contracts on Tuesday, steady with the previous week. Open […] Read more
CN
Crops, Markets, Reuters

CN to cut management, union jobs

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Reuters — Canadian National Railway said on Friday it would cut management and union jobs, as the largest Canadian railroad operator grapples with an economic slowdown. The company will lay off 1,600 employees in the U.S. and Canada, according to a report by the Globe and Mail. The announcement comes amid declining freight volumes as […] Read more

Canadian Financial Close: Canadian dollar stronger along with stock markets, oil

By MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – The Canadian dollar finished stronger on Friday, after dabbling around 75.4 U.S. cents earlier in the week. The dollar finished the day at US$0.7558 or US$1=C$1.3231, compared to Thursday when it closed at US$0.7543 or US$1=C$1.3258. The TSX, S&P 500, NASDAQ and Dow finished at record highs following […] Read more

North American Grain/Oilseed Review: Canola settles narrowly mixed

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Nov. 15 (MarketsFarm) – The ICE Futures canola market continued to lack any clear direction on Friday, holding within a narrow sideways trading pattern to end narrowly mixed. Losses in Chicago soyoil cut into crush margins, which put some pressure on values. However, margins remained near their best levels of […] Read more

ICE canola steady at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – ICE Futures canola contracts were trading within 50 cents of unchanged at midday Friday, as the market remained stuck in a narrow trading range. Losses in Chicago Board of Trade soyoil and a firmer tone in the Canadian dollar cut into crush margins, which put some […] Read more

Global Markets: U.S. stocks hit record highs

By MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States stock markets were trading at record highs Friday morning, as improved sentiment over trade talks with China provided some support to equities. The Dow Jones Industrial Average was up by nearly […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) The Canadian dollar was slightly stronger on Friday morning, bouncing back from a week of lows. At 8:20 CST, the Canadian dollar was at US$0.7550 or C$1.3245, which compares with Thursday’s North American close of US$0.7543 or C$1.3258. Global stocks were mixed to start the day, following reports that […] Read more