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India, Canada to work up pulse export protocols

The prime ministers of Canada and India have agreed to sort out new and predictable rules governing exports of Canadian pulse crops. Prime Minister Justin Trudeau, on a state visit this week to India, released a joint statement with India’s Prime Minister Narendra Modi on Friday calling for the two countries to reach a new […] Read more


U.S. grains: Soybeans near one-year high

Chicago | Reuters — U.S. soybean futures neared a one-year high on Friday as concerns mounted about crop losses from a searing drought in Argentina, the world’s biggest exporter of soymeal and soyoil. Argentina, which is also the world’s No. 3 supplier of soybeans and corn, has been grappling with dry weather since late last […] Read more

Feeder cattle basis analysis

Finishing at least some of your own calves is a diversification measure

In my previous article, I provided a brief overview of last year’s series of articles on price risk management for feeder cattle. In this column I will continue the discussion and also answer some of the main questions producers had last year. Cow-calf producers are becoming more familiar with the basis level for their local […] Read more

Canadian Financial Close: Loonie firms with crude oil

By Commodity News Service Canada WINNIPEG, February 23 (CNS) – The Canadian dollar rose against its U.S. counterpart on Friday, buoyed by rising crude oil prices. There is speculation the American greenback may start to weaken in the near-future due to rising debt levels. A new report from Scotiabank suggests car and truck sales across […] Read more

Canola exports slow down in latest weekly report

CNS Canada — Weekly Canadian canola exports were down during the week ended Sunday, hitting their lowest level since September 2017, according to the latest Canadian Grain Commission data. Canada exported only 129,000 tonnes of canola during the latest reporting period, which compares with the previous five-week average of 194,800 tonnes. Total canola exports during […] Read more

North American Grains/Oilseed Review – Canola Rises With Technical Support

By Dave Sims, Commodity News Service Canada Winnipeg, February 23 (CNS Canada) – The ICE Futures Canada canola complex finished the week on a high note. Futures eked out small gains on the back of higher vegetable oil prices and trader positioning ahead of the weekend. The most-active May contract enjoyed some technical support at […] Read more

ICE Canola Firms with Veg Oil

By Dave Sims, Commodity News Service Canada WINNIPEG, February 23 (CNS) – Canola contracts on the ICE Futures Canada platform were slightly higher on Friday, taking strength from gains in vegetable oil markets. Technical buying was a feature of the day. Excess rain in Brazil and dry soil conditions in Argentina lent support to values. […] Read more

Global Markets: Royal Bank reaps strong profit

By Commodity News Service Canada WINNIPEG, Feb. 23, 2018 – General Mills Inc. is getting into the pet food business. The maker of Cheerios is buying Blue Buffalo Pet Products Inc. in a deal worth US$8 billion. Last year Blue Buffalo earned more than US$1 billion in annual sales. Royal Bank of Canada earned a […] Read more

Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, MB, Feb. 23, 2018 (CNS Canada) – The Canadian dollar was higher Friday morning, taking support from the stock market. At 8:59 CST Friday morning the Canadian dollar was at US$0.7880 or C$1.2692, which compares with Thursday’s North American close of US$0.7868 or C$1.2709. Oil prices slipped Friday as […] Read more