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soybean harvest

U.S. confirms China soybean purchase, but no clarity over more sales

Chicago/Washington | Reuters — U.S. government officials on Thursday hailed China’s first meager purchase of U.S. soybeans since its trade war with the United States began in July and said they hoped for, but could not guarantee, more to come. The U.S. Department of Agriculture (USDA) announced private sales of 1.13 million tonnes of U.S. […] Read more

Canadian Financial Close: Dollar down with TSX

By Commodity News Service Canada WINNIPEG, Dec. 13 (CNS) – The Canadian dollar was weaker at market close, dragged down by a drop in the stock market. The Canadian dollar settled Thursday at US$0.7486 or C$1.3359, compared to Wednesday’s North American close of US$0.7493 or C$1.3346. Oil prices rose Thursday, supported by United States inventory […] Read more


North American Grains and Oilseeds Review: Canola drops with soy

By Ashley Robinson, Commodity News Service Canada Winnipeg, Dec. 13 (CNS Canada) – The ICE Futures canola contacts finished the day weaker, dragged down by a drop in the soy complex. Chicago Board of Trade soybean, oil and meal contracts were all weaker. The United States Department of Agriculture confirmed this morning China did buy […] Read more

ICE canola contracts down after China news

By Ashley Robinson, Commodity News Service Canada WINNIPEG, Dec. 13 2018 (CNS Canada) – ICE Futures canola contracts are weaker at midday Thursday, following the lead of the soy complex. The United States Department of Agriculture confirmed this morning that China did in fact buy U.S. soybeans yesterday; however it wasn’t as much as traders […] Read more


Global Markets: Apple expanding U.S. manufacturing

The following is a glance at the news moving markets in Canada and globally. There is concern from exporters in Canada that business could be affected by the ongoing Huawei drama. Professionals in the agriculture, lumber, banking and luxury goods industries are concerned their business dealings with China could fall victim in retaliation. China imported […] Read more

Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Dec. 13 (CNS Canada) – The Canadian dollar down Thursday morning following losses in oil and gold. At 8:48 CST Thursday morning the Canadian dollar was at US$0.7478 or C$1.3369, which compares with Wednesday’s North American close of US$0.7493 or C$1.3346. Concerns are rising that China could target Canadian […] Read more


ICE canola weakens with soybeans early Thursday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 13 (CNS Canada) – ICE Futures canola contracts were weaker Thursday morning, taking some direction from Chicago Board of Trade soybeans and soyoil. Reports that China was purchasing United States soybeans once again should be supportive for the oilseeds. However, a ‘buy the rumour, sell the […] Read more

quinoa

Opinions differ on quinoa prices in 2019

CNS Canada — There are opposing views on what will happen with Canadian quinoa prices in 2019. One buyer believes the specialty crop will increase a few cents per pound; another believes the price will slightly decrease in the New Year. Dan Boulton of NorQuin at Saskatoon said there is a world shortage of quinoa, […] Read more