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Canola dipped at midday Monday

By Marlo Glass, MarketsFarm WINNIPEG, June 20 (MarketsFarm) – The ICE Futures canola market was steady to down at midday Thursday. Rain in key growing areas of the Prairies put a lid on canola prices, though precipitation in the region remains below-average. Further losses in the canola market were avoided thanks to strong U.S. soybean […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 20 (MarketsFarm) The Canadian dollar was stronger on Thursday morning, following a jump in oil prices. At 8:45 CDT Tuesday morning, the Canadian dollar was at US$0.7598 or C$1.3161, which compares with Tuesday’s North American close of US$0.7495 or C$1.3343. Oil prices surged after reports that Iran shot down a United […] Read more


Global Markets: U.S. drone shot down in Middle East

By MarketsFarm WINNIPEG, June 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Tensions in the Middle East skyrocketed as Iran shot down an United States drone reportedly flying over international air space. Iran stated the drone was flying over the southern part of the country. […] Read more

Prairie rains weigh on ICE canola early Thursday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 20 (MarketsFarm) – ICE Futures canola contracts were down sharply Thursday morning, as improving Prairie moisture prospects and gains in the Canadian dollar weighed on values. Dry areas of south central Saskatchewan were seeing some shower activity Thursday morning, with more precipitation in the nearby forecasts. While more rain […] Read more





Pulse weekly outlook: India’s drought could be field pea opportunity

MarketsFarm — Though India has curbed its pulse crop imports from Canada in recent years due to disagreements over crop control and fumigation, a challenging growing season in India could make Canadian pulses more attractive. Drought-like conditions in key growing areas of India have killed dozens of people and endangered crops. According to Reuters, key […] Read more