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Daily Network News

  • May canola settled at C$704.90 per tonne on April 8, falling out of the sideways trading range it had held for the previous three weeks. Photo: Zak McLachlan

    ICE weekly: War news driving canola markets

    14 hours ago
  • An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. “The Middle East war is upending lives and livelihoods in the region and beyond. It has already triggered one of the largest disruptions to global energy markets in modern history,” said the World Bank, International Monetary Fund and the U.N. World Food Programme. Photo: REUTERS/Benoit Tessier

    War is increasing food prices, insecurity say IMF, World Bank and UN food agency

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Pulses

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybeans, corn fall on bumper yield forecasts; wheat steadies

By Heather Schlitz, Reuters August 16, 2024
Chicago Board of Trade soybeans and corn futures turned lower on Friday, with both also notching a third weekly loss, as farmers kept clearing out their grain bins ahead of a U.S. harvest that is forecast to see massive yields, traders said.

Agriculture groups campaign against rail strike
News

Agriculture groups campaign against rail strike

By Don Norman August 15, 2024
Pulse Canada has organized a letter writing campaign to push the government to halt the looming labour stoppage at Canada's railways.


(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: cattle futures dip on stronger dollar, slow cash trade

By Heather Schlitz, Reuters August 15, 2024
Chicago Mercantile Exchange (CME) live and feeder cattle futures eased on Thursday, as generally quiet cash market and a strengthening U.S. dollar left cattle futures in a range-bound trade, traders said.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Wheat loses overnight rally; soybeans and corn futures dip

By Heather Schlitz, Reuters August 15, 2024
Chicago Board of Trade wheat futures ended lower on Thursday as cheap Black Sea exports kept weighing on the market, which had risen overnight on a rally sparked by a Russian attack on Ukrainian port infrastructure.


(Photo: iStock)
Crops

Saskatchewan harvest underway amid hot and dry weather

By Phil Franz-Warkentin August 15, 2024
Pasture conditions in much of Saskatchewan were diminishing due to the hot and dry conditions. While sporadic rainfall in north and east parts of the province will benefit later seeded crops as they mature, but came too late for early seeded crops.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Soybeans firm after bouncing back from latest four-year low

By Heather Schlitz, Reuters August 14, 2024
Chicago soybeans rose on Wednesday, bouncing back on technical trading after hitting another four-year low, according to analysts.


Photo: Thinkstock
Markets

CBOT Weekly: Conditions for U.S. soybeans, corn ‘just ideal’

By Glenn Cheater August 14, 2024
With rain forecast for most of the United States Corn Belt, the prospects for larger than expected soybean and corn crops is pretty much certain, according to broker Scott Capinegro of AgMarket Inc. in Chicago.

Photo: CP/File
News, Reuters

Industry and shippers brace for Canada rail stoppage, fear ‘catastrophe’

By David Ljunggren, Promit Mukherjee, Reuters August 14, 2024
North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of Canada's main railway companies that could inflict billions of dollars' worth of economic damage.


Rail cars in Vancouver. Photo courtesy/copyright Canadian National Railway
News

Agriculture groups redouble pressure on governments, railways stop strike or lockout

By Janelle Rudolph August 14, 2024
Producer and agriculture groups across Canada launched a ‘Stop the Strike’ writing campaign asking the federal ministers of agriculture and labour to use all their means to stop rail workers from walking off the job.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybeans set another four-year low following USDA report

By Renee Hickman, Reuters August 13, 2024
Chicago soybean futures lost more ground on Tuesday, setting another four-year low a day after U.S. Department of Agriculture data reinforced the prospect of a bumper U.S. harvest.


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