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U.S. livestock: CME cattle futures end up on firm cash trade

Lean hog futures close mixed

Chicago | Reuters — U.S. live cattle futures closed modestly higher on Friday, supported by strength in cash cattle markets this week, but uncertainty about beef demand in the coming months capped rallies, analysts said. Chicago Mercantile Exchange October live cattle futures settled up 0.575 cent at 107.35 cents/lb. and December rose 0.525 cent to […] Read more



U.S. grains: Soy extends climb, wheat jumps

Dry weather elsewhere supports wheat futures

Chicago | Reuters — Chicago soybean futures extended their bull run on Friday, reaching a two-year top as top global buyer China continued with daily purchases of U.S. soybeans. Wheat futures surged more than three per cent on fears of tightening supplies from key exporters, and corn futures rose for a third straight session. Chicago […] Read more

Canadian Financial Close: Loonie climbs a pinch to close out week

Wholesale trade, retail sales provide support

By MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – The Canadian dollar bumped up a little on Friday, getting support from increases in wholesale trade and retail sales reports. The dollar finished at US$0.7584 or US$=C$1.3186, compared to Thursday’s close of US$0.7576 or US$1=C$1.3200. Statistics Canada reported the wholesale trade rose 4.3 per cent in July, more […] Read more



ICE canola narrowly mixed at midday Friday

WINNIPEG, Sept. 18 (MarketsFarm) – The ICE Futures canola market was trading to either side of unchanged at midday Friday, seeing some consolidation ahead of the weekend after posting large gains in recent sessions. Canola climbed above former longtime chart resistance to hit fresh two-year highs over the past week, making the market look overbought […] Read more


Global Markets: U.S. to ban TikTok downloads

WINNIPEG, Sep. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States government will ban Americans from downloading the Chinese-owned TikTok and WeChat apps as of this upcoming Sunday, amid U.S. concerns that the apps pose a national security threat. TikTok will still function […] Read more

ICE canola futures: Prices lower Friday morning

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker on Friday morning, correcting lower after hitting substantial highs in yesterday’s trade. Nearby soyoil contracts were down by about a tenth of a cent in early morning trade, contributing to the lower tone for canola. The Canadian dollar […] Read more


Canadian Dollar and Business Outlook: Loonie holding firm

Crude oil mixed Friday morning

By MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – The Canadian dollar was relatively steady on Friday morning, getting a little bit of strength from the Statistics Canada report citing retail sales rose 0.6 per cent in July. As of 8:44 CDT, the Canadian dollar was at US$0.7584 or C$1.3192, compared to Thursday’s close of US$0.7576 or […] Read more

U.S. grains: Soybeans touch two-year top on China buying spree

Wheat up on technical buying, cash prices

Chicago | Reuters — U.S. soybean futures extended their rally on Thursday, rising 1.7 per cent to set a two-year high as brisk demand from China continued to support the oilseed market. Corn rose as the strength in soybeans overshadowed pressure from a smaller-than-expected Chinese corn import quota. Wheat futures jumped on technical buying and […] Read more