Chicago Board of Trade corn, soybean and wheat futures weakened on Friday on renewed worries that trade disputes could hurt demand for U.S. farm products, analysts said.
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market saw a continuation of Thursday’s rally on Friday, hitting its highest levels since November as tightening stocks and the need to ration demand provided support. Statistics Canada reported canola stocks in the country as of Dec. 31 at 11.382 million tonnes, which […] Read more
With a decline of 19.2 per cent, total canola stocks in Canada dropped from a year ago, while all wheat stocks bumped up 0.9 per cent, Statistics Canada reported on Feb. 7.
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, hitting fresh three-month highs as tightening supplies and the need to ration demand provided support. Statistics Canada reported canola stocks in the country as of Dec. 31 at 11.382 million tonnes, which compares with 14.087 million at […] Read more
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that the country added 76,000 jobs in December and the unemployment rate of 6.6 per cent declined by 0.1 of a point from November. Analysts had expected 25,000 jobs to […] Read more
Glacier FarmMedia | MarketsFarm – The Canadian dollar was on the rise after the release of welcome economic data on Friday morning. The loonie was at US$0.6994 or US$1=C$1.4298 as of 8:36 a.m. CST, compared to Thursday’s close at US$0.6982 or US$1=C$1.4322. Statistics Canada reported on Friday that Canada added 76,000 jobs in December, bringing […] Read more
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Friday morning following the release of Statistics Canada stocks report. Total on farm and commercial canola stocks as of Dec. 31 were estimated at 11.38 million tonnes, down from 14.09 million a year ago. StatCan said the reduced stocks were […] Read more
Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Thursday. The loonie closed at US$0.6982 or US$1=C$1.4322, lower than US$0.6995 or US$1=C$1.4295 on Wednesday. The United States Dollar Index added 0.13 points at 107.71. Crude oil was in decline on Thursday. Brent crude oil weakened US$0.33 at US$74.2 per barrel. West Texas […] Read more
Chicago Board of Trade wheat futures climbed to their highest level since October on Thursday as cold weather stoked concerns about potential crop damage in the Black Sea region, analysts said.