Markets
Statistics Canada published its crush and grain deliveries reports on Dec. 24.
Markets
StatCan issues crush, delivery reports
Canola crush, deliveries step back in November
North American Grain and Oilseed Review: Canola can’t sustain gains
U.S. wheat, corn edge higher, as soybeans fall
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – As the trading of canola futures on the Intercontinental Exchange resumed following Christmas and Boxing Day, they failed to hang to their late session increases on Friday with most contracts closing to the downside. Pressure on the Canadian oilseed came from losses in Chicago soybeans and […] Read more
ICE Canola Midday: Oilseed trying to recover
StatCan reports stronger November crush
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mostly lower by late Friday morning, as trading resumed following Christmas and Boxing Day. However, those declines were softer than those in the overnight session. Pressure on the Canadian oilseed came from losses in Chicago soybeans and soymeal as well as in […] Read more
Global Markets: LeBlanc, Joly meeting with Trump officials
To discuss tariff threat made by Trump
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Justin Trudeau dispatched Finance Minister Dominic LeBlanc and Foreign Affairs Minister Melanie Joly to Florida on Friday to meet with top aides for United States President-elect Donald Trump. […] Read more
China investigates beef imports as oversupply squeezes prices
China will launch an investigation into beef imports, the commerce ministry said on Friday, as the world's biggest meat importer and consumer grapples with an oversupplied market that has sent domestic prices to multi-year lows.
Canadian Dollar and Business Outlook: Loonie eases back
Trading resumes following Christmas and Boxing Day
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was a pinch lower on Friday morning as trading in the currency resumed following Christmas and Boxing Day. As of 8:36 am CST, the loonie was at US$0.6943 or US$1=C$1.4403 compared to Tuesday’s close of US$0.6951 or US$1=C$1.4386. On the U.S. Dollar Index, the greenback […] Read more
ICE Canada Morning Comment: Canola slips back
Trading resumes following holidays
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower Friday morning as activity resumed following Christmas and Boxing Day. The March canola contract remained above its 20-day moving average but lagged behind its other major averages. Pressure on the Canadian oilseed came from declines in Chicago soybeans and soymeal along […] Read more
ICE canola futures jump on speculative buying
Canola's rise comes as buyers have moved in while farmers have backed off sales. Farmers tend to sell less in the last weeks of December if their fiscal year ends on Dec. 31, and then sell more heavily in early January.
U.S. livestock: CME lean hogs end flat, demand for US pork underpins prices
Chicago Mercantile Exchange lean hog futures finished flat on Tuesday as strong demand for U.S. pork underpinned the market a day after federal data showed the nation's herd was slightly bigger than expected, analysts said.
U.S. grains: Soy futures extend recovery from four-year low hit last week
Chicago Board of Trade soybean futures finished higher on short covering on Tuesday as the market extended a rebound from a four-year low reached last week.
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