GFM Network News

Global Markets: Will Mark Carney run for the Liberals?

Party brass prohibits media questions

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Former Bank of Canada Governor Mark Carney threw his support behind the governing Liberal Party of Canada during its virtual convention over the weekend. Carney, who is also the former […] Read more

CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn eases after WASDE report

Wheat futures firm on tight stocks; soybeans fall on South American production

Chicago | Reuters — Chicago corn ended lower on Friday after the U.S. Department of Agriculture assessed global supply and demand within analyst estimates. Wheat strengthened as global supply shrank on Chinese feed consumption, while soybeans eased on larger stocks in South America. The most active corn contract on the Chicago Board of Trade ended […] Read more

CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle ease after week of rising cash cattle, beef prices

Lean hog futures continue higher

Chicago | Reuters — U.S. live cattle futures on the Chicago Mercantile Exchange eased on Friday, as basis between cash cattle and futures narrowed, analysts said. “We had some profit taking, because the cash market finally surged higher,” said Cassie Fish, analyst and author at the blog, The Beef. Cash cattle traded as high as […] Read more

ICE canola up at midday ahead of USDA report

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 9 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, hitting fresh contract highs in the nearby May contract as concerns over tightening supplies remained supportive. Chart-based speculative buying was a feature, as investors adjusted positions ahead of the weekend. Drought conditions across much of Western Canada […] Read more

Global Markets: Prince Philip dies at 99

By MarketsFarm WINNIPEG, April 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Prince Philip, husband to Britain’s Queen Elizabeth, has passed away at 99 years old, two months before his 100th birthday, Buckingham Palace announced on Friday. Officially titled the Duke of Edinburgh, Philip was […] Read more