Markets
An ongoing dispute between Canada and India involving the assassination of a Sikh man on Canadian soil has Canada's lentil market fearing that one of its largest trading partners may shut its doors to the pulse.
Markets
Pulse weekly: Lentil market watching India dispute
North American grain/oilseed review: Canola drops sharply lower
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker on Tuesday, falling below nearby chart support as activity resumed after the Thanksgiving weekend. The Chicago soy complex was down sharply on Monday when the canola market was closed. Soybeans remained pointed lower on Tuesday, although a recovery in soyoil […] Read more
ICE canola drops Tuesday, nearing support
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, with speculative selling a feature as activity resumed after the Canadian Thanksgiving weekend. The Chicago soy complex was down sharply on Monday when the canola market was closed. Soybeans remained pointed lower on Tuesday, although a […] Read more
Klassen: Calf market ratchets higher
For the week ending October 12, the Western Canadian prices for yearlings off grass and backgrounding operations were relatively unchanged from seven days earlier. The Lethbridge market for calves was up $8-$10 from week-ago levels while calf markets in the non-major feeding regions were up a solid $4-$6 on average.
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, as losses in crude oil and soft inflation data weighed on the currency. At 9:05 a.m. CDT the Canadian dollar was trading at US$0.7241 or US$1=C$1.3810, which compares with Friday’s close of US$0.7267 or US$1=C$1.3761. Canadian markets were closed Monday for Thanksgiving. Canada’s […] Read more
Global Markets: Canada/India expel diplomats
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Diplomatic tensions between Canada and India intensified Monday, with each country expelling six of the other country’s diplomats. Canada linked the six Indian diplomats expelled to the assassination of Sikh leader Hardeep Singh Nijjar in […] Read more
Even in a weak economy, strong performers exist
Investing for Fun and Profit: We limit our exposure in some sectors, but ‘there’s more than one way to skin a cat’
The saying “There’s more than one way to skin a cat” probably dates back to medieval times when both domestic and wild cats were skinned for their fur. A literal interpretation would be rather repugnant in modern times, yet the saying persists to represent multiple ways to achieve a goal. Two issues ago, I bemoaned […] Read more
U.S. livestock: Cattle futures dip on profit-taking
Chicago Mercantile Exchange live and feeder cattle futures fell on Friday as traders pocketed profits following a nearly month-long rally, analysts said.
Canadian Financial Close: C$ steady to end week
Glacier FarmMedia | MarketsFarm — The Canadian dollar held steady on Friday, while the TSX hit a record high. The Canadian dollar settled at US$0.7267 or US$1=C$1.3761 on Friday, which compares with Thursday’s close of US$0.7271 or US$1=C$1.3754. Canada added 47,000 jobs in September, with the unemployment rate dipping by 0.1 points at 6.5 per […] Read more
Prairie spring wheat bids rise as loonie drops
Hard red spring wheat bids in Western Canada moved to their highest levels in three months during the week ended Oct. 10, as a firm tone in the United States futures and sharp weakness in the Canadian dollar provided support.
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