Markets
Canary seed exports from Saskatchewan were worth over C$100 million in 2023, the provincial government announced on Sept. 11.
Markets
Saskatchewan canary seed exports surpass C$100 million in 2023
Trade expects mixed bag in WASDE report
The Chicago Board of Trade (CBOT) will be focusing on the monthly World Agricultural Supply/Demand Estimates (WASDE) from the United States Department of Agriculture (USDA) on Sept. 12.
North American grain/oilseed review: Canola ends with small losses after choppy day
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market settled with small losses on Wednesday after trading to both sides of unchanged in choppy activity. The most-active November contract held onto gains for most of the session but settled roughly C$10 per tonne off its highs for the day and below […] Read more
ICE canola holding onto small gains in choppy activity
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small gains at midday Wednesday in choppy trade. The November contract had traded as high as C$579.00 per tonne overnight before selling came forward to take prices below the psychological C$570.00 per tonne mark and some buying interest resumed. Chicago soyoil […] Read more
Global Markets: Trump/Harris debate
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Republican Donald Trump and Democrat Kamala Harris held a televised debate Tuesday evening just two months away from the Nov. 5 election. Former President Trump, and current Vice President Harris are running neck-and-neck […] Read more
ICE canola making gains on Wednesday
Glacier FarmMedia MarketsFarm – The ICE Futures canola market is seeing rising prices on Wednesday morning, deriving some strength from comparable oils. Chicago soyoil and European rapeseed are higher to start the day, while Malaysian palm oil is lower. Crude oil is up more than US$1 per barrel due to fewer United States stockpiles and the […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm along with U.S. greenback
Francine, lower inventories give boost to crude oil
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Wednesday morning given little movement in its United States counterpart and despite increases in crude oil. As of 8:42 am CDT, the loonie was at US$0.7351 or US$1=C$1.3603 compared to Tuesday’s close of US$0.7353 or US$1=C$1.3599. On the U.S. Dollar […] Read more
U.S. livestock: Live cattle futures end lower in consolidation
Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, consolidating after Monday's bounce, while feeder cattle futures firmed as corn prices declined, signaling cheaper feed costs.
U.S. grains: Soybeans to 1-week low on better-than-expected crop ratings
Chicago soybean futures fell to a one-week low on Tuesday, with the benchmark contract Sv1 retreating back under $10 a bushel as better-than-expected U.S. crop ratings bolstered production prospects and eased worries about recent dry weather.
Canadian Financial Close: Weaker crude oil weighs on loonie
OPEC cuts outlook, crude prices drop
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar took another step back on Tuesday, losing about two-tenths of cent due sharp declines in crude oil. The loonie closed at US$0.7353 or US$1=C$1.3599, compared to Monday’s finish of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, the greenback tacked on 0.080 of a […] Read more
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