Canadian dollar Archives - Page 15 of 25

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids broadly lower

By MarketsFarm Team, GFM Network News July 25, 2020

MarketsFarm — Wheat bids in Western Canada were broadly lower during the week ended Thursday, with double-digit losses observed in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats. Canada Western Amber Durum (CWAD) had moderate declines. Average CWRS (13.5 per cent protein) wheat prices were down $7-$11 per tonne, according to […] Read more

ICE November 2020 canola (candlesticks) with 20-day moving average (yellow line) and CBOT August 2020 soyoil (green line). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola under pressure at midweek

By GFM Network News July 22, 2020

MarketsFarm — Canola contracts have received considerable pressure from outside sources, but held above $480 per tonne this week. Ken Ball of P.I. Financial in Winnipeg expected canola to be down by $6-$10, but nearby contracts closed lower by about a dollar at $483.60 per tonne. Ball referred to weakness in Chicago soyoil, along with […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids mixed

MGEX, K.C. wheats down on week

By Phil Franz-Warkentin, GFM Network News July 18, 2020

MarketsFarm — Spring wheat bids in Western Canada were mixed during the week ended Thursday, as the Minneapolis futures bounced around within a 15-cent per bushel range. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3 to up by $2 per tonne, according to price quotes from a […] Read more

ICE November 2020 canola with 100-day moving average (yellow line) and Canadian dollar (in US$, green line). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Higher loonie, lower canola

By GFM Network News July 15, 2020

MarketsFarm — As the Canadian dollar pushes higher, canola prices could drop to the low end of its support or further, according to Errol Anderson of ProMarket Communications in Calgary. The loonie closed Wednesday at 73.89 U.S. cents, after stepping above 74 U.S. cents a number of times during trading. At the end of the […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Most bids see gains on the week

By GFM Network News June 19, 2020

MarketsFarm — Wheat bids in Western Canada were mostly higher for the week ended Thursday. Canada Western Red Spring (CWRS) wheat made the strongest gains, as Canada Prairie Spring Red (CPSR) was either side of steady. There were modest increases for Canada Western Amber Durum (CWAD). Support came from the Canadian dollar losing about two-10ths […] Read more

ICE July 2020 canola with Bollinger (20,2) bands. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola likely to move lower

By GFM Network News June 18, 2020

MarketsFarm — The direction canola will move in coming weeks depends on three factors: the Canadian dollar, Prairie weather and the Chicago Board of Trade, according to Errol Anderson of ProMarket Communications in Calgary. “I’m expecting the Canadian dollar to move up a bit, just because of U.S. dollar pressure. That could pull the canola […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Prices dip due to stronger loonie

By GFM Network News June 5, 2020

MarketsFarm — Wheat bids in Western Canada were down by varying degrees for the week ended Thursday. Canada Western Red Spring (CWRS) wheat was steady to lower, Canada Prairie Spring Red (CPSR) was down, and Canada Western Amber Durum (CWAD) slipped a few cents. Increased strength in the Canadian dollar weighed on values, while support […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids weaken with seeding underway

By Phil Franz-Warkentin, GFM Network News May 18, 2020

MarketsFarm — Spring wheat bids in Western Canada lost ground during the week ended Thursday, with losses in U.S. futures and improving Prairie seeding weather weighing on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by 50 cents to $1 per tonne, according to price quotes from a […] Read more

ICE July canola with 20- and 100-day moving averages and CBOT July 2020 soyoil (blue line). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola steady at midweek

Spring seeding more or less underway

By GFM Network News May 13, 2020

MarketsFarm — After showing considerable strength in prior trading sessions, canola contracts were either side of unchanged at midweek. David Derwin of P.I. Financial in Winnipeg said canola was holding steady in comparison to other vegetable oils. “There’s general weakness in other markets, but canola hasn’t had too much of a move,” he said. Considerable […] Read more

(Photo courtesy Canola Council of Canada)

Crops, Markets, Weather

Grains, oilseeds, pulses hold their own amid pandemic

By GFM Network News May 1, 2020

MarketsFarm — Prices for grains, oilseeds and pulses are not as bad off as livestock values are due to the COVID-19 pandemic, according to Neil Townsend, chief market analyst for FarmLink Solutions in Winnipeg. FarmLink hosted a webinar Wednesday to provide its outlook for the coming crop year. One thing Townsend stressed was there is […] Read more

Daily Network News

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Tag Archives Canadian dollar

Prairie cash wheat: Bids broadly lower

ICE weekly outlook: Canola under pressure at midweek

Prairie cash wheat: Bids mixed

ICE weekly outlook: Higher loonie, lower canola

Prairie cash wheat: Most bids see gains on the week

ICE weekly outlook: Canola likely to move lower

Prairie cash wheat: Prices dip due to stronger loonie

Prairie cash wheat: Bids weaken with seeding underway

ICE weekly outlook: Canola steady at midweek

Grains, oilseeds, pulses hold their own amid pandemic

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