Canadian dollar Archives - Page 16 of 25

ICE Futures May 2020 canola (candlesticks) and CBOT May 2020 soybean oil (yellow line). (Barchart)

ICE weekly outlook: Canola gains strength at midweek

By GFM Network News April 23, 2020

MarketsFarm — After showing considerable weakness in prior trading sessions, canola contracts tried to regain some ground at midweek. Ken Ball of P.I. Financial in Winnipeg said canola was oversold due to bearish sentiments from outside markets earlier in the week, but prices were steadily bouncing back. Nearby ICE Futures canola was down Monday by […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Durum holds steady, other spring wheats down

By GFM Network News April 18, 2020

MarketsFarm — Wheat bids in Western Canada were mostly lower for the week ended Thursday, due to declines in U.S. markets. Support came from a weaker Canadian dollar. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats were lower, while Canada Western Amber Durum (CWAD) was steady to higher. Average CWRS (13.5 […] Read more

ICE May 2020 canola (candlesticks, in Cdn$) and CBOT May 2020 soymeal (yellow line, US$). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Loonie’s rally kept canola lower

CBOT soymeal, soyoil also drag on canola

By GFM Network News April 15, 2020

MarketsFarm — Canola prices dropped over the last week due to a combination of factors, according to David Derwin of PI Financial in Winnipeg. The Canadian dollar was one of those factors, as it had a small rally that pushed the loonie to almost 72 U.S. cents. That rally ended Wednesday, however, when the dollar […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mostly stronger

By MarketsFarm Team, GFM Network News April 9, 2020

MarketsFarm — Wheat bids in Western Canada were mostly stronger during the week ended Thursday, with gains observed in CWRS and CPSR wheats, while durum saw small losses. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up $2 per tonne, according to price quotes from a cross-section of delivery points […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Prices a mixed bag

U.S. futures, loonie down on week

By GFM Network News April 3, 2020

MarketsFarm — Wheat bids in Western Canada saw gains and losses for the week ended Thursday, due to declines in U.S. markets and a lower Canadian dollar. Canada Western Red Spring (CWRS) wheat was mixed with some losses, but prices steady to higher in six of the Prairie regions. Canada Prairie Spring Red (CPSR) was […] Read more

ICE May 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola loses strength at midweek

By GFM Network News April 2, 2020

MarketsFarm — ICE Futures canola contracts succumbed to pressure from comparable vegetable oils at midweek, after showing strength earlier in the week. Ken Ball of P.I. Financial said lower soyoil values put canola “under tremendous pressure.” Nearby soyoil contracts were down by about a penny on Wednesday. Earlier in the week, rumours swirled regarding the […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Rising loonie cuts into bids

By Phil Franz-Warkentin, GFM Network News March 28, 2020

MarketsFarm — Hard red spring wheat bids in Western Canada lost ground during the week ended Thursday, as the bearish influence of a strengthening Canadian dollar more than offset supportive influence from gains in U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.50-$10 per tonne, according to […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids surge on U.S. gains, weaker loonie

By GFM Network News March 23, 2020

MarketsFarm — Wheat bids in Western Canada were significantly higher for the week ended Thursday on gains in U.S. markets coupled with a weaker Canadian dollar. Canada Prairie Spring Red (CPSR) wheat saw the largest increases, with bids up by more than $20 per tonne. Increases for Canada Western Red Spring (CWRS) wheat were in […] Read more

ICE Futures May 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: More virus volatility expected in canola

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

MarketsFarm — A sharp drop in the Canadian dollar helped lessen the blow of the COVID-19 pandemic on the ICE Futures canola market. However, volatility and uncertainty are expected to remain the feature in the upcoming weeks. Any strength in canola “is 100 per cent the Canadian dollar and nothing else,” said Ken Ball, of […] Read more

Beef Cattle, Livestock, Markets

Uncertainty drags on Canadian cattle markets

Beef demand is strong but cattle prices are under pressure, Canfax says

By Alexis Kienlen, GFM Network News March 17, 2020

Cattle markets have tumbled as a result of COVID-19, according to the senior analyst at Canfax. “Feeder markets are off pretty hard, some of them are off 15 to 20 cents a pound, this week,” Brian Perillat said Tuesday. “They have been depressed over the last month. Feedlots too. Fed price is at the low […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

Tag Archives Canadian dollar

ICE weekly outlook: Canola gains strength at midweek

Prairie cash wheat: Durum holds steady, other spring wheats down

ICE weekly outlook: Loonie’s rally kept canola lower

Prairie cash wheat: Bids mostly stronger

Prairie cash wheat: Prices a mixed bag

ICE weekly outlook: Canola loses strength at midweek

Prairie cash wheat: Rising loonie cuts into bids

Prairie cash wheat: Bids surge on U.S. gains, weaker loonie

ICE weekly outlook: More virus volatility expected in canola

Uncertainty drags on Canadian cattle markets

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