(Dave Bedard photo)

ICE weekly outlook: Canola holds rangebound with bearish StatsCan data

CNS Canada — Canola contracts on the ICE Futures Canada complex stayed mostly rangebound during the week ended Wednesday, even as sharp fluctuations in the Canadian dollar and a bearish Statistics Canada report impacted the market. StatsCan on Wednesday released its final production estimates of the year, projecting canola production in 2017-18 at 21.3 million […] Read more





ICE weekly outlook: Canola flat, awaiting spark

CNS Canada — ICE Futures Canada canola contracts held within a narrow $5 range over the past week, lacking any significant fundamental news one way or the other as market participants look for direction. “There’s just no news in the market,” said analyst Wayne Palmer of Agri-Trend. He thought prices would eventually move higher, but […] Read more



(Country Guide file photo)

Farmers to deal with stronger loonie for rest of 2017

CNS Canada — Higher interest rates and a stronger Canadian dollar relative to U.S. currency is giving Canadian farmers a double whammy. According to Farm Credit Canada’s chief agricultural economist, it’s also a situation farmers will likely have to deal with for at least the remainder of the year. J.P. Gervais said he thinks farmers […] Read more