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Currency analysts watch for interest rate decision

CNS Canada — The likelihood of the Bank of Canada cutting interest rates on Wednesday is already priced into the loonie, according to one analyst — but if the bank instead decides to hold rates steady, the beleaguered currency could move higher. The Canadian dollar was trading around US69 cents (US$1=C$1.45) near midday Tuesday, which […] Read more







U.S. grains: Wheat futures up despite U.S. rain, corn down amid big crop forecast

Chicago/Reuters –  Chicago wheat futures ticked up on Wednesday on technical buying, despite rain forecasts across U.S. grain belts adding to worries about weather woes overseas. Corn futures ended the day slightly lower after private forecasters raised their estimates for U.S. production, while soybeans rose on bargain-buying and robust U.S. exports. Chicago Board of Trade […] Read more



World farmers reap benefits of strong U.S. dollar

Winnipeg/Commodity News Service Canada – The effects of a strong U.S. dollar and resulting weaker domestic currencies are improving the bottom line for farmers in many parts of the world, according to a speaker at the Cereals of North America conference in Winnipeg, Nov. 3. Pedro Dejneka, the executive director of Ag Resource’s Latin America […] Read more