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Prairie canola, soy now in Cargill ProPricing portfolio

Canola and soybean growers in Western Canada are now able to get in on Cargill’s ProPricing grain marketing program for the 2017-18 season. The U.S. agrifood company’s Winnipeg-based Canadian arm announced Sept. 14 it would offer its first-ever canola contract in its ProPricing portfolio, allowing eligible growers to hand off a portion of their canola […] Read more

Canadian Financial Close: Loonie firms despite inflation data

By Commodity News Service Canada WINNIPEG, September 22 – The Canadian dollar ticked slightly higher on Friday taking strength from advances in gold bullion, natural gas and crude oil. Disappointing inflationary data capped the gains. Canadian bonds finished mixed to end the week. The 10-year bond yield is 2.115% from 2.122%. The Canadian dollar ended […] Read more

North American Grain/Oilseed Review: Canola settles higher

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Sept. 22 (CNS Canada) – ICE Futures Canada canola contracts moved higher on Friday, finding some spillover support from a rally in Chicago Board of Trade soybeans. Good export demand for both US soybeans and Canadian canola contributed to the firmer tone in the oilseeds on Friday, […] Read more

Feed Grains: Questions surround winter wheat seeding

By Commodity News Service Canada WINNIPEG, Sept. 14 (CNS Canada) – American farmers have planted a small winter wheat crop according to wheat group executives in states accounting for half of winter wheat acres. While last year’s winter wheat crop was the second smallest in more than 100 years, this year’s crop could be even […] Read more

ICE Canola Climbs With Fund Buying

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sept. 22 (CNS Canada) – ICE Futures Canada canola contracts were posting solid gains at midday Friday, as fund buying provided support. Supportive chart signals contributed to the gains, as the most active November contract climbed to its highest point in two-weeks before running into resistance at […] Read more

Pulse Report: New Montana processing plant considered

By Commodity News Service Canada Sept 22 (CNS Canada) – An Oregon grain company is looking at the possibility of building a pulse processing plant near Plentywood, Montana, just across the border from Saskatchewan. Columbia Grain said it plans to build a new facility to process peas and lentils, which would require double the supply […] Read more