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U.S. livestock: CME live cattle futures sag

Chicago | Reuters — Chicago Mercantile Exchange cattle futures edged lower on Friday to snap a five-session climb, pressured by technical selling and uncertainty about cash price direction, given that cash cattle did not trade ahead of the closing bell, brokers said. However, after the futures market closed, fed cattle traded lightly in cash markets […] Read more



U.S. grains: CBOT soybeans, corn end week firm

Chicago | Reuters — U.S. soybean futures rose for the fifth straight day on Friday, hitting their highest in 5-1/2 weeks as concerns about crop development in South America fuelled buying, traders said. Parched soils in Argentina have underpinned prices throughout the week. “Dryness in Argentina has provided enough fuel for soybean prices to find […] Read more

Canadian Financial Close: C$ idles amid NAFTA worries

By Commodity News Service Canada WINNIPEG, January 19 (CNS) – The Canadian dollar finished relatively flat against its American counterpart Friday, as investors grew increasingly worried about the possible transformation or termination of the North American Free Trade Agreement. The rising price of oil and adjustments to the interest rate are also variables traders are […] Read more


Pulses: Frost damage reported in Victoria

By Dave Sims, Commodity News Service Canada Winnipeg, January 19 (CNS) – The USDA has raised its production estimates for the United States chickpea crop in 2017. The agency pegged the harvest at 315,603 tonnes. That compares to just 250,000 tonnes the year before. Bigger calibre varieties constituted a large amount of the crop, coming […] Read more

North American Grain/Oilseed Review: Canola hits two-week highs

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Jan. 19 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Friday, settling at their highest levels in two weeks as the market saw a continued bounce off of the nearby lows hit on Wednesday. Gains in Chicago Board of Trade soybeans and weakness in […] Read more


Feed Grains: Iowa Corn Growers President urges U.S. not to leave NAFTA

By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world feed grains markets for Friday, Jan. 19. Cheap feed costs are accelerating construction of hog barns in Iowa, where a third of United States hogs are raised. A story by Reuters said higher profits from […] Read more

ICE canola up at midday Friday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 19 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Friday, as gains in Chicago Board of Trade soybeans and weakness in the Canadian dollar provided support. A lack of significant farmer selling, mounting moisture concerns across much of Western Canada, and steady […] Read more


Global Markets: U.S. Government shutdown looms

By Commodity News Service Canada WINNIPEG, Jan. 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – A government shutdown is looming in the United States, as a bill to extend funding for a wide range of federal programs is being held up by a dispute […] Read more

ICE Canola Firms as Concerns Over Lack of Snow Rise

By Dave Sims, Commodity News Service Canada WINNIPEG, January 19 (CNS) – Canola contracts on the ICE Futures Canada platform were slightly higher Friday morning, taking strength from gains in the U.S. soy complex. The Canadian dollar was slightly weaker relative to its U.S. counterpart, which made canola more attractive to out-of-country buyers. Concerns are […] Read more