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Canadian Financial Close: Loonie continues to fall

By Commodity News Service Canada WINNIPEG, June 19 (CNS) – The Canadian dollar ended lower against its U.S. counterpart on Tuesday, weakened by losses in crude oil, natural gas, gold and other precious metals. The loonie finished at US$0.7532 or C$1.3276, compared to Monday’s North American close of US$0.7571 or C$1.3208. The escalating trade turmoil […] Read more

North American Grains/Oilseed Review – Canola tests major support

By Dave Sims, Commodity News Service Canada Winnipeg, June 19 (CNS Canada) – Canola contracts on the ICE Futures Canada platform suffered losses Tuesday, following a sharp downturn in U.S. soybeans and soyoil. Crush margins are hanging near their lowest levels of the year, which was bearish. Trade turmoil between the United States and China […] Read more


Trump says ‘getting there’ in NAFTA talks

Washington | Reuters — U.S. President Donald Trump said on Tuesday progress was being made in slow-moving talks to update the NAFTA trade accord between the U.S., Canada and Mexico, but he held out the prospect of striking bilateral pacts if a three-way deal could not be reached. “We’re trying to equalize it. It’s not […] Read more

ICE canola drops as crush margins wilt

By Dave Sims, Commodity News Service Canada WINNIPEG, June 19 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at midday Tuesday, tracking sharp losses in Chicago Board of Trade soybeans and soyoil. The sabre rattling between the United States and China on trade issues continues to cast uncertainty into agricultural markets. […] Read more


Global Markets: TD Bank warns 160,000 CDN jobs on the line

By Dave Sims, Commodity News Service Canada WINNIPEG, June 19 (CNS) – Canadian National Railway is expanding its network in Saskatchewan. The company is investing over C$200 million in the province to increase capacity and network resiliency. The expansion will include construction of new double tracks in key areas and more capacity at the CN’s […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, June 19 (CNS Canada) The Canadian dollar was weaker Tuesday morning, as the escalating trade tensions between China and the United States weighed on global equities and commodities. At 8:54 CDT Tuesday morning the Canadian dollar was at US$0.7532 or C$1.3277, which compares with Monday’s North American close of […] Read more


ICE canola down as trade war intensifies

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 19, 2018 (CNS Canada) – ICE Futures Canada canola contracts were mostly down Tuesday morning as the United States and China trade war raged on. The nearby July canola contract however was higher. In the tit-for-tat trade war, U.S. President Donald Trump fired back at […] Read more

Klassen: Stronger demand sustains feeder cattle market

Western Canadian feeder cattle markets were relatively unchanged from week-ago levels. Feeder cattle numbers are declining at this time of year, so those buyers looking to secure ownership had to be more aggressive. Higher-quality packages were available in Saskatchewan, which traded at a small premium to Alberta markets. In central and southern Alberta, there appeared […] Read more