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Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, MB, Nov. 23, 2017 (CNS Canada) – The Canadian dollar was little changed Thursday, as American markets are closed for Thanksgiving. At 8:50 CST Thursday morning the Canadian dollar was at US$0.7859 or C$1.2721, which compares with Wednesday’s North American close of US$0.7856 or C$1.2729. Oil prices eased Thursday […] Read more

ICE canola steady in thin holiday trade

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 23 (CNS Canada) – ICE Futures Canada canola contracts were holding near unchanged Thursday morning in very quiet activity, as traders showed a reluctance to push values too far one way or the other with U.S. markets closed for the Thanksgiving holiday. Canola remains trapped in […] Read more

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ICE weekly outlook: Canola futures wait on report

CNS Canada — ICE Futures Canada canola traders may already be looking ahead to the release of Statistics Canada’s next production estimates, as lacklustre trading amid the holiday season leaves investors searching for direction. StatsCan is scheduled to release its final principal field crop report of the year on Dec. 6. The report is usually […] Read more

Canadian Financial Close: C$ rises with crude oil

By Commodity News Service Canada WINNIPEG, November 22 – The Canadian dollar strengthened against its U.S. counterpart on Wednesday. The loonie took strength from advances in gold issues, crude oil and copper. It was the highest value for the loonie in over a week. As well, minutes from a recent meeting of the U.S. Federal […] Read more

Pulses: Chickpeas and other pulses honing in on meat industry

By Dave Sims, Commodity News Service Canada Winnipeg, November 22 (CNS) – The rise of alternative meats like chickpea patties could impact the traditional meat industry, according to a new report by Rabobank. The document says Europe is the largest-growing market for alternative proteins and is expected to grow by eight percent annually over the […] Read more