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Global Markets: Iran seizes oil tanker

By MarketsFarm WINNIPEG, July 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Iran’s Revolutionary Guard has seized a foreign oil tanker reportedly smuggling fuel in the Persian Gulf. The vessel was the same ship that was initially towed into Iranian waters after sending out a […] Read more

U.S. grains: Wheat, soybeans slightly lower after midday rise

Chicago | Reuters — Chicago wheat and soybean futures settled slightly lower on Wednesday as forecasts for cooler weather lifted expectations for better crop conditions after this week’s hot spell, though corn edged higher. Markets had been falling since Monday’s U.S. Department of Agriculture (USDA) weekly crop progress report, which showed conditions for soy and […] Read more

U.S. grains: Corn, soy slip on rains, crop ratings

Chicago | Reuters — U.S. grain and soybean futures extended losses on Tuesday as crops in the U.S. Midwest were poised to benefit from rains, traders said. Technical selling and better-than-expected U.S. Department of Agriculture crop condition ratings added pressure on prices. Showers in parts of the Midwest and Mississippi Delta temporarily eased concerns about […] Read more

Global Markets: U.S. economic data beats expectations

By MarketsFarm WINNIPEG, July 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – President of the Philippines Rodrigo Duterte is “seriously considering cutting diplomatic relations with Iceland”, according to a spokesperson, following efforts out of Iceland to spearhead a United Nations resolution looking into deaths stemming […] Read more