ICE canola moves lower

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Thursday morning amidst lagging exports and mixed sentiment in comparable oils. Agriculture and Agri-Food Canada released its monthly outlook on Wednesday, raising canola carryout by 450,000 tonnes from the November estimate at 2.95 million. Exports were up one million tonnes at eight million. […] Read more



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U.S. livestock: Hogs, cattle fall

Chicago Mercantile Exchange livestock futures fell across the board on Wednesday. Most-active February live cattle futures closed at 229.550 cents a pound, down 1.150 cents. April contracts also fell by 1.150 cents to settle at 229.125 cents. Most-active January feeder cattle contracts closed at 341.525 cents per pound, a loss of 1.800 cents. March futures […] Read more


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U.S. grains: Wheat sets fresh eight-week low as ample global supply continues to weigh

Chicago | Reuters – Chicago Board of Trade wheat futures fell for a fourth consecutive session on Wednesday, setting a new eight-week low, as ample supply and progress in peace talks between Russia and Ukraine triggered selling by speculative investors. Corn futures firmed on export demand, though pressure from the wheat market continued to weigh […] Read more



Canadian Financial Close: Loonie shifts lower

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Wednesday, as the United States dollar improved and despite hikes in crude oil. The loonie closed at US$0.7256 or US$1=C$1.3782 compared to Tuesday’s close of US$0.7274 or US$1=C$1.3748. On the U.S. Dollar Index, the greenback was up 0.231 of a […] Read more