GFM Network News

(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, soy fall on firmer dollar, rains

Chicago | Reuters — U.S. grains and oilseed futures fell on Wednesday, pressured by broad selling in commodities and equities as a firmer dollar prompted worries about export prospects for U.S. supplies, traders and analysts said. Wheat prices notched some of the biggest declines among agricultural products, dropping after rising slightly during the previous session. […] Read more

(Dave Bedard photo)

ICE weekly outlook: Nearby canola trending lower

CNS Canada –– ICE Futures Canada canola contracts were mixed during the week ended Wednesday, with the nearby January contract hitting its weakest levels in two months, but the more deferred positions seeing some relative strength as the intermonth spreads saw some adjustment. Traders increased their net short positions in the front month from about […] Read more