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Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Feb. 21 (CNS Canada) The Canadian dollar was weaker Tuesday morning, as general strength in the US dollar index weighed on the currency. At 9:35 CST Tuesday morning the Canadian dollar was at US$0.7605 or C$1.3149 which compares with Friday’s North American close of US$0.7634 or C$1.3099. Canadian markets […] Read more

ICE Canola Weakens With Veg Oil

By Dave Sims, Commodity News Service Canada WINNIPEG, February 21 – Canola contracts on the ICE Futures Canada platform were slightly weaker Tuesday morning, tracking losses in vegetable oil. Declines in US soybeans and a bearish technical bias contributed to the lower tone. Many countries have turned their attention to supplies coming out of South […] Read more


Global Markets: Kraft Heinz/Unilever deal falls through

By Commodity News Service Canada WINNIPEG, Feb. 21 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Kraft Heinz dropped its bid to purchase rival Unilever, after Unilever said there was ‘no merit, either financial or strategic,’ in Kraft’s offer. If it had gone through, the […] Read more

feedlot

Klassen: Feeder cattle drop on cautious feedlot demand

Western Canadian feeder cattle markets traded $3 to as much as $8 below week-ago levels as feedlot managers anticipate growing beef supplies during the late spring and summer. Heavier weight categories absorbed the brunt of the selling pressure, with backgrounding operators liquidating fall-placed calves. Certain groups of higher-quality heifers held value with the purpose of […] Read more





Canadian Financial Close: TSX falters due to steep gold losses

By Commodity News Service Canada WINNIPEG, February 17 – The Canadian dollar finished slightly lower, relative to its US counterpart, in choppy trading on Friday. Broad-based strength in the American greenback pressured the loonie for much of the day. The Canadian dollar closed at C$0.7634 or US$1=C$1.3099, compared to Thursday’s close of C$0.7645 or US$1=C$1.3080. […] Read more



Pulses: Lentil prices fall overnight on Prairies

By Dave Sims, Commodity News Service Canada Winnipeg, February 17 – Prices for lentils on the Prairies suffered wide-spread losses overnight, according to the Prairie Ag Hotwire. Laird number one lentils fell six cents to 51 to 63 cents per bushel. Number two and X3 varieties also softened as well. Eston number one lentils fell […] Read more

Feed Grains: French Winter Barley Crop In Good Shape

By Commodity News Service Canada WINNIPEG, Feb. 17 (CNS Canada) – France’s winter barley crop was rated 91 per cent good-to-excellent in the latest report from FranceAgriMer. That’s up one point from the previous week, but slightly behind the 95 per cent rating at the same point a year ago. Spring barley planting is also […] Read more