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Canadian Financial Close: Dollar up with oil

By Commodity News Service Canada WINNIPEG, Aug 17 (CNS) – The Canadian dollar closed higher Friday, supported by a rise in the price of oil. The Canadian dollar settled Friday at US$0.7645 or C$1.3081, compared to Thursday’s North American close of US$0.7603 or C$1.3152. Oil prices rose Friday, but declined for the week overall as […] Read more

North American Grain/Oilseed Review: Canola settles with small gains

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Aug. 17 (CNS Canada) – ICE Futures canola contracts settled with small gains on Friday, as a late bounce in Chicago Board of Trade soybeans provided some support. Soybeans had been down by as much as 15 cents per bushel for much of the session, but recovered […] Read more


ICE canola correcting lower on Friday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 17 (CNS Canada) – ICE Futures canola contracts were posting small losses at midday Friday, seeing a modest correction after Thursday’s rally. Losses in Chicago Board of Trade soybeans and a firmer tone in the Canadian dollar contributed to the selling pressure in canola, according to […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Aug. 17 (CNS Canada) The Canadian dollar was stronger Friday morning, as better-than-expected inflation data provided support. At 9:11 CDT Friday morning the Canadian dollar was at US$0.7646 or C$1.3079 which compares with Thursday’s North American close of US$0.7603 or C$1.3152. Canada’s consumer price index was up by 3.0 […] Read more


Global Markets: Tesla sues Ontario government

By Dave Sims, Commodity News Service Canada WINNIPEG, Aug 17 (CNS) – The Ontario government is being sued by electric vehicle maker Tesla over the recent cancellation of one of its programs. Tesla said it received no reason why the Doug Ford government axed the Electric and Hydrogen Vehicle Incentive Program, which provided rebates for […] Read more

ICE canola down with soy

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 17, 2018 (CNS Canada) – ICE Futures canola contracts were lower Friday morning, following the lead of soybeans. Chicago Board of Trade soybeans and meal contracts were lower, while soyoil contracts were higher. Forecasts are calling for ideal weather in the United States soybean area […] Read more



Durum markets rattled as harvest set to start

CNS Canada — With the durum wheat harvest rapidly approaching in Western Canada, many analysts wonder how the dry conditions and extreme heat will affect yields. Yet there is one aspect about this year’s crop they already know. Increased seeded acreage this spring, and market access problems hindering longer-term durum sales, mean farmers might want […] Read more