(Allan Dawson photo)

Wheat near done flowering, prices could also bloom

CNS Canada –– Weather-related issues ranging from floods to drought have been putting wheat crops at risk globally, bringing potential for prices to move higher. Traders are watching to see how the crop in Canada will shape up, given recent dryness in the West, according to Jonathon Driedger, senior market analyst at FarmLink Marketing Solutions. […] Read more

(Dave Bedard photo)

ICE weekly outlook: Weather still key for canola

CNS Canada –– The ICE Futures Canada canola market moved lower during the week ended Wednesday, as speculators took profits on a recent rally that saw values hit fresh contract highs. Spillover pressure from the declines in Chicago soybean futures was also bearish for values. There were some reports of improving weather conditions for the […] Read more






(Dave Bedard photo)

PotashCorp not planning to increase K+S bid

Reuters — Canada’s PotashCorp does not plan to sweeten its bid for German rival K+S AG, several people familiar with the Canadian mineral miner said, downplaying a media report that it would consider such a move. The proposed bid of 41 euros (C$58) per share already represented an unusually high premium and should not be […] Read more


(Dave Bedard photo)

MF Global officials settle lawsuit for US$64.5M

New York | Reuters — Jon Corzine and other former MF Global Holdings officials have reached a US$64.5 million settlement of litigation brought by investors seeking to hold them liable for the now-defunct futures brokerage’s 2011 bankruptcy. The all-cash settlement with Corzine, who was MF Global’s chief executive and previously New Jersey’s governor, and nine […] Read more



(Dave Bedard photo)

Diesel prices seen softening soon

CNS Canada — Canadian diesel prices should go down between now and the end of the summer, according to a fuel expert. Since early May, the price of diesel across the Prairies has largely been in and around the 94-98 cents per litre range. Tom Kloza of the Oil Price Information Service reported prices on […] Read more