Markets Archives | Page 2 of 1091

U.S. grains: Corn, wheat, soy rally on China trade hopes

Chicago | Reuters — U.S. corn, wheat and soybean futures rose on Thursday on fresh export demand and renewed hopes for a trade agreement with China after U.S. President Donald Trump tweeted that a deal with Beijing was “very close,” analysts said. Chicago Board of Trade March corn futures settled up 6-1/2 cents at $3.77-3/4 […] Read more

Global markets

Global Markets: UK election underway

By GFM Network News 4 days ago

By MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United Kingdom votes in a new Parliament today. Polls are pointing to a small majority government for Boris Johnson’s Conservative government, although Jeremy Corbyn’s Labour Party has gained ground over the course […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola values could fall further

By Glen Hallick - MarketsFarm 4 days ago

MarketsFarm — Although canola has continued to be rangebound, one analyst believes prices are due for a downward shift toward the low end of the spectrum. “Gravity is going to pull it back down to the low end of the range, and $10-$15 [per tonne] wouldn’t be surprising,” said David Derwin, an analyst with PI […] Read more

General, Markets, Reuters

Opposition MPs could delay CUSMA deal’s ratification

By David Ljunggren 4 days ago

Ottawa | Reuters — Canada’s two main opposition parties on Wednesday suggested they could move to delay ratification of a new continental trade pact, accusing the Liberal government of botching revisions to the treaty. Such a move would embarrass Prime Minister Justin Trudeau, who has vowed that Parliament will quickly approve the U.S.-Mexico-Canada Agreement (CUSMA). […] Read more

Crops, Markets, Reuters

U.S. grains: Profit-taking pressures soybeans

By Mark Weinraub 4 days ago

Chicago | Reuters — U.S. soybean futures fell on Wednesday as investors took profits after six days in a row of price increases, while wheat and corn sank on technical selling. Traders shrugged off news of the largest soybean sale to China in more than eight months, in the absence of fresh signs of a […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise on technical buying

By Reuters 4 days ago

Chicago | Reuters — U.S. cattle futures rose on Wednesday, rebounding from Tuesday’s downturn, while hog futures eased. Traders said that signs of strength in the cash market added support to the strength in both live and feeder cattle contracts. Technical buyers also helped pushed prices higher after early signs of strength. Chicago Mercantile Exchange […] Read more

Global markets

Global Markets: Greta Thunberg named Time’s person of the year

By GFM Network News 5 days ago

By MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve is widely expected to be holding interest rates unchanged in its last policy announcement of the year later Wednesday. The U.S. consumer price index was up by 0.3 […] Read more

Livestock, Markets, Reuters

U.S. livestock: Firmer cash prices support CME hog futures

By Tom Polansek 5 days ago

Chicago | Reuters — U.S. hog futures rose on Tuesday with support from stronger cash prices, while live cattle futures eased in a setback from recent advances. Gains in hog futures and cash prices reflect solid domestic demand for pork and signal that pig supplies are expected to tighten heading into the new year, said […] Read more

Hogs, Livestock, Markets

Strong foreign demand boosts North American hog markets

By Marlo Glass – MarketsFarm 5 days ago

MarketsFarm — While the volume of hogs at North American slaughter markets have kept packing plants near capacity in recent weeks, strong foreign export demand has kept pork values high. “We expect pork values to move higher, due to the shortness of production in China,” said Brad Marceniuk, a Saskatchewan provincial livestock economist in Saskatoon. […] Read more

Crops, Markets

CBOT weekly outlook: WASDE yields mixed results

By Marlo Glass – MarketsFarm 5 days ago

MarketsFarm — World agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) have turned out largely bullish for wheat values, bearish for corn and neutral for soybeans on the Chicago Board of Trade (CBOT). The report, released Tuesday, lowered U.S. wheat stocks by 40 million bushels to total 947 million tonnes, […] Read more

Prairie cash wheat: Mid-December bids mixed

Ford recalls Super Duty pickups on post-crash fire risk

Visible canola supplies largest in three years

GFM Network News