Canola waffles, soy up

The ICE Futures canola platform was mixed at close Wednesday, taking support from United States futures. Chicago Board of Trade soybean, oil and meal contracts were all higher, as trade war fears ebbed. Statistics Canada released its updated production numbers this morning, using satellite data. The report pegged canola production at 21 million tonnes, which […] Read more

Canola continues down; soy too

WINNIPEG – The ICE Futures canola platform continued its downward slide Tuesday, as trade war tensions between the United States and China spilled over. Soybean contracts at the Chicago Board Trade hit newcontract lows, dragging canola down with it. U.S. President Donald Trump placed new tariffs yesterday on US$200 billion on Chinese goods, China fired […] Read more

Chicago corn and soy markets seeing little action

One trader isn’t expecting much movement on the Chicago Board of Trade (CBOT) corn and soybean markets until harvest starts in the United States Midwest. “I’m looking (past) all the (information) that we see every day and hear. We wait until the combines roll, they tell you the truth,” said Scott Capinegro of Barrington Commodity […] Read more

Murad Al-katib, President And Chief Executive Officer Of AGT. The company intends to go private. | WP File Photo By Sean Pratt

AGT announces intentions to privatize company

WINNIPEG – Saskatchewan-based AGT Food and Ingredients Inc. announced in a news release on July 26 that it intends to privatize the company. In the news release AGT said that it had received a non-binding proposal from a group led by Murad Al-Katib, president and chief executive officer of AGT, to privatize the company. Under […] Read more

Canary seed markets uncertain, defying summer trend

Winnipeg (CNS Canada) – July is usually a month where Canadian canary seed prices weaken as producers dump unsold product onto the market, but this year that might not happen as trade uncertainty around the world is affecting the markets.     “We tend to see weakness in July and then strength in the fall, but […] Read more

Trade war a drag on canola

WINNIPEG (CNS Canada) – ICE Futures Canada canola contracts were mostly down Tuesday morning as the United States and China trade war raged on. The nearby July canola contract however was higher. In the tit-for-tat trade war, U.S. President Donald Trump fired back at China, announcing another 10 per cent in tariffs on US$200 billion […] Read more