ROME (Thomson Reuters Foundation) – An investor group managing some $6.5 trillion on Tuesday called on six of the world’s largest fast food restaurants, including McDonald’s, KFC and Burger King, to reduce their planet-harming greenhouse gas emissions and water use. Companies selling burgers, chicken and milk products are trailing behind other high-emitting industries, like carmakers, […] Read more
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Investor group wants fast-food chains to address climate change
Canola softens ahead of U.S. China talks
Winnipeg – ICE Futures canola contracts were weaker on Wednesday, although activity was choppy as traders await fresh trade news. “Everyone is marking time,” said a trader, noting that participants were keeping a close eye on trade negotiations between the United States and China this week. Strength in the Canadian dollar accounted for some of […] Read more
Canola weaker; wheat lower
Winnipeg – ICE Futures canola contracts were weaker on Tuesday, although activity was thin and choppy as participants await some fresh direction. Losses in Chicago soybeans and soyoil accounted for some of the spillover selling pressure in canola, with bearish technical signals and poor export demand adding to the softer tone. The Canadian dollar held […] Read more
Canola softens, durum rises
Cuts were felt across the board as commodities came under what appeared to be a technical adjustment. And that was likely further tempered by not much other good news. Durum bucked that trend moving up sharply at the elevators. Canola felt the cold draft blowing in from Chicago beans as falling temperatures in the American […] Read more
Confluence of market forces leave canola mixed
Winnipeg, – ICE Futures canola contracts were mixed on Friday, with gains in the front months and losses in the new crop positions as the market reacted to activity in the outside currency and vegetable oil markets. Sharp gains in Chicago Board of Trade soyoil futures provided underlying support, while technical signals were also pointed […] Read more
Canola up for third straight day; wheat mixed
Winnipeg – ICE Futures canola contracts were higher for the third straight session, as supportive nearby technical signals brought in speculative buying interest. Recent weakness in the Canadian dollar was also supportive, while improving basis levels in the countryside were said to be a sign of solid end user demand. However, concerns over a possible […] Read more
Canola, wheat all up
Winnipeg – ICE Futures canola contracts settled with small gains on Wednesday, after trading to both sides of unchanged in choppy activity. Advances in Chicago Board of Trade soybeans and soyoil provided some spillover support for canola, while nearby technical signals were also said to be pointing higher. However, canola already moved higher on Tuesday, […] Read more
Brazil and China driving U.S. commodity markets
WINNIPEG – With little data filtering out of the United States Department of Agriculture (USDA), news from Brazil and trade negotiations with China, are currently driving futures contracts on the Chicago Board of Trade (CBOT). “It’s Brazilian weather over there and the Chinese negotiations, which sometimes are on and sometimes aren’t,” said Jack Scoville of […] Read more
Canola stronger, wheat mixed
Winnipeg – ICE Futures canola contracts were stronger on Tuesday, seeing a correction after Monday’s declines. Weakness in the Canadian dollar contributed to the gains, as the currency dipped below 75 U.S. cents. A firm tone in Chicago Board of Trade soyoil was also supportive, although losses in soybeans did put some pressure on values. […] Read more
Louis Dreyfus to exit dairy by mid-2019 as part of overhaul
PARIS (Reuters) – Louis Dreyfus Company said on Wednesday it would sell or wind down its small dairy business by the middle of this year as the trading giant focuses on commodities such as grain and oilseeds. Privately held Louis Dreyfus previously earmarked the dairy business as a non-core activity, it said in a statement. […] Read more
