Canadian Financial Close: TSX dips with gold prices

By Commodity News Service Canada WINNIPEG, Sept. 21 (CNS) – The Canadian dollar softened against its American counterpart on Friday. The loonie was beaten back by strength in the U.S. currency and weakness in gold issues. Gains in crude oil prices and natural gas were supportive for the commodity-backed currency. Strong inflation numbers lent strength […] Read more

North American Grains/Oilseed Review – Canola firms behind U.S. soy

By Dave Sims, Commodity News Service Canada Winnipeg, Sept. 21 (CNS Canada) – The ICE Futures canola platform chopped around for much of Friday’s session before ending with small gains. Traders were squaring positions before the weekend. Advances in U.S. soyoil pointed the way higher for canola. Concerns over frost in Australian canola fields and […] Read more

Canola chopping around amid conflicting soy signals

By Dave Sims, Commodity News Service Canada WINNIPEG, Sept. 21 (CNS) – Canola contracts on the ICE Futures platform were chopping around unchanged Friday, as losses in U.S. soybeans were countered by advances in soyoil. Wet weather in Western Canada was delaying harvest efforts in numerous locations. Traders were squaring positions before the weekend with […] Read more


Global Markets: Hurricane Florence wreaks havoc on U.S. crops

By Dave Sims, Commodity News Service Canada WINNIPEG, Sep. 21 (CNS) – Hurricane Florence has cost farmers in the Carolinas US$125 million in damages so far, according to the state government. Cotton, corn, tobacco and peanut crops all suffered heavy damage from strong winds and wet soil. The storm occurred during harvest for many producers, […] Read more

ICE canola mixed early Friday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sep. 21 (CNS Canada) – ICE Futures canola contracts were mixed Friday morning, bouncing around both sides of unchanged as the market saw some consolidation ahead of the weekend. Ongoing concerns over harvest delays in parts of Western Canada provided some underlying support, according to participants. However, […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Sep. 21 (CNS Canada) The Canadian dollar was holding steady Friday morning, seeing some consolidation after hitting its highest levels in weeks relative to its United States counterpart. At 8:36 CDT Friday morning the Canadian dollar was at US$0.7743 or C$1.2915 which compares with Thursday’s North American close of […] Read more

Canadian Financial Close: TSX rises with health-tech sector

By Commodity News Service Canada WINNIPEG, Sept. 20 (CNS) – The Canadian dollar strengthened against its American counterpart on Thursday. Losses in crude oil prices were offset by gains in gold bullion and natural gas. The loonie finished at US$0.7749 or C$1.2905, compared to Wednesday’s North American close of US$0.7724 or C$1.2947. The S&P/TSX Composite […] Read more

North American Grains/Oilseed Review – Canola firms behind U.S. soy

By Dave Sims, Commodity News Service Canada Winnipeg, Sept. 20 (CNS Canada) – The ICE Futures canola platform ended slightly higher on Thursday, following gains in the U.S. soy complex. Weather issues continue to lend support to futures, as farmers in parts of Western Canada waited for drier conditions to finish the harvest. The November […] Read more


ICE canola weakens at midday

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Sep. 20, 2018 (CNS Canada) – ICE Futures canola contracts were lower at midday Thursday, with the November contract still hanging above the $485 per tonne mark. One Winnipeg-based trader pointed towards a number of factors keeping the market down – canola is relatively high priced […] Read more

Canadian Dollar and Business Outlook

By Commodity News Service Canada Sep. 20 (CNS Canada) – The Canadian dollar is posting small gains this morning after hitting three-week highs yesterday with the United States dollar in retreat. Higher crude oil prices are helping to float the loonie. The Canadian dollar was at US$0.7758, or C$1.2890 per U.S. dollar at 8:45 a.m. […] Read more