Pulses: Australian chickpeas hit hard by weather

By Dave Sims, Commodity News Service Canada Winnipeg, December 8 (CNS) – A season full of hot weather, frost and torrential rain storms took its toll on Australia’s chickpea harvest, according to a report on graincentral.com. Pulse Australia CEO Nick Goddard said the crop in central Queensland came out rather well, but the same couldn’t […] Read more


Canadian Financial Close: Loonie falls despite oil gains

By Commodity News Service Canada WINNIPEG, Dec. 8 – The Canadian dollar fell slightly at close Friday, despite rises in the price of oil and the stock market. Oil prices climbed almost two per cent Friday, supported by rising Chinese crude demand and threats of a strike in Africa’s largest oil exporter nation, Nigeria. Brent […] Read more


North American Grains/Oilseed Review – Canola falls with fund selling

By Dave Sims, Commodity News Service Canada Winnipeg, December 8 (CNS Canada) – Canola contracts on the ICE Futures Canada platform finished weaker on Friday, due to fund liquidation. “They’re back in on the sell side as we just broke through the lows we set earlier in the week which is technically negative,” said a […] Read more



Feed Grains: Argentine drought threatens corn

By Commodity News Service Canada Winnipeg, Dec. 8 (CNS) – Following are a few highlights in the Canadian and world feed grains markets for Friday, Dec. 8. The drought in Argentina is threatening late planted corn, according to a story from Reuters. Argentina is one of the world’s top exporters of corn. Concerns about shortages […] Read more


ICE Canola under Technical Pressure

By Dave Sims, Commodity News Service Canada WINNIPEG, December 8 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at 10:40 CST on Friday, weighed down by technical selling. The January contract drifted beneath the low it set earlier this week, which was a bearish signal for traders. Funds were also liquidating […] Read more



Global Markets: Britain clears hurdle to begin Brexit

By Commodity News Service Canada WINNIPEG, Dec. 8 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Britain has reached a deal with the European Commission that will enable Brexit talks to proceed. British Prime Minister Theresa May wrapped up urgent negotiations with European commission president […] Read more


ICE Canada canola weakens with soy complex

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 8 (CNS Canada) – ICE Futures Canada canola contracts were mostly lower Friday morning, testing nearby support as losses in the Chicago Board of Trade soy complex weighed on values. Solid farmer deliveries over the past week and resulting increase in visible supplies contributed to the […] Read more


Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, MB, Dec. 8, 2017 (CNS Canada) – The Canadian dollar was little changed Friday morning despite gains in the stock market and the price of oil. At 8:53 CST Friday morning the Canadian dollar was at US$0.7780 or C$1.2854, which compares with Thursday’s North American close of US$0.7786 or […] Read more



Baltic Dry Index nears four-year highs

Phil Franz-Warkentin, Commodity News Service Canada And Western Producer staff Winnipeg, Dec. 4 – The Baltic Dry Index has climbed sharply over the past two weeks, rising to its highest levels in nearly four years. The BDI settled at 1,662 points on Dec. 4, having gained 300 points since the middle of November. The index […] Read more


U.S. soy export forecast seen holding despite slow start

CHICAGO, Dec 7 (Reuters) — U.S. soybean exporters have shipped at a slower pace this crop year than in previous years, casting doubt on whether the industry will reach government forecasts for exports and potentially putting more strain on brimming storage facilities. The United States is the world’s second-largest soybean exporter and is facing stiff […] Read more