Global Markets: World markets open lower

By Commodity News Service Canada WINNIPEG, Feb. 22, 2018 – The president of Ford’s North American division is out after allegations of inappropriate behaviour. The company said Raj Nair was leaving the company after an internal review found behaviour that was inconsistent with its code of conduct. Details of the behaviour weren’t announced. Fourth-quarter profits […] Read more


Canadian Financial Close: Loonie ends Wednesday lower

By Commodity News Service Canada WINNIPEG, Feb. 21 – The Canadian dollar ended Wednesday lower as a drop in the price of oil weighed on it. The Canadian dollar settled Wednesday at US$0.7892 or C$1.2671, compared to Tuesday’s North American close of at US$0.7923 or C$1.2622. Oil prices fell Wednesday ahead of data expected to […] Read more


North American Grains/Oilseed Review – Canola follows soy higher

By Dave Sims, Commodity News Service Canada Winnipeg, February 21 (CNS Canada) – The ICE Futures Canada canola complex continued to rise alongside U.S. soybeans and soyoil. Dry weather in Argentina underpinned the futures. Spread action was steady as traders continued to roll out of the March contract and into May. Weakness in the Canadian […] Read more



ICE Canola Rises with U.S. Soy Complex

By Dave Sims, Commodity News Service Canada WINNIPEG, February 21 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger on Wednesday, following advances in the U.S. soy complex. Dry conditions in Argentina continue to underpin futures. Traders will be watching closely to see what news comes out of this week’s USDA outlook […] Read more


Global Markets: New study says pipeline delays costing billions

By Commodity News Service Canada WINNIPEG, Feb. 21, 2018 – Maple Leaf Foods is reporting a quarterly profit of C$59.1 million. The company is now planning to pay investors a quarterly dividend of 13 cents per share. Total sales for the quarter amounted to C$876.8 million. Uber is imposing new rules on company drivers in […] Read more



ICE canola rises with soybeans

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 21 (CNS Canada) – ICE Futures Canada canola contracts were stronger Wednesday morning, finding some spillover support from advances in Chicago Board of Trade soybeans. Hot and dry weather forecasts out of Argentina remained a major driver in the oilseed markets, with excessive moisture in Brazil […] Read more


Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, MB, Feb. 21, 2018 (CNS Canada) – The Canadian dollar opened lower Wednesday, weighed down by oil prices. At 8:45 CST Wednesday morning the Canadian dollar was at US$0.7895 or C$1.2668, which compares with Tuesday’s North American close of US$0.7923 or C$1.2622. Oil prices eased Wednesday, weighed down by […] Read more


Canadian Financial Close: TSX dips with financials, metals

By Commodity News Service Canada WINNIPEG, February 20 (CNS) – The Canadian dollar fell against its U.S. counterpart on Tuesday, due to broad-based strength in the American greenback. Declines in gold bullion and copper also weighed down the commodity-backed loonie. The Canadian dollar settled on Tuesday at US$0.7923 cents or C$1.2622, compared to Friday’s North […] Read more



North American Grains/Oilseed Review – Canola firms with short-covering

By Dave Sims, Commodity News Service Canada Winnipeg, February 20 (CNS Canada) – The ICE Futures Canada canola complex recorded gains on Tuesday, taking strength from advances in U.S. soyoil and weakness in the Canadian dollar. Funds were engaging in short-covering and traders began taking new positions. “Guys were rolling their positions forward from the […] Read more


ICE Canola Chalks up Gains with Broad-based Support

By Dave Sims, Commodity News Service Canada WINNIPEG, February 20 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger on Tuesday as supportive weather issues in South America and spillover selling from the soy sector lifted the canola market. “We’re still getting short-covering coming from the funds in the March,” noted a […] Read more