North American Grain/Oilseed Review: Canola stuck in downtrend

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Dec. 13 (CNS Canada) – ICE Futures Canada canola contracts were mostly lower on Wednesday, as bearish technical signals and fund selling weighed on prices. Losses in Chicago Board of Trade soyoil and Malaysian palm oil, along with a firmer tone in the Canadian dollar, contributed to […] Read more


Pulse Report: South Dakota pulse plant facing money problems

By Commodity News Service Canada Winnipeg, Dec. 13 (CNS) – Less than a year after the South Dakota Pulse Processors plant started operating it is already facing money issues, according to a report in the Capital Journal. The plant in Harrold, S.D. began processing yellow field peas and lentils last January following a much delayed […] Read more


ICE canola continues lower

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 13 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Wednesday, posting losses for the fifth-straight session as bearish technical signals kept fund traders on the sell side. Losses in Chicago Board of Trade soyoil and a firmer tone in the Canadian dollar […] Read more



Global Markets: Agrium to buy Australian fertilizer business

By Commodity News Service Canada WINNIPEG, Dec. 13, 2017 (CNS) – The following is a glance at the news moving markets in Canada and globally. Global commodity trader Louis Dreyfus Company agreed Tuesday to sell its Macrofertil Australia Pty Ltd to Agrium’s Australian unit Landmark Operations Ltd. Earlier this year Louis Dreyfus agreed to sell […] Read more


ICE Canola Breaks Below C$500

By Dave Sims, Commodity News Service Canada WINNIPEG, December 13 – Canola contracts on the ICE Futures Canada platform were lower on Wednesday, weighed down by losses in vegetable oil. Strength in the Canadian dollar, relative to its U.S. counterpart, was bearish for canola as it made the commodity less attractive to international buyers. Canola […] Read more



Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Dec. 13 (CNS Canada) The Canadian dollar was firmer Wednesday morning, as gains in crude oil provided some underlying support. At 8:57 CST Wednesday morning the Canadian dollar was at US$0.7778 or C$1.2857, which compares with Tuesday’s North American close of US$0.7769 or C$1.2871. Tightening U.S. crude oil stocks […] Read more


Feed Grains: Indian wheat stockpiles grow

By Commodity News Service Canada Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Tuesday, Dec. 12. Prices for feed wheat in Saskatchewan are holding steady, according to the latest information from the Prairie Ag Hotwire. Bids are listed as C$3.90 to C$5.00 per bushel. Oat prices in […] Read more


Canadian Financial Close: Agrium shakes up fertilizer world

By Commodity News Service Canada WINNIPEG, December 12 (CNS) – The Canadian dollar softened against its counterpart on Tuesday, weighed down by losses in crude oil and gold bullion. The loonie fell to its lowest point in over a week as traders prepared for an expected interest rate hike by the U.S. Federal Reserve. The […] Read more



North American Grain/Oilseed Review: Canola weakens with soybeans

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Dec. 12 (CNS Canada) – ICE Futures Canada canola contracts hit fresh two-month lows on Tuesday, as losses in Chicago Board of Trade soybeans and bearish technical signals weighed on values. Chart-based selling accounted for much of the weakness, as fund traders continued to liquidate their dwindling […] Read more


Pulse Report: Alberta pulse levy may drop

By Commodity News Service Canada Winnipeg, Dec. 12 (CNS) – The Alberta Pulse Growers are considering lowering their checkoff from one per cent to 0.75 per cent at next month’s annual general meeting. If approved by members, the service fee would be levied on sales of pulses as of Aug. 1. The one per cent […] Read more