North American Grain Oilseed Review: Canola ends lower after choppy day

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Dec. 7 (CNS Canada) – ICE Futures canola contracts weaker in the most active months at Friday’s close, after trading to both sides of unchanged in choppy activity. Strength in the Canadian dollar accounted for some of the selling pressure in canola, according to participants. The currency […] Read more

ICE canola correcting lower

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 7 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, taking back most of Thursday’s gains as strength in the Canadian dollar weighed on values. The currency was up by roughly half of a cent relative to its United States counterpart, which cuts […] Read more

Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Dec. 7 (CNS Canada) – The Canadian dollar was up Friday morning. At 8:49 CST Friday morning the Canadian dollar was at US$0.7530 or C$1.3277, which compares with Thursday’s North American close of US$0.7460 or C$1.3404. More than 94,000 jobs, largely full-time, were created last month according to figures […] Read more


ICE canola down in morning trade

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Dec. 7, 2018 (CNS Canada) – ICE Futures canola contracts are mostly weaker this morning. Trading has been choppy throughout the morning. Chicago Board of Trade soybean, oil and meal contracts are all mostly stronger this morning. China’s commerce minister has said that China will start […] Read more

Global Markets: Canada sees record employment growth

By Commodity News Service Canada WINNIPEG, Dec. 7 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada posted record employment growth in November, with employment increasing by 94,100 jobs, according to a report from Statistics Canada. The country’s jobless rate declined to 5.6 per cent, […] Read more


Canadian Financial Close: Poloz says prime going up next year

By Commodity News Service Canada WINNIPEG, Dec. 6 (CNS Canada) – The Canadian dollar was down at market close Thursday. The dollar closed at US$0.7460 or US$1=C$1.3404, which compares with Wednesday’s close of US$0.7489 or C$1.3353. Bank of Canada Governor Stephen Poloz said Thursday the bank’s prime interest rate remained unchanged at 1.75 per cent […] Read more

North American Grain/Oilseed Review: Canola strengthens with smaller crop

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Dec. 6 (CNS Canada) – ICE Futures canola contracts were stronger in the most active months on Thursday, although activity was choppy as a number of conflicting influences pulled on the market. A downward revision to Statistics Canada’s canola production estimate provided underlying support. The government agency […] Read more

ICE canola rises with tightening supply forecast

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 6 (CNS Canada) – ICE Futures canola contracts were stronger at midday Thursday in choppy activity, finding some support from the latest production estimates from Statistics Canada. The government agency pegged the 2018-19 canola crop at 20.3 million tonnes, which was at the lower end of […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Dec. 6 (CNS Canada) – The Canadian dollar was weaker Thursday morning, as losses in crude oil and the outside equity markets weighed on values. At 9:01 CST Thursday morning the Canadian dollar was at US$0.7457 or C$1.3410, which compares with Wednesday’s North American close of US$0.7489 or C$1.3353. […] Read more

Global Markets: Top Huawei executive arrested in Canada

By Commodity News Service Canada WINNIPEG, Dec. 6 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – At the request of the United States, Canadian authorities have arrested Meng Wanzhou, a top executive with Chinese technology company Huawei and daughter of the company’s founder. The arrest […] Read more