Canadian Dollar and Business Outlook

By Commodity News Service Canada Winnipeg, Sept. 14 (CNS Canada) – The Canadian dollar was trending lower against its U.S. counterpart Friday morning, following losses in gold bullion and natural gas. Advances in crude oil prices lent some strength to the commodity-backed currency. At 8:55 CDT Friday morning the Canadian dollar was at US$0.7679 or […] Read more

Global Markets: Hurricane Florence makes landfall

By Commodity News Service Canada WINNIPEG, Sep. 14 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Hurricane Florence made landfall on the North Carolina coast early Friday morning. While the storm has been downgraded to a Category 1 hurricane, it is moving very slowly and […] Read more

ICE canola mixed in morning trade

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Sept 14, 2018 (CNS Canada) – ICE Futures canola contracts were trading both sides of unchanged Friday morning. Chicago Board of Trade soybeans contracts were stronger, while soyoil and meal contracts were weaker. Cool and wet weather across the Prairies is delaying harvest progress. Snow fell […] Read more


Canadian Financial Close: TSX pressured by losses in health-care

By Commodity News Service Canada WINNIPEG, Sept. 13 (CNS) – The Canadian dollar eked out a tiny gain against its American counterpart on Thursday. The loonie took strength from a rise in housing prices and slight optimism around world markets. Losses in crude oil prices and gold bullion were bearish for the commodity-backed currency. The […] Read more

North American Grains/Oilseed Review – Canola drifts lower amid yield uncertainty

By Dave Sims, Commodity News Service Canada Winnipeg, Sept. 13 (CNS Canada) – The ICE Futures canola platform suffered modest losses on Thursday, weighed down by technical selling and uncertainty about the state of the crop. Cold and wet weather across the Prairies has slowed down harvest. Concerns over frost in Alberta and widely varying […] Read more


Canola churns lower in choppy trade

By Dave Sims, Commodity News Service Canada WINNIPEG, Sept. 13 (CNS) – Canola contracts on the ICE Futures platform were lower in choppy trade at midday Thursday. “Volumes haven’t been that bad but they’re kind of lifeless,” said a trader in Winnipeg. “We’re kind of stuck slopping around a 50 cent range.” Steady farmer selling […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada Sept. 13 (CNS Canada) — Investors remain optimistic that a deal on the North American Free Trade Agreement can be reached, even as the Canadian dollar wavered but largely kept pace. The loonie was at US$0.7697, or C$1.2991 per U.S. dollar at 8:52 a.m. CDT. The loonie closed Sept. 12 […] Read more

ICE canola down with higher loonie

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Sept 13, 2018 (CNS Canada) – ICE Futures canola contracts were lower Thursday morning, as recent strength in the Canadian dollar weighed on markets. Chicago Board of Trade soybeans, meal and oil contracts were all weaker. Wednesday’s United States Department of Agriculture report saw record soybean […] Read more


Global Markets: Florence moves closer to U.S. East Coast

By Commodity News Service Canada Sept. 13 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally. – Hurricane Florence has weakened slightly into a Category 2 storm as it heads inland for the Carolina coast. Despite the downgrading, Florence’s dangers lie in its storm surges, extreme coastal […] Read more

Canadian Financial Close: TSX dips with minerals

By Commodity News Service Canada WINNIPEG, Sept. 12 (CNS) – The Canadian dollar posted strong gains relative to its American counterpart on Wednesday, buoyed by optimism Canada and the United States were getting close to a deal on the North American Free trade Agreement. Gains in crude oil prices and gold bullion added to the […] Read more