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


Pulses: Indian pulse imports from Myanmar fade

By Dave Sims, Commodity News Service Canada Winnipeg, December 7 (CNS) – A farmer in Australia is crediting the use of an air-reel with improvements to his harvest. According to a report in the Goondiwindi Argus, Jeff Nixon says he used to lose an unacceptable amount of chickpea grain while combining until he fixed the […] Read more



Canadian Financial Close: Loonie falls despite stock market gains

By Commodity News Service Canada WINNIPEG, Dec. 7 – The Canadian dollar fell slightly at close Thursday, despite gains in the stock markets and price of oil. Oil prices climbed more than one per cent Thursday due to a threatened strike in Nigeria and as traders covered shorts after sharp losses the previous day brought […] Read more


North American Grains/Oilseed Update – Canola dips in follow-through selling

By Dave Sims, Commodity News Service Canada Winnipeg, December 7 (CNS Canada) – Canola contracts on the ICE Futures Canada platform recorded losses on Thursday, as traders engaged in follow-through selling on the heels of a bearish report from Statistics Canada. The canola market was also undermined by losses in U.S. soybeans. Technical selling was […] Read more



Feed Grains: Nebraska corn farmers’ lose corn to ear drop

By Commodity News Service Canada Winnipeg, Dec. 7 (CNS) – Following are a few highlights in the Canadian and world feed grains markets for Thursday, Dec. 7. Corn farmers in Nebraska are facing losing tens of thousands of dollars of corn due to one of the worse cases of ear drop in recent years, according […] Read more


ICE Canola Still Under Pressure After StatsCan Report

By Dave Sims, Commodity News Service Canada WINNIPEG, December 7 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at 10:45 CST on Thursday, in sympathy with the U.S. soy complex. Yesterday’s report by Statistics Canada also continued to drag on prices. The agency predicted canola production in 2017/18 would hit a […] Read more


Global Markets: General Electric Cuts 12,000 Jobs

By Commodity News Service Canada WINNIPEG, Dec. 7 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – General Electric is slashing 12,000 jobs in a bid to make itself more nimble and cost-effective. The move is also part of a larger push by the company to […] Read more



ICE Canada Canola Weakens Early Thursday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 7 (CNS Canada) – ICE Futures Canada canola contracts were weaker Thursday morning, taking some direction from the early losses in the Chicago Board of Trade soy complex. Wednesday’s larger-than-expected canola production estimate also continued to weigh on values, as market participants adjust their balance sheets […] Read more


Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, MB, Dec. 7, 2017 (CNS Canada) – The Canadian dollar fell at open Thursday. At 8:50 CST Thursday morning the Canadian dollar was at US$0.7777 or C$1.2855, which compares with Wednesday’s North American close of US$0.7839 or C$1.2757. Oil prices rose Thursday in a sign that investors are wary […] Read more