Markets
ICE canola futures saw some choppy activity during the week ended Nov. 26, falling below nearby support at one point before clawing back from those losses to continue their steady uptrend of the past two months.
Markets
Prairie Wheat Weekly: Spring prices vary as durum nudges up
Spring wheat cash prices varied across the Prairies for the week ended Nov. 25, while those for durum were slightly higher. Losses in the United States wheat complex weighed on prices north of the border, while support came from a weaker Canadian dollar.
U.S. livestock: Chicago cattle futures mixed ahead of Thanksgiving holiday
Chicago | Reuters – Chicago Mercantile Exchange’s live cattle futures were mixed on Tuesday, with nearby contracts extending the previous session’s losses that saw contracts drop by the daily trading limit, analysts said. Feeder cattle futures turned higher, rebounding from Monday’s sharp limit-down losses, as traders began to adjust positions ahead of the U.S. Thanksgiving […] Read more
European Union’s deforestation delay bad news for canola
The crop would have been a significant beneficiary of regulations to curtail imports resulting from deforestation
The European Union’s deforestation regulation may be delayed by another year. The regulation has the potential to boost canola oil consumption.
Pulse Weekly: Looking for trade deal to benefit Canadian growers
As trade talks between Canada and India are soon to restart, Pulse Canada said it’s looking for any deal arising out of those talks to be beneficial for Canadian pulse growers.
U.S. grains: CBOT soybeans firm as traders hope for more Chinese buying
Chicago Board of Trade soybean futures ended higher on Tuesday in a day of range-bound trading after comments by President Donald Trump’s administration bolstered expectations of further Chinese purchases under a bilateral trade truce, market analysts said.
Conagra considers selling its share in Ardent Mills
Conagra and Cargill each own 44 per cent of Ardent Mills, while CHS owns the remaining 12 per cent
Conagra is open to selling its 44% share in North America’s largest milling company.
USDA’s latest WASDE report bearish for wheat
The World Agriculture Supply and Demand Estimates report now projects a new production record of 829 million tonnes
The U.S. Department of Agriculture has released its long-awaited November crop production and World Agriculture Supply and Demand Estimate reports.
Critics question Brazil’s biofuel expansion plan
Country is pushing the world to quadruple sustainable fuel use by 2035, but scientists warn of land, food trade-offs
“When land grows fuel instead of food, someone else must clear more land, or eat less,” said Timothy Searchinger, senior research scholar at Princeton University.
Canola price creeps higher despite slow export levels
The demand situation in canola still looks worrisome, but its price has crept up from the autumn low set in October.
