Commodity futures
As of midday, grain and oilseed futures at the Winnipeg Commodity Exchange (WCE) are trading in a mixed range, with early declines attributed to elevator company hedge selling and the absence of significant fresh demand. Canola futures are mixed in moderate trade, with early weakness associated with steady farmer deliveries
Commodity futures
The Winnipeg Commodity Exchange (WCE) saw declines in grain and oilseed futures on Monday, November 29, 2004, with canola trading at fresh contract lows. The losses were attributed to weakness in Chicago Board of Trade (CBOT) soy complex futures, increased country movement, and bearish technical signals. Fresh export demand was
Commodity futures
A surprise 49 billion cubic foot draw in natural gas storage reported by the Energy Information Administration (EIA) sent natural gas futures prices skyrocketing on the New York Mercantile Exchange (Nymex). Expiring December futures reached as high as $8.15 per million British thermal units, a significant increase from the
Commodity futures
Gold futures on the Comex division of the New York Mercantile Exchange were trading within $1 of the elusive $450-per-ounce level, driven by continued weakness in the U.S. dollar and strengthened oil prices. This development has sustained fund interest in gold, leading to increased speculative buying. The precious metal
Commodity futures
The Winnipeg Commodity Exchange (WCE) saw a decline in grain and oilseed futures trading on November 19, 2004, with canola futures leading the downward price slide. The upward rebound in the Canadian dollar, combined with increased hedge offers, undermined price influence. The absence of significant fresh export demand contributed to
Commodity futures
Grain and oilseed futures at the Winnipeg Commodity Exchange (WCE) are trading mainly higher, driven by short-covering and advances in CBOT corn and soybean values. Canola futures are also gaining ground due to steady local and commission house buying, much of which is attributed to short-covering. Exporter pricing and the
Commodity futures
Gold prices surged $2.50 on the New York Mercantile Exchange as fund and trade buying fueled concerns about the US dollar, with many anticipating a US interest-rate hike. The turmoil in the market has led to a flurry of announcements from major gold companies, including Harmony Gold Mining Co.
Commodity futures
The Winnipeg Commodity Exchange saw mixed trade in grain and oilseed futures on November 8, 2004, with western barley experiencing losses, while canola values were mostly higher in choppy trade. Locals were active participants in the market, adding to the liquidity in the canola pit. The gains in the CBOT
Commodity futures
Grain and oilseed futures at the Winnipeg Commodity Exchange (WCE) saw significant declines in November 2004, primarily influenced by the weaker tone in CBOT soy and grain futures. Western barley and feed wheat futures hit new contract lows, while canola values dropped in sympathy with the heavy losses in the
Commodity futures
US farmers are struggling with plummeting grain prices and harsh weather conditions, marking a poor start to the autumn season. The US Department of Agriculture reported a 3.5% decline in farm commodity prices, largely due to a 13-15% collapse in cash corn, milo, and soybean markets. The situation is
Commodity futures
Futures markets at the Winnipeg Commodity Exchange (WCE) faced significant losses on Friday, driven by a combination of end-of-month book squaring, weakness in CBOT grain and soybean values, and commercial selling pressure. Canola and feed wheat were particularly hard hit, with prices declining due to a lack of fresh demand
Commodity futures
Grain and oilseed futures at the Winnipeg Commodity Exchange (WCE) saw a significant increase in value on Monday, October 25, 2004, with canola futures experiencing a sharp surge due to fund buying. The bulk of the trading activity was focused on intermonth spreading, as funds rolled their positions from November
