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The Winnipeg Commodity Exchange Inc. (WCE) has announced significant changes to the Flaxseed Futures Contract, which are pending non-disapproval from the Manitoba Securities Commission (MSC). The revisions include a switch from U.S. dollars to Canadian dollars, elimination of U.S. origin flaxseed as a deliverable grade, and changes to
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Trading in Winnipeg Commodity Exchange was mixed on August 25, 2004, with canola and feed grain futures showing varying degrees of increase. Canola futures were higher in active trade, with Fimat Canada and RBC Investments participating on both sides of the market. However, commercial hedges stemming from farmer sales in
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The Winnipeg Commodity Exchange (WCE) experienced mixed trade in canola and feed grains at mid-session on August 24, 2004, with canola futures declining in moderate volumes. The market responded to a slightly bearish Statistics Canada production report and losses in CBOT soybeans. Farmer hedges accounted for the early selling as
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The release of the World Trade Organization's agriculture framework has sparked a heated debate among Canadian agricultural stakeholders. The Canadian Wheat Board (CWB) has expressed strong disapproval of the draft framework, citing concerns that it would harm western Canadian farmers. In contrast, the Canadian Agri-Food Trade Alliance (CAFTA)
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Mexican corn farmers in Valle de Chalco, Estado de Mexico, protested against companies benefiting from federal support programs, accusing them of unfair competition. The farmers claimed that the companies were selling tortillas at 3 pesos per kilo, contradicting the official price of 6 pesos. The farmers also demanded that beans
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Grain and oilseed futures at the Winnipeg Commodity Exchange (WCE) are expected to start Tuesday's session on a defensive note due to favorable weather conditions for crops across Western Canada over the long holiday weekend, according to floor sources. Canola futures are seen opening C$1.00 to
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The US soybean crop is expected to have a beneficial growing season, with weather forecasts indicating continued favorable conditions in the Midwest. This news, combined with weak cash basis levels and a lower close in old-crop prices on the Chicago Board of Trade's electronic trading platform, is contributing
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Favorable growing conditions in Western Canada and anticipated losses in CBOT grain and soybean markets contributed to the decline in grain and oilseed futures at the Winnipeg Commodity Exchange (WCE) to start Monday's session. Conditions across the Canadian Prairies remain favorable, with temperatures seasonal and a band of
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Soybean futures on the Chicago Board of Trade (CBOT) are expected to start Monday's session on the defensive, with market participants anticipating losses of 20 US cents per bushel. The forecasted decline is attributed to excellent weather conditions for crop development over the weekend and the expectation of
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The Canadian government has asked for a delay in a World Trade Organization (WTO) probe into U.S. anti-dumping and countervailing duties on Canadian hard red spring wheat exports, citing a NAFTA appeal. The delay is intended to streamline the process and avoid multiple appeals. A combined 14.6% anti-dumping
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The Winnipeg Commodity Exchange saw mixed trade in canola and feed grain futures on July 19, 2004, with canola futures edging up in quiet, routine trade. Advances in the CBOT soy complex helped underpin the Winnipeg futures, with locals and commercials buying in the market. However, the strong Canadian dollar
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President Vicente Fox's vision for Mexico's involvement in Mercosur marks an important milestone in the creation of the Free Trade Area of the Americas (FTAA). Fox's statement highlights the significance of consolidating regional and bilateral trade agreements as a precursor to the FTAA. The
