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Cash prices for barley have been steady in Winnipeg, but remain unattractive for producers in Western Canada. Industry sources indicate that cash bids for barley basis Lethbridge are in the $2.30 to $2.50 a bushel range. Market analysts suggest that feedlots in Western Canada have sufficient barley supplies,
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The Winnipeg Commodity Exchange saw grain and oilseed futures trading near unchanged on Thursday, with a higher tone in canola driven by the lack of farmer selling and tightness in the cash markets. Brokers reported moderate activity, with commercials accounting for most of the trading. The cash market was supported
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The Winnipeg Commodity Exchange saw mixed trade in grain and oilseed futures on January 4, 2005, with canola and feed grains exhibiting differing trends. Canola values declined due to weakness in the US soy complex, while feed grains like western barley and feed wheat showed strength, albeit in light trade.
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The Canadian dollar finished a stronger session on December 29, 2004, driven by rising global crude oil values and technical buying, analysts said. Activity was thin due to the ongoing holiday atmosphere. The Canadian currency concluded the day at C$1.2132 or 82.43 US cents, a significant increase
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The Winnipeg Commodity Exchange (WCE) resumed trading on December 29, 2004, after the Christmas break, with grain and oilseed futures seeing a mixed performance. Canola futures experienced moderate losses, while feed wheat posted strong gains in moderate trade. The market was influenced by factors such as increased farmer pricing, sluggish
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The Canadian dollar ended its session Monday slightly weaker, influenced by selling against the euro and profit-taking at the end of the year. The currency remained within a narrow trading range throughout the day, with its value negatively impacted by the anticipation of Canadian retail sales and GDP statistics. Despite
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The Winnipeg Commodity Exchange (WCE) completed its switch to electronic trading on Monday, December 20, without major issues, according to market participants. The new system, implemented in partnership with the Chicago Board of Trade's e-cbot system, allows for the electronic trading of canola, feed wheat, western barley, and
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The Winnipeg Commodity Exchange (WCE) experienced a mixed trading session on Wednesday, with canola futures dropping sharply due to accelerated country movement. Brokerage activity was moderate, with commodity funds participating minimally in the market. Commercial traders dominated the spread trade, with farmers and speculators favoring the short side of the
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Winnipeg Commodity Exchange grain and oilseed futures were trading at steady to higher levels mid-session, driven by a combination of factors. The Canadian dollar's weakness and advances in Chicago Board of Trade (CBOT) grain and soybean values contributed to the strength. Canola futures were particularly resilient, with good
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The Canadian government has issued an invitation to industry to submit proposals for the second round of the Ethanol Expansion Program, aiming to construct new fuel ethanol plants or expand existing ones. This move is in line with the country's climate change plan, which seeks to reduce greenhouse
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Winnipeg Commodity Exchange grain and oilseed futures traded mostly higher at mid-session due to short-covering and a weaker Canadian dollar, amidst light to moderate activity. The market also witnessed some position evening ahead of Statistics Canada's updated grain and oilseed production survey results. Canola futures were higher at
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Grain and oilseed futures on the Winnipeg Commodity Exchange (WCE) ended their session mainly lower, with feed wheat and canola establishing new contract lows. Steady farmer deliveries to the country elevator system and subsequent hedge offers weighed on values, while a pull-back in the value of the Canadian dollar helped
