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The Winnipeg Commodity Exchange (WCE) saw mixed futures in grain and oilseed markets, with gains in the feed complex and a mostly weaker tone in canola. Canola values were mostly lower at midday in commercial and commission house activity. The tightening Nov/Jan spread was a significant feature in the
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As Mexico's Secretary of Agriculture, Javier Usabiaga, assured the Chamber of Senators, the country is ready to face the potential impacts of the North American Free Trade Agreement (NAFTA) tariff eliminations on corn, beans, and powdered milk. These sensitive products have been protected by a 15-year transition period,
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The lack of competition in Mexico's television industry has allowed Televisa and TV Azteca to aggressively increase prices, forcing clients to advertise in less desirable programs. A report by the IXE financial group highlights the dominant market position of these two companies. Furthermore, a Banamex-Citigroup report forecasts a
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The World Trade Organization has announced that the total liberalization of trade in the textile and clothing sector will begin on January 1, 2005. Emerging countries, including Mexico, will have to adapt to the new trade conditions. Mexican industrialists are reportedly pessimistic about their ability to postpone the elimination of
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Retail stores in Mexico such as Wal-Mart and Soriana issue hundreds of thousands of invoices monthly, leading to high operating costs. According to Lourdes Sanchez de la Vega, general director of Mexico's electronic commerce association Amece, implementing electronic billing could help these firms save up to 80% on
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The Winnipeg Commodity Exchange (WCE) saw mixed trading in canola and grain futures on September 22, 2004, with canola futures trading at mainly lower levels due to early hedge selling and strength in the Canadian dollar. However, the downward price movement was tempered by expectations for better harvest weather in
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Declines in canola and feed grain futures at the Winnipeg Commodity Exchange (WCE) on September 20, 2004, were triggered by reports of good harvest progress in parts of Saskatchewan and Manitoba, exacerbating downward price pressure. Canola futures were particularly affected, with commercial hedging and commodity funds contributing to the losses.
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The Winnipeg Commodity Exchange (WCE) saw canola futures drop modestly in light trade on Monday, driven by weakness in Chicago Board of Trade soy complex futures, according to analysts. The absence of export or crusher demand, combined with bearish technical signals, contributed to the decline. The Canadian dollar's
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Trading in canola and feed grain futures on the Winnipeg Commodity Exchange (WCE) was mixed on the day, with most activity confined to the canola pit. Poor weather conditions for development and harvest activities provided some support, while commercial and commission house buying contributed to the upward price action. However,
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The Winnipeg Commodity Exchange (WCE) saw mixed trade in grain and oilseed futures on September 7, 2004, with a steady tone in the feed complex and significant losses in the canola pit. Canola values fell sharply at midday, influenced by the CBOT soy complex and commercial selling. The stronger Canadian
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Winnipeg, Manitoba, is set for a significant drop in soybean futures, with losses of 20 US cents per bushel possible, according to market participants. Improved weather forecasts for the main soybean growing regions in the US Midwest are contributing to the decline. The halt of as many as three US
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Soybean futures on the Chicago Board of Trade are expected to open on the defensive on Wednesday morning, with losses of 1 to 3 US cents per bushel possible. The market is experiencing overbought price sentiment and weakening cash basis levels due to increased farmer movement. The absence of fresh
