Agriculture News Results

  • ICE Review: Higher Soy Complex Pushes Up Canola

    WINNIPEG--Although Intercontinental Exchange canola futures closed higher Friday, they pulled back from much larger increases from earlier in the day. Support came from strong upticks in the Chicago soy complex, but there were small losses in Malaysian palm oil, while European rapeseed ended mixed. Good gains in global crude oil gave way to prices being steady to lower and hurting edible oil values.

  • ICE Canola Midday: Strength in Edible Oils Underpinning Increases

    WINNIPEG, Manitoba--Intercontinental Exchange canola futures were stronger at midday Friday, due to good gains in the Chicago soy complex and European rapeseed, while Malaysian palm oil nudged a little higher. Support for edible oils was coming from increases in global crude oil prices. A trader said the production report from Statistics Canada released this morning had "maybe a little bit" of an effect on canola futures.

  • ICE Canola Up Sharply Friday Morning

    WINNIPEG, Manitoba--The ICE Futures canola market was stronger Friday morning, finding support from Statistics Canada's updated production estimates confirming the tight supply situation. The government agency pegged the 2021/ 22 canola crop at 12.6 million tons, which was down from the 12.8 million tons forecast in September and well below the 19.5 million tons grown the previous year. The Dec. 3 report was the first of the year conducted using farmer surveys, with previous...

  • Indian Morning Briefing: Asian Markets Mixed Amid Continued Omicron Uncertainty

    GLOBAL MARKETS DJIA 34639.79 617.75 1.82% Nasdaq 15381.32 127.27 0.83% S&P 500 4577.10 64.06 1.42% FTSE 100 7129.21 -39.47 -0.55% Nikkei Stock 27688.27 -65.10 -0.23% Hang Seng 23549.67 -239.26 -1.01% Kospi 2941.54 -3.73 -0.13% SGX Nifty* 17372.00 -73.5 -0.42%* Dec contract USD/JPY 113.14-15 -0.04% Range 113.23 112.96 EUR/USD 1.1295-98 -0.05% Range 1.1310 1.1291 CBOT Wheat Dec $8.064 per bushel Spot Gold $1,769.94/ oz 0.1% Nymex Crude $66.95 $1.38 US STOCKS.

  • ICE Closing Review: Sharp Gains for Old Crop Canola

    WINNIPEG, Manitoba--Intercontinental Exchange canola futures closed higher on Thursday, with the strongest gains in the front months. The rolling out of the January contract was a feature. There was ample support from significant upticks in European rapeseed and the Chicago soy complex.

  • ICE Canola Swings Higher on Rail Closure, U.S. and Europe Prices

    WINNIPEG--Intercontinental Exchange canola futures moved higher at midday Thursday as support came from comparable oils and news from Canadian National Rail, according to a trader. With the latest deluge of rain in southern British Columbia, Canadian National closed its Kamloops to Vancouver corridor and said it wouldn't reopen until the weekend. The railway is also redirecting some trains to Prince Rupert.

  • ICE Canola Mostly Higher Thursday Morning

    WINNIPEG--The ICE Futures canola market was mostly higher Thursday morning, although activity was thin and choppy. Chicago Board of Trade soyoil futures were lower in early activity while Malaysian palm oil also posted losses overnight. However, European rapeseed futures were holding onto small gains.

  • Brazil 3Q GDP Contracted 0.1% Vs. 2Q After Drought Hit Agriculture -- Update

    SÃO PAULO--Brazil's economy shrank in the third quarter from the previous three months, the second consecutive contraction, after a drought hit agricultural production and outweighed growth in the service sector. Gross domestic product expanded three quarters in a row starting from the third quarter of last year, rebounding from the worst period of the coronavirus pandemic, but Brazil's economy is now struggling to grow amid rapidly rising prices and the logistics...

  • Brazil 3Q GDP Contracted 0.1% Vs. 2Q After Drought Hit Agriculture

    SÃO PAULO--Brazil's economy shrank in the third quarter from the previous three months as a drought hit agricultural production, outweighing growth in the service sector. Gross domestic product contracted by 0.1% in the three months through September compared with the second quarter of 2021, and expanded 3.9% from the third quarter of 2020, the Brazilian Institute of Geography and Statistics, or IBGE, said Thursday. In the second quarter, GDP shrank by a revised 0.4% from the...

  • Indian Morning Briefing: Asian Markets Mixed Amid Jitters Over Omicron Variant

    GLOBAL MARKETS DJIA 34022.04 -461.68 -1.34% Nasdaq 15254.05 -283.64 -1.83% S&P 500 4513.04 -53.96 -1.18% FTSE 100 7168.68 109.23 1.55% Nikkei Stock 27754.10 -181.52 -0.65% Hang Seng 23718.40 59.48 0.25% Kospi 2918.21 18.49 0.64% SGX Nifty* 17143.00 -102.0 -0.59%* Dec contract USD/JPY 113.04-05 +0.23% Range 113.10 112.66 EUR/USD 1.1332-35 +0.11% Range 1.1341 1.1315 CBOT Wheat Dec $7.784 per bushel Spot Gold $1,780.47/ oz -0.1% Nymex Crude $65.32- $0.86 US STOCKS.

Search News

Filter Results

Publication Date
Topic
Provider

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.