Agriculture News Results

  • Indian Morning Briefing: Asian Markets Mostly Lower

    GLOBAL MARKETS DJIA 35084.53 153.60 0.44% Nasdaq 14778.26 15.68 0.11% S&P 500 4419.15 18.51 0.42% FTSE 100 7078.42 61.79 0.88% Nikkei Stock 27311.83 -470.59 -1.69% Hang Seng 25956.51 -358.81 -1.36% Kospi 3211.42 -31.23 -0.96% SGX Nifty* 15764.50 -74.5 -0.47%* Aug contract USD/JPY 109.53-54 +0.05% Range 109.60 109.37 EUR/USD 1.1882-85 -0.04% Range 1.1897 1.1879 CBOT Wheat Sep $7.052 per bushel Spot Gold $1,827.45/ oz 0.01% Nymex Crude $73.60 $1.21 US STOCKS.

  • LIVESTOCK HIGHLIGHTS: Top Stories of the Day

    In Pilgrim's Chicken Plants, Hopes for Labor Relief. In the midst of a nationwide run on chicken, poultry producer Pilgrim's Pride aims to grow its flocks--those on farms as well as the workers who staff processing lines in the Colorado company's plants. The latter has long been tough for the meat industry, and Covid-19's rapid spread through U.S. meat plants last year exacerbated the challenge.

  • ICE Review: Canola Mostly Lower on Thursday

    WINNIPEG, Manitoba--The ICE Futures canola market was mostly weaker at Thursday's close, but off its lows for the session after uncovering some support to the downside. Sharp strength in the Canadian dollar accounted for some selling pressure in canola. Speculative long liquidation also weighed on prices in early activity.

  • ICE Canola Recovering From Early Losses at Midday

    WINNIPEG, Manitoba--The ICE Futures canola market was posting small gains in the most active months at midday Thursday, recovering from early declines after finding some support to the downside. Sharp strength in the Canadian dollar, which was up by roughly half of a cent relative to its United States counterpart, accounted for some selling pressure in canola. Speculative long liquidation also weighed on prices in early activity.

  • ICE Canola Continues Lower, Testing Support

    WINNIPEG, Manitoba--The ICE Futures canola market was weaker Thursday morning, testing nearby support as speculators continued to liquidate long positions and book profits. The November contract dipped below the 20- day moving average, which was bearish from a chart-standpoint. A firm tone in the Canadian dollar, which moved above 80 United States cents, also weighed on values.

  • Indian Morning Briefing: Asian Markets Mostly Higher

    GLOBAL MARKETS DJIA 34930.93 -127.59 -0.36% Nasdaq 14762.58 102.01 0.70% S&P 500 4400.64 -0.82 -0.02% FTSE 100 7016.63 20.55 0.29% Nikkei Stock 27686.76 105.10 0.38% Hang Seng 25900.89 427.01 1.68% Kospi 3236.91 0.05 0.00% SGX Nifty* 15751.00 -4.0 -0.03%* Aug contract USD/JPY 109.80-81 -0.10% Range 109.96 109.69 EUR/USD 1.1853-56 +0.09% Range 1.1860 1.1841 CBOT Wheat Sep $6.886 per bushel Spot Gold $1,816.10/ oz 0.5% Nymex Crude $72.27 $0.62 U.S. Stocks mostly edged lower...

  • ICE Canada Weekly Outlook: Canola Range-bound, Awaiting Harvest

    WINNIPEG, Manitoba--ICE Futures canola contracts held within a relatively narrow range during the week ended July 28, as traders wait to get a better handle on the size of the Canadian crop. "We're just waiting to see as we get into harvest what the crop size and crop yields look like," said Jamie Wilton, commodity futures specialist with RJ O'Brien in Winnipeg. General expectations are that the crop was down on the year, but the extent of the reduction remains to be seen.

  • LIVESTOCK HIGHLIGHTS: Top Stories of the Day

    McDonald's Sales Surpass Pre-Pandemic Levels-- 2nd Update. McDonald's Corp. said its sales are surpassing pre-pandemic levels across the world as more of its dining rooms reopen and U.S. customers try new chicken offerings. The burger giant reported sales of $5.9 billion for its quarter ending in June, up 57% from a year earlier when it was hit by Covid-19-related lockdowns.

  • ICE Grain/Oilseed Review: Canola Continues Lower in Thin Volume

    WINNIPEG--The ICE Futures canola market was weaker for the second session in a row on Wednesday, and thin volumes exaggerated the move as investors liquidated long positions. While hot and dry Prairie weather conditions remain a supportive influence, those drought concerns have been largely priced into the market already. Traders are thought to be waiting to get a better handle on the size of this year's crop.

  • ICE Canola Weakens in Thin Trade at Midday

    WINNIPEG, Manitoba--The ICE Futures canola market was weaker at midday Wednesday in thin and choppy activity. The market was holding range-bound overall, with traders waiting to get a better handle on the size of this year's crop. While hot and dry Prairie weather conditions remain a supportive influence, those drought concerns have been largely priced into the market already, according to a trader.

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