Insights and Stories on Currency

Apr. 15, 2020 at 3:14 pm CDT

MarketsFarm — Losses in crude oil and ethanol have weighed heavily on grain and oilseed markets, with Chicago Board of Trade corn falling to fresh contract lows Wednesday. General uncertainty over COVID-19 is expected to keep a bearish tone in the market. “The big thing has been the overall slowdown […]

By Phil Franz-Warkentin

Apr. 9, 2020 at 8:22 pm CDT

Chicago | Reuters — Chicago soybean and wheat futures on Thursday posted their biggest gains in two weeks, as a falling U.S. dollar made exports more attractive against South American and Black Sea grain producers. Corn futures climbed early on strong U.S. export sales and an early jump in crude […]

By Christopher Walljasper

Mar. 18, 2020 at 4:07 pm CDT

MarketsFarm — A sharp drop in the Canadian dollar helped lessen the blow of the COVID-19 pandemic on the ICE Futures canola market. However, volatility and uncertainty are expected to remain the feature in the upcoming weeks. Any strength in canola “is 100 per cent the Canadian dollar and nothing […]

By Phil Franz-Warkentin

Dec. 20, 2019 at 7:46 pm CST

Sao Paulo | Reuters — Brazilian President Jair Bolsonaro said on Friday that U.S. President Donald Trump told him in a phone conversation that his administration will not levy new tariffs on Brazilian steel and aluminum as threatened earlier this month. “I had a phone conversation a few moments ago […]

By Reuters

Dec. 9, 2019 at 8:20 am CST

Hanoi | Reuters — Vietnam is considering cutting tariffs on several U.S. products, the ministry of finance said in a statement on Monday, after U.S. Commerce Secretary Wilbur Ross urged Vietnam to reduce its trade surplus during a visit to Hanoi last month. Tariffs on chicken and processed chicken meat, […]

By Reuters