Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished weaker on Wednesday, due to a stronger Canadian dollar and declines in the Chicago soy complex. By mid-afternoon, the loonie rose to 75.92 U.S. cents compared to Tuesday’s close of 75.57. There were losses across the board today in […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – ICE Futures canola contracts were lower at midday Wednesday, following declines in the Chicago soy complex and a small increase in the Canadian dollar, according to a Winnipeg-based analyst. Nevertheless, canola has continued to remain range-bound with bids shifting towards the low end, he commented. The […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The ICE Futures canola market was slightly lower on Wednesday morning, taking pricing cues from Malaysian palm oil and soybeans on the Chicago Board of Trade. The World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA) left U.S. soybean carryout at […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished either side of steady on Tuesday, getting little support from the Chicago soy complex. At mid-afternoon the Canadian dollar was firm at 75.56 U.S. cents, but continued to weigh on values. Reports stated that the two Canadians who have […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – ICE Futures canola contracts were steady at midday Tuesday, despite several international events affecting the markets, said a Winnipeg-based trader. Reports stated Michael Kovrig and Michael Spavor are heading to trial in China on espionage-related charges. The Canadians have been detained by China for a year. […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The ICE Futures canola market was on either side of unchanged on Tuesday morning, despite supportive indications from Malaysian palm oil and soybeans on the Chicago Board of Trade. Malaysian palm oil stocks hit three-month lows in November due to seasonal production declines, according to Reuters. […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly higher on Monday, getting support from the Chicago soy complex. For much of the session gains had been much stronger before tapering off. A trader said Statistics Canada’s crop production report released on Friday had little, if any, […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Monday, getting good spillover support from the Chicago soy complex, according to a Winnipeg-based trader. Soyoil at the Chicago Board of Trade was up by more than half of a United States cent, which was “dragging canola up […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – The ICE Futures canola market started the week higher on Monday, following trends set late last week. Statistics Canada’s principal field crop production report supported canola values. The report estimated the total canola production for 2019 to be 18.649 million tonnes, which was lower than trade […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Dec. 6 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, as the market reacted to the latest production estimate from Statistics Canada. The government agency pegged Canada’s 2019 canola crop at 18.65 million tonnes. That came in well below average trade expectations and would represent an 8.3 […] Read more