Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – The ICE Futures canola market was slightly higher on Tuesday morning, remaining in a consolidation pattern on the price charts. Canadian canola received support from Australia’s canola crop. The Australian Oilseed Federation has revised the Australian canola crop for 2019 at 1.9 million tonnes, down from […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished steady to higher on Monday, as support from Chicago soyoil edged out a stronger Canadian dollar. The Canadian dollar was slightly higher mid-afternoon Monday at 75.69 U.S. cents, after closing Friday at 75.58. Meanwhile soyoil at the Chicago Board […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – ICE Futures canola contracts were higher at midday Friday while staying range bound, according to a Winnipeg-based trader. “The positive vibes continue to come from the soybean oil side,” said the trader, noting canola volumes have picked up as the session progresses. Soyoil at the Chicago […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – The ICE Futures canola market was slightly higher on Monday morning, amid light trading activity. Prices have remained locked in a consolidation pattern due to a lack of aggressive selling. Canola values were supported by a firm tone from soybeans on the Chicago Board of Trade. […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Nov. 15 (MarketsFarm) – The ICE Futures canola market continued to lack any clear direction on Friday, holding within a narrow sideways trading pattern to end narrowly mixed. Losses in Chicago soyoil cut into crush margins, which put some pressure on values. However, margins remained near their best levels of […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – ICE Futures canola contracts were trading within 50 cents of unchanged at midday Friday, as the market remained stuck in a narrow trading range. Losses in Chicago Board of Trade soyoil and a firmer tone in the Canadian dollar cut into crush margins, which put some […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were trading on either side of steady Friday morning. Canola was said to be testing support on the price charts and weighing on values. If it is penetrated, the selling could build on itself, according to a report. Also weighing […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Nov. 14 (MarketsFarm) – ICE Futures canola contracts settled near unchanged on Thursday, lacking any clear direction throughout the session. Gains in Chicago Board of Trade soyoil and a slowdown in farmer selling pressure provided some underlying support. Idea that canola was looking cheap compared to other oilseeds also underpinned […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 14 (MarketsFarm) – ICE Futures canola contracts were holding near unchanged at midday Thursday, lacking any clear direction in thin and choppy activity. “The market woke up this morning and just couldn’t find anything to talk about,” said a Winnipeg-based trader on the light volumes. He noted that canola […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Nov. 14 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday morning. Canola prices were hampered by a lower tone for soybeans on the Chicago Board of Trade. Harvest activity also weighed on values. Canola in Manitoba is 94 per cent harvested. Alberta and Saskatchewan are also nearly […] Read more