Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Nov. 13 (MarketsFarm) – ICE Futures canola contracts were slightly lower at Wednesday’s close, after trading within a narrow range throughout the session. Losses in Chicago Board of Trade soyoil accounted for much of the spillover selling pressure in canola, according to traders. Ample supplies in the commercial pipeline and […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 13 (MarketsFarm) – ICE Futures canola contracts were posting small losses at midday Wednesday, taking some direction from Chicago Board of Trade soyoil. Ample supplies in the commercial pipeline and declining crush margins added to the softer tone, with end users seeing little need to bid up the current […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Nov. 13 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower Wednesday morning, following the lead of the Chicago soy complex. Temperatures across the Prairies will improve to a few degrees either side of freezing for the remainder of this week. Other than some flurries in eastern Manitoba, the […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Nov. 12 (MarketsFarm) – ICE Futures canola contracts were slightly weaker at Tuesday’s close, after trading to both sides of unchanged in choppy activity. Losses in Chicago Board of Trade soyoil and a firm tone in the Canadian dollar caused crush margins to fall, which kept domestic processors on the […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – ICE Futures canola contracts were posting small gains Tuesday morning, although activity was thin and choppy with little supportive news to drive the move higher. “Canola is doing its own thing,” said a Winnipeg-based trader. He linked the gains to short-covering by small speculators and a […] Read more

Reading Time: < 1 minute WINNIPEG, Nov. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Violence in Hong Kong escalated over the past few days, with police shooting live rounds and hitting at least one activist. Anti-government protestors also retaliated by setting a pro-Beijing supporter on fire, according to reports. […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady Tuesday morning, after trading resumes following Remembrance Day. Canola was getting support from stronger palm oil and European rapeseed prices. However, the Prairie harvest has wrapped up in several regions or was very close to being finished, which […] Read more

Reading Time: 2 minutes WINNIPEG, Nov. 8 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished stronger on Friday, bouncing back from previous lows following the World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). The WASDE reported projected ending stocks— including Malaysian palm oil, European rapeseed, and canola—to be the lowest level in […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Nov. 7 (MarketsFarm) – The ICE Futures canola market was steady to stronger on Friday morning, ahead of the World Agriculture Supply Demand Estimate (WASDE) from the United States Department of Agriculture (USDA) which will be released at 11 a.m. CST. Trade expectations are split in regards to the WASDE’s […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 8 (MarketsFarm) – The ICE Futures canola market was holding near unchanged Friday morning, in thin and choppy as participants await the latest United States of Department Agriculture production and supply/demand reports out later in the day. The USDA releases its monthly reports at 11:00 CST, with any surprises […] Read more