Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to lower on Tuesday, regaining most of the strength it lost earlier in the session. A trader explained that speculators have been behind the recent losses in canola, pushing bids down despite support from Chicago soyoil. Also, he […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday with speculators pushing down prices, according to a Winnipeg-based trader. The trader said the commercial buyers have been, “quite happy to see the speculators push it down.” However, “as long as bean oil stays up, canola won’t […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The ICE Futures canola market was steady to lower on Tuesday morning, pressured a strong Canadian dollar and a weaker tone from the soy complex on the Chicago Board of Trade. The Canadian dollar has remained over 76 U.S. cents for the past two weeks, making […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday, as increased amounts of canola have entered the commercial pipeline. Approximately 1.3 million tonnes of canola have entered the commercial pipeline during the last two weeks, according to Canadian Grain Commission data. As the fall harvest […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Monday as the market wants to grind lower for the moment, according to a Winnipeg-based trader. Lower Chicago soyoil bids and a steady Canadian dollar, at 76.56 U.S. cents, weighed on values, he noted. Also, the trader pointed […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The ICE Futures canola market was higher on Monday morning, as winter weather across the Canadian Prairies provided support. Canola was also supported by a stronger tone for Malaysian palm oil and European rapeseed, as well as the soy complex on the Chicago Board of Trade. […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 25 (MarketsFarm) – ICE Futures canola contracts were slightly weaker at Friday’s close, backing away from earlier gains as losses in the Chicago Board of Trade soy complex weighed on values. Steady farmer deliveries and increasing harvest pressure added to the softer tone, as the latest provincial crop reports […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 25 (MarketsFarm) – ICE Futures canola contracts were narrowly mixed at midday Friday, seeing some consolidation as traders adjusted positions ahead of the weekend. The Chicago Board of Trade soy complex provided little direction for the canola market, with soybeans holding within a penny of unchanged and soyoil down […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 25 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker Friday morning as the Chicago soy complex was trading lower. Traders overestimated United States soybean exports for the week ended Oct. 17, which fell by more than 70 per cent from the previous week. Temperatures in the western […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 24 (MarketsFarm) – ICE Futures canola contracts were stronger on Thursday, as rallies in global vegetable oil markets provided support. Malaysian palm oil futures climbed to their highest levels in 16 months overnight on the back of solid export demand, with Chicago Board of Trade soyoil hitting fresh eight-month […] Read more