Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 23 (MarketsFarm) – ICE Futures canola contracts managed to settle with small gains on Wednesday after posting losses for most of the session. While improving harvest progress and increased supplies in the commercial pipeline put some pressure on values, the size and quality of this year’s canola crop remains […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Wednesday, as bearish chart signals weighed on prices. Losses in Chicago Board of Trade soyoil and a steady tone in the Canadian dollar contributed to the declines, with improving harvest progress in parts of Western Canada also weighing […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were trading lower Wednesday morning, due to downward pressure from the Chicago soy complex. Traders at the Chicago Board of Trade have been waiting for confirmation on a sale of 2 million tonnes of United States soybeans to China, said […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 22 (MarketsFarm) – ICE Futures canola contracts were stronger on Tuesday, taking back some of their recent declines. Gains in Chicago Board of Trade soyoil and a steady tone in the Canadian dollar helped underpin crush margins, with domestic processors behind some of the buying interest. Ongoing weather concerns […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) – ICE Futures canola contracts were posting small gains at midday Tuesday, with a rally in Chicago Board of Trade soyoil behind some of the spillover strength. Soyoil was up nearly half-a-cent per pound, while the Canadian dollar was holding steady, which was supportive for crush margins. […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were trading higher Tuesday morning, getting spillover from the Chicago soy complex. There has been strong speculation that China will purchase 10 million tonnes of United States soybeans tariff-free. Also, there have been indications China may purchase large quantities of […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 21 (MarketsFarm) – ICE Futures canola contracts were weaker on Monday, as a firmer tone in the Canadian dollar and speculative selling pressure weighed on values. Seasonal harvest pressure also weighed on prices, as heavy farmer deliveries are filling up the commercial pipeline despite the ongoing delays in many […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Monday, seeing a continuation of last week’s selloff. “It’s just more of the same,” said a trader adding that speculators holding short positions were “leaning on the canola” in an effort to boost their profits. Updated supply/demand estimates […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were trading lower Monday morning as the Canadian dollar continued to gain strength. After closing Friday at 76.15 U.S. cents, the loonie gained more than a tenth of a cent at 76.26. With drier conditions, Prairie farmers made some progress […] Read more

Reading Time: 2 minutes WINNIPEG, Oct. 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Friday, remaining pressured by harvest progress and a spate of commercial canola deliveries. According to data from the Canadian Grain Commission, canola deliveries hit record-highs last week. Over 719,000 tonnes of canola were delivered across the Prairies. With blue skies in […] Read more