Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Oct. 10 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts dropped on Thursday, likely due to short covering. Bids remained steady until about an hour after the release of the United States Department of Agriculture’s October supply and demand report. With the report, Chicago soybeans finished steady to lower, with […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 10 (MarketsFarm) – ICE Futures canola contracts were either side of steady at midday Thursday as the effect of today’s supply and demand report from the United States Department of Agriculture had yet to play into the markets, according to a Winnipeg-based trader. He noted that canola and wheat […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Oct. 10 (MarketsFarm) – The ICE Futures canola market was narrowly mixed on Thursday morning, amidst quiet trading as markets wait for the World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). Snow has moved across the Prairies, stalling harvest activity and leaving a large […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Oct. 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower Wednesday, for the first loss after seven consecutive trading sessions of gains. One analyst stated there was likely profit-taking today, ahead of the October supply and demand report to be released tomorrow by the United States Department of […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 9 (MarketsFarm) – ICE Futures canola contracts were lower at midday Wednesday after pushing upward earlier in today’s session. “We broke through overhead resistance in that C$450-C$455 on November. We been up seven straight days, so some correction would not be out of the ordinary,” commented a Winnipeg-based analyst. […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 9 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, as Prairie weather concerns remained supportive. Cool and wet conditions across Western Canada, including snow in many areas, was once again causing harvest delays and raising concerns about the state of the crops still in the field. […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Oct. 8 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger Tuesday, as canola continued to demonstrated some independent strength. Along with gains in the Chicago soy complex, canola bids received support from the Prairie weather forecast. Today Alberta and Saskatchewan were hit with below zero Celsius temperatures along […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 8 (MarketsFarm) – ICE Futures canola contracts were higher at midday Tuesday, exhibiting a little bit of independent strength while benefitting from firmness in the Chicago soy complex, according to a Winnipeg-based trader. He estimated canola bids were showing about C$2 to C$4 per tonne in independent strength, which […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Oct. 8 (MarketsFarm) – The ICE Futures canola market was narrowly mixed on Tuesday morning, in choppy trade activity. Values were boosted by inclement weather moving across the Prairies. Snow and freezing temperatures are expected to move throughout the Canadian Prairies for the rest of the week. Soybeans and soy […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher Monday, as canola continued to show some recent independence. Also, the markets have become nervous with this week’s weather forecast of snow and rain with freezing temperatures, according to a trader. The system is to begin in southern […] Read more