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

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – ICE Futures canola contracts were steady to higher at midday Monday as canola has continued to show some independence since Friday, said a Winnipeg-based trader. “Maybe four dollars’ worth in the last two days combined,” he stated, adding the gains had more to do with firm […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The ICE Futures canola market was higher on Monday morning, following pricing trends set by Malaysian palm oil, European rapeseed, and soybeans on the Chicago Board of Trade. Harvest activity across the Canadian Prairies remains delayed by wet weather, though conditions are improving. However, forecasts of […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 4 (MarketsFarm) –ICE Futures canola contracts were stronger on Friday, seeing a continuation of the past week’s rally as Prairie weather concerns remained supportive. Spillover from advances in Chicago Board of Trade soybeans added to the firmer tone. Harvest operations remain well behind normal across Western Canada, with the […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Friday, posting gains for the fifth-straight session as ongoing Prairie weather concerns were supportive. Harvest operations remain well behind normal in Saskatchewan and Alberta, with the slow pace limiting farmer selling and encouraging speculative short-covering. Bullish chart signals […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger Friday morning, getting support from short covering and the delayed harvest. The Prairie harvest has remained well behind pace due to cold, wet conditions. However, improved weather across most of the region will see farmers continue their combining. […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 3 (MarketsFarm) – ICE Futures canola contracts moved up for the fourth-straight session on Tuesday, breaking above major chart resistance as persistent Prairie weather concerns kept farmer selling on the sidelines and encouraged speculative short-covering. A rally in Chicago Board of Trade soyoil was also supportive, although soybeans settled […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, breaking above major chart resistance as gains in Chicago Board of Trade soyoil and persistent Prairie weather concerns encouraged speculative short-covering. “The market has a definite upward bias,” said a Winnipeg-based trader adding “based on the weather […] Read more