Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The ICE Futures canola market was posting small gains Wednesday morning amid persistent weather concerns across the Prairies. Harvest operations continue to run well behind normal, with forecasts calling for frost and even snow in some areas over the next week. A weaker tone in the […] Read more
ICE canola steady Wednesday morning
North American Grain/Oilseed Review
Reading Time: 2 minutes WINNIPEG, Sept. 24 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly stronger on Tuesday, as delayed harvest activity provided support to the market. Cold, rainy weather, with the potential for snow in some areas of the Prairies, has significantly delayed harvest progress. Approximately one third of the canola crop is currently harvested. Soybeans […] Read more
Canola prices stable midday Tuesday
Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The ICE Futures canola market was slightly higher at midday Tuesday, with delayed harvest activity and weather woes providing support to the market. “Harvest is struggling, and will continue to struggle,” remarked one Winnipeg-based trader. Forecasts across the Prairies are calling for rainy, cool weather, with […] Read more
ICE canola posts small gains Tuesday morning
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The ICE Futures canola market was holding onto small gains Tuesday morning in thin and choppy activity. Early advances in Chicago Board of Trade soybeans provided spillover support, while adverse Canadian harvest conditions also underpinned the futures. Cool and wet conditions continue to cause delays across […] Read more
North American Grain/Oilseed Review
Reading Time: 2 minutes WINNIPEG, Sept. 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly stronger on Monday, thanks to spillover support from soybeans on the Chicago Board of Trade. However, canola values are expected to remain largely range-bound, with nothing signaling a big move in markets. On Monday, 18,876 contracts were traded, which compares with Friday […] Read more
Canola prices receive a boost on Monday
Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The ICE Futures canola market was higher at midday Monday, gleaning spillover support from soybeans on the Chicago Board of Trade. “Earlier in the day, canola was following U.S. markets pretty precisely,” remarked one Winnipeg-based trader. However, the rally is likely to be short-lived, as soybean […] Read more
ICE canola stronger early Monday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, as gains in the Chicago Board of Trade soy complex provided support. Soybeans dropped sharply on Friday after a Chinese trade delegation cancelled plans to visit some United States farms. However, there was renewed optimism over trade […] Read more
North American Grain and Oilseed Review: Canola drops with weak soy complex
Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker Friday, due to downward pressure from the Chicago soy complex. The complex dropped as United States President Donald Trump said China must do more than buy more U.S. farm goods to get a trade deal. He also stated […] Read more
ICE canola midday: Lacking support bids moving down
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Friday as expected gains in United States soybeans didn’t materialize, according to a Winnipeg-based trader. Trade talks between U.S. and China deputy negotiators haven’t spurred the Chicago soy complex. That’s despite the bulk of the discussions today focused […] Read more
ICE canola weaker Friday
Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – The ICE Futures canola market was weaker on Friday morning, following pricing trends set earlier in the week. Canola prices followed trends set by Malaysian palm oi and soybeans on the Chicago Board of Trade, both of which were lower this morning. Low-level trade negotiations will […] Read more