Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 19 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower Thursday, as a trader believes the movement late in the session was due to farmers selling off of their combines. However, there has remained little to influence bids very far either way. Moreso, since buyers have been able […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 19 (MarketsFarm) – ICE Futures canola contracts were steady at midday Thursday as the markets wait for the Prairie harvest to pick up the pace. While rain has been forecast for the Prairies in the coming days, it’s to be followed by a stretch of good weather that will […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Sept. 19 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, following trends set earlier in the week. Canola prices followed trends set by Malaysian palm oil, European rapeseed, and soybeans on the Chicago Board of Trade, all of which were lower. Last week, net sales of 1.728 […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed Wednesday, as there was little to influence bids either way to a great extent. The front months were slightly lower and there were gains for the deferred months. A weather premium has continued to be in place as […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – ICE Futures canola contracts were higher at midday Wednesday but still range-bound, according to a Winnipeg-based trader. “It’s gravitating towards the high end of the range,” he said. The trader suggested there could be some support from the Canadian dollar, which was at 75.38 U.S. cents, […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – The ICE Futures canola market was slightly weaker on Wednesday, following trends set during overnight trade. Canola prices followed trends set by soybeans on the Chicago Board of Trade, which were also lower. The USDA has reported soybean sales to China have totaled 720,000 tonnes in […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady Tuesday just as the Prairie harvest was picking up the pace. There were slight losses for the nearby contracts while the deferred contracts saw small increases. A trader said farmers have been selling off of the combine and […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday as the Prairie harvest has been picking up pace, said a Winnipeg-based trader. He noted there has been an increased amount of “selling off of the combine” and farmers still have a great deal of canola in […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – The ICE Futures canola market was slightly weaker on Tuesday, correcting downward after several consecutive days of higher prices. Canola prices followed trends set by soybeans on the Chicago Board of Trade, which were also lower. The latest soybean crop rating from the United States Department […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger Monday on support provided by short covering and Chicago soyoil. With the drone attack on Saudi Arabia’s largest oil facilities over the weekend, more than half of the country’s processing capacity was lost. That drove up benchmark crude […] Read more