Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 30 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, taking some direction from Chicago Board of Trade soyoil as traders adjusted positions ahead of the long weekend. Markets will be closed Monday for Labour Day. Chart-based buying contributed to the gains, although the November contract ran […] Read more

Reading Time: < 1 minute WINNIPEG – ICE Futures canola contracts were stronger at midday Friday, correcting off of nearby lows and taking some direction from Chicago Board of Trade soybeans. Chart-based buying contributed to the gains, as the November contract neared the psychological C$450 per tonne level. Uncertainty over new crop production as the harvest moves forward across Western […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Aug. 30 (MarketsFarm) – The ICE Futures canola market was holding near unchanged ahead of the weekend, staying mostly locked in a consolidation pattern. Canola values followed price trends set by soybeans on the Chicago Board of Trade, as well as Malaysian palm oil and European rapeseed. While there has […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 29 (MarketsFarm) – The ICE Futures canola market settled with small losses on Thursday, after trading to both sides of unchanged in choppy activity. With little fresh news in the market, participants were content to keep prices steady until they get a better handle on the size of this […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Aug. 29 (MarketsFarm) – The ICE Futures canola market traded on either side of unchanged on Thursday morning, amid light trade volume following Statistics Canada’s crop production report on Wednesday. Canola values remained competitive against Malaysian palm oil and European rapeseed, which were lower at the start of trade. A […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 29 (MarketsFarm) – ICE Futures canola contracts were posting small gains in most months at midday Thursday, in thin and choppy activity. “We’re just marking time,” said a Winnipeg-based trader on the lacklustre trade. Gains in Chicago Board of Trade soybeans provided some underlying support, as unfavourable Midwestern weather […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 28 (MarketsFarm) – The ICE Futures canola market settled with small gains on Wednesday, after trading to both sides of unchanged in choppy activity as the market reacted to Statistics Canada’s first survey-based production estimate of the crop year. Statistics Canada pegged the 2019/20 canola crop at 18.45 million […] Read more

Reading Time: < 1 minute WINNIPEG– ICE Futures canola contracts were holding near unchanged at midday Wednesday, lacking any clear direction as traders digested Statistics Canada’s first production estimates of the year. The government agency pegged this year’s canola crop at 18.45 million tonnes, which would be down by nearly two million tonnes from the previous year and at the […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Aug. 28 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday morning, following the crop production report released by Statistics Canada. The report confirmed that about 18.5 million tonnes of canola will be produced in 2019, down nearly 10 per cent from the previous year. Farmers are expected […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 27 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, breaking below nearby chart support. Seasonal harvest pressure and losses in Chicago soybeans contributed to the declines. A move below C$448 per tonne in the November contract was bearish from a chart standpoint, which encouraged some additional […] Read more