Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, as seasonal harvest pressure and losses in Chicago Board of Trade soybeans weighed on values. Anecdotal yield reports are generally looking a bit better than early expectations, according to a broker. He added that the ongoing trade […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday morning, following pricing trends set by soybeans on the Chicago Board of Trade. Soybean prices were pressured by improved crop conditions. Development remains two to four weeks behind schedule. The Canadian dollar rallied to about 75.5 cents […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 26 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, retreating from earlier gains in choppy activity. Strength in the Canadian dollar and a steady tone in Chicago Board of Trade soyoil accounted for some of the selling pressure, as crush margins softened. Chart-based speculative selling contributed […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Monday, seeing a modest correction after Friday’s drop. “We had a big jerk one way on Friday and then we jerked back the other way today,” said a trader adding that the market has now “fallen asleep.” Canola […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The ICE Futures canola market was stronger on Monday morning, riding the coattails of overnight trading activity. Canola prices received spillover support from other oilseeds, as Malaysian palm oil and European rapeseed are stronger today, as are soybeans on the Chicago Board of Trade. Later-than-usual crop […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, August 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Friday, as prices were caught up in the spillover from the falling Chicago soy complex. That was due to the United States/China trade war having heated up earlier today, when the latter announced it will slap tariffs […] Read more

Reading Time: < 1 minute ICE canola midday: Trade war to spill over into canola By Glen Hallick, MarketsFarm WINNIPEG, August 23 (MarketsFarm) – ICE Futures canola contracts were dropping at midday Friday on news that the United States/China trade war was heating up. “It’s a negative drag for sure,” stated a Winnipeg-based trader, but noted canola continued to be […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – The ICE Futures canola market was mixed on Friday morning, remaining range-bound. Canola prices were muted due to the elusive trade deal with China. Continued protests in Hong Kong have the potential to disrupt or hinder the country’s economy, which could have far-reaching global implications. Soybeans […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, August 22 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Thursday, as bids continue to be range-bound. That situation is very unlikely to change anytime soon, said a trader, adding two reports could provide the impetus to push canola prices up or down to a […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, August 22 (MarketsFarm) – ICE Futures canola contracts were trading either side of steady at midday Thursday as bids remain range-bound, said a Winnipeg-based trader. “The range has been quite tight for a while, but it seems to be getting tighter and tighter as time goes on,” he commented. The […] Read more