Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Tuesday, despite losses on the Chicago Board of Trade. The Chicago markets have been trying to recover from large losses on Monday, caused by China’s devaluation of its yuan. The move was to undermine the United States dollar, […] Read more
ICE canola midday: Bids making gains in light volumes
ICE canola unchanged Monday
Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, August 6 (MarketsFarm) – The ICE Futures canola market was mostly unchanged on Monday morning, recovering after blows to the market over the long weekend. In the latest move in the trade war between the United States and China, the U.S. government determined China has manipulated the yuan in order […] Read more
Reading Time: 2 minutes North American Grain/Oilseed Review: Canola bids up ahead of long weekend By Glen Hallick, MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Friday, as prices bounced from Thursday’s sharp losses. Also, with the long weekend, traders pushed up bids today as the next session won’t start until Monday […] Read more
ICE canola midday: Prices bounces back, but trouble looming
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – ICE Futures canola contracts were higher at midday Friday, as they bounce back from yesterday’s declines, according to a Winnipeg-based trader. As well with the long weekend, he said prices will be up as traders, especially “the little guy”, won’t be able to resume trading until […] Read more
ICE canola stronger Friday
Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, August 2 (MarketsFarm) – The ICE Futures canola market was stronger on Friday morning, correcting higher after a week of lows. The Canadian dollar dipped to 75.39 U.S. cents on Thursday morning, which supported values. Experts expect the Canadian canola crop to be around 19 million tonnes, with yields around […] Read more
North American Grain/Oilseed Review: Canola falls with soy complex
Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Aug. 1 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Thursday, due to pressure from the soy complex in Chicago. In turn, the soy complex was down as the interest rate cut by the United States Federal Reserve provided support for the U.S. dollar, hurting the country’s […] Read more
ICE canola midday: Bids mixed on increasing volumes
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Aug. 1 (MarketsFarm) – ICE Futures canola contracts were trading either side of steady at midday Thursday, getting support from a lower Canadian dollar and from Chicago soyoil, said a Winnipeg-based analyst. The loonie fell under 76 U.S. cents to 75.69, which has made canola more attractive for exports. Soyoil […] Read more
ICE canola steady Thursday
Reading Time: < 1 minute ICE canola steady Thursday By Marlo Glass, MarketsFarm WINNIPEG, August 1 (MarketsFarm) – The ICE Futures canola market was mostly unchanged on Thursday morning, following quiet activity in overnight trading. The Canadian dollar dipped to 75.57 U.S. cents on Thursday morning, which supported values. The Federal Reserve cut its key interest rate by 25 basis […] Read more
North American Grain/Oilseed Review: Soy complex pushes canola downward
Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, July 31 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Wednesday, as the Chicago soy complex weighed on values. The soy complex fell today largely on a negative impact from United States/China trade talks. Although both sides commented talks ended on a positive note, with an agreement […] Read more
ICE canola midday: Prices down, but range-bound
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 31 (MarketsFarm) – ICE Futures canola contracts were lower at midday Wednesday, as bids remained range-bound said a Winnipeg-based trader. “Three dollars isn’t really that much of a move on canola. It could drop another five and still be within range,” the trader said this morning when the November […] Read more