Reading Time: 2 minutes Improving conditions weigh on corn and beans By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 16 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, but managed to settle above major support. Improving North American crop conditions accounted for much of the selling pressure, with losses in Chicago Board of Trade soybeans and bearish technical […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 16 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, nearing major chart support as losses in the Chicago Board of Trade soy complex weighed on values. Slight improvements in United States soybean and corn condition ratings likely accounted for some of the selling pressure in canola […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, July 16 (MarketsFarm) – The ICE Futures canola market was lower Tuesday morning, continuing to observe light trade volumes. Some experts are expecting the market to bounce back higher in days to come, reflecting on traders’ reluctance to break prices out of consolidation patterns. There is still considerable uncertainty regarding […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 15 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, as improving weather conditions and losses in Chicago Board of Trade soybeans weighed on prices. Bearish chart signals contributed to the declines, as fund traders added to their large net short positions. Recent rainfall across dry areas […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 15 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Monday, taking some direction from Chicago Board of Trade soybeans in thin and choppy activity. “It’s just quietly lower,” said a Winnipeg-based trader adding that “everybody’s focused on the weather.” Forecasts out of the United States were shifting, […] Read more

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, July 15 (MarketsFarm) – The ICE Futures canola market was lower Monday morning, amid quiet volumes and choppy activity. The market was thought to be in a consolidation pattern, as traders haven’t been trading aggressively due to uncertainty regarding growing conditions across North America. While rains have improved crop conditions […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, July 12 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Friday, due to spillover from a sharp jump in Chicago soybean prices. Despite improving soil moisture levels across the Prairies, there remain some areas with dry conditions, which also provided support for canola bids. While the United […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 12 (MarketsFarm) – ICE Futures canola contracts were trading either side of steady at midday Friday, as light volumes have continued to be a major feature. Besides less activity, as often been the case as the July contract is about to come off the board and the crop year […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Friday morning in thin and choppy activity. The market was thought to be seeing some consolidation, as traders adjusted positions ahead of the weekend. While improving crop conditions in parts of the Prairies put pressure on values, enough […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, July 11 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Thursday, in a light volume of trading. A Winnipeg-based trader commented he isn’t entirely sure why there has been less activity this week, with spec traders largely absent. One reason he offered was the uncertainty from the […] Read more