Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 11 (MarketsFarm) – ICE Futures canola contracts were steady at midday Thursday, in yet another day of light activity. A Winnipeg-based trader said he wasn’t sure why volumes have been light this week. He suggested one reason could be farmers have been spraying their crops. The absence of spec […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 11 (MarketsFarm) – The ICE Futures canola market was posting small losses Thursday morning, although activity was thin and choppy as participants position themselves ahead of the latest United States Department of Agriculture supply/demand and production estimates. The USDA data is set for release at 11:00 CDT, and should […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, July 10 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Wednesday, which saw the weather and the Canadian dollar weigh on values. Southern Manitoba received 65 to 140 millimeters of rain Tuesday into Wednesday morning. The Prairie weather forecast has called for rain over parts of Saskatchewan […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 10 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Wednesday, on another day of light activity. Rain struck much of southern Manitoba from Tuesday and through to Wednesday morning. The system dumped as much as 65 to 140 millimeters of precipitation across parts of the region. However, […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 10 (MarketsFarm) – The ICE Futures canola market was posting small gains in most months Wednesday morning, although activity was thin and choppy as traders looked for some fresh direction. The United States Department of Agriculture releases updated supply/demand data on Thursday, and pre-report positioning is expected in the […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, July 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Tuesday, in a light volume of activity. One trader commented there was nothing big going on, but spreaders were likely pushing up prices. An analyst said it was a crazy day of trading. Parts of Manitoba and […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 9 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Tuesday, in a light volume of trading. “It’s just some spreaders pushing canola a little bit,” said a Winnipeg-based trader, noting there’s nothing big going on in the market. He said the United States markets were “jittery and […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 9 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, seeing some follow-through buying interest after Monday’s recovery off of contract lows. Ideas that recent losses were overdone contributed to the gains, with chart-based buying a feature. Persistent weather concerns in parts of Western Canada were also […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 8 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, recovering from last week’s losses as speculators covered some of their large net-short positions. Gains in Chicago soybeans and soyoil provided some spillover support for canola, with a slightly weaker tone in the Canadian dollar also underpinning […] Read more

Reading Time: < 1 minute WINNIPEG – ICE Futures canola contracts were holding within fifty cents of unchanged in the most active months at midday Monday, lacking any clear direction as traders digested the latest North American weather news. “It’s pretty quiet here,” said a Winnipeg-based trader, adding that participants were just watching the weather and waiting for some fresh […] Read more