Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 3 (MarketsFarm) – The ICE Futures canola market moved lower in most months on Wednesday. A stronger tone in the Canadian dollar and improving crop prospects in parts of Western Canada contributed to the declines. However, gains in the Chicago Board of Trade soy complex helped temper the losses. […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 3 (MarketsFarm) – ICE Futures canola contracts were slightly weaker at midday Wednesday, retreating from earlier gains as the market consolidated right above major chart support. A stronger tone in the Canadian dollar and improving crop prospects in parts of Western Canada contributed to the declines in canola, according […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 3 (MarketsFarm) – ICE Futures canola contracts were posting small gains Wednesday morning, seeing a modest correction after Tuesday’s declines. Strength in Chicago Board of Trade soybeans provided some spillover support for canola, as traders in the United States were squaring positions ahead of the Fourth of July holiday. […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 2 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, as chart-based selling and spillover from the losses in Chicago Board of Trade soybeans weighed on values. Soybeans were down on Monday, when the canola market was closed for Canada Day, and remained pointed lower today. Speculators […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 2 (MarketsFarm) – The ICE Futures canola market was weaker Tuesday morning, testing nearby support as losses in Chicago Board of Trade soybeans weighed on values. The most-active November contract briefly traded below the psychological C$450 per tonne level, which encouraged more speculative selling, according to a broker. Scattered […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 2 (MarketsFarm) – ICE Futures canola contracts were weaker Tuesday morning, taking some direction from the Chicago Board of Trade soy complex. Soybeans settled lower on Monday, when the canola market was closed for Canada Day, and remained pointed lower on Tuesday. Improving moisture conditions in parts of Western […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm Winnipeg, June 28 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, as a rally in Chicago Board of Trade soybeans provided support. Updated acreage estimates from the United States Department of Agriculture came in well below expectations for soybeans, pegging this year’s U.S. crop at only 80 million […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 28 (MarketsFarm) – The ICE Futures canola market held near unchanged in the most active months in light trade at midday Friday, as participants await the latest acreage estimates from the United States Department of Agriculture. The USDA acreage and stocks reports will be released at 11:00 CDT and […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, June 28 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were mostly steady Friday morning, in small volumes of activity. With the G20 Summit underway in Japan this morning, Canada’s Foreign Affairs Minister Chrystia Freeland commented Canadian officials have been working behind the scenes with Chinese officials on issues between […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, June 27 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mostly lower on Thursday, in the new crop months. The rise in the Canadian dollar this week spurred a sell-off of canola, according to a Winnipeg-based trader. However, the markets have largely stabilized and have been looking for direction. […] Read more