Futures

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, as ongoing concerns over the size of this year’s Canadian crop kept prices well supported. Gains in Chicago Board of Trade soybeans and a softer tone in the Canadian dollar were also supportive. However, soyoil was holding […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 5 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday, hitting its highest levels of the past week. Drought concerns across Western Canada remained supportive, with the size of the crop likely well below earlier expectations. However, actual yields remain to be seen and market participants are […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 5 (MarketsFarm) – The ICE Futures canola market was stronger at midday Thursday, although activity was thin and choppy. The hot and dry weather through the growing season has cut into the size of this year’s canola crop, keeping prices well supported. However, actual yields remain to be seen […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 5 (MarketsFarm) – The ICE Futures canola market was stronger Thursday morning, as ongoing concerns over declining Canadian crop prospects provided support. Persistent hot and dry weather conditions have decimated yields in many areas, with the need to ration demand keeping canola well supported. Gains in the Chicago Board […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 4 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, after trading within a wide range in choppy activity. Ongoing concerns over hot and dry Prairie weather cutting into the size of the Canadian crop remained supportive, as industry participants lower their yield expectations. The nearby forecasts […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 4 (MarketsFarm) – The ICE Futures canola market was holding onto small gains at midday Wednesday, retreating from earlier highs as a downturn in the Chicago soy complex weighed on values. The most-active November contract had rallied by nearly C$30 per tonne in early activity, but ran into resistance […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 4 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, seeing some follow-through buying interest after Tuesday’s late move higher. Tuesday’s recovery was constructive from a chart standpoint, signaling that a nearby low may be in for the time being. Ongoing concerns over hot and dry Prairie […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 3 (MarketsFarm) – The ICE Futures canola market was mostly higher at Tuesday’s close, recovering from earlier losses amid ongoing concerns over drought conditions across Western Canada. Declines in the Chicago Board of Trade soy complex put some early pressure on the Canadian oilseed, with speculators taking profits on […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 3 (MarketsFarm) – The ICE Futures canola market was weaker at midday Tuesday, as losses in the Chicago Board of Trade soy complex spilled over to weigh on values. Speculators were noted sellers in the canola market, taking profits on their long positions. However, hot and dry Prairie weather […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 3 (MarketsFarm) – The ICE Futures canola market was weaker Tuesday morning seeing a continuation of last week’s selloff. While hot and dry Prairie weather conditions remained supportive, bearish technical signals kept speculators on the sell side in canola. Losses in the Chicago Board of Trade soy complex contributed […] Read more