By MarketsFarm WINNIPEG, June 15 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning, with sharp losses in copper said to be behind some of the weakness in the currency. Positioning ahead of the latest interest rate policy announcement from the United States Federal Reserve on Wednesday was another feature in the financial markets. At […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Tuesday morning, due to the Prairie weather. Above normal temperatures are expected across much of the region today with cooler weather to follow in the coming days. As the week progresses, any rain for the Prairies will be […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 14 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, dropping in sympathy with the Chicago Board of Trade soy complex as North American weather forecasts turn more moderate. Chart-based selling contributed to the declines, with some stops likely hit on the way down. Recent rains in […] Read more

WINNIPEG – The ICE Futures canola market was sharply weaker in both old and new crop contracts at midday Monday in support of losses in the Chicago Board of Trade soy complex. Soybean contracts were losing at least 33 cents per bushel as forecast rains in soybean-growing regions of the United States and recent rains […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were in steep decline on Monday morning, being pulled down by weakness in the Chicago soy complex. In particular, sharp losses in soyoil, which have come close to their daily limit. The eight to 14-day weather forecast in the United States […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 11 (MarketsFarm) – New crop canola contracts tumbled on the Intercontinental Exchange (ICE) on Friday, following more Prairie rainfall overnight and earlier today. Although the declines took a good chunk out of the weather premium, a trader said some of the premium still remains. Steep losses in Chicago soybeans […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 11 (MarketsFarm) – New crop canola futures on the Intercontinental Exchange (ICE) were taking a hit at midday Friday, after rain fell on parts of the Prairies, but that wasn’t the only factor. Meanwhile, the liquidation of the July contract contributed to its losses. A Winnipeg-based trader said sharp […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 11 (MarketsFarm) – The ICE Futures canola market was weaker Friday morning, falling in sympathy with the Chicago Board of Trade soy complex. Improving moisture conditions in the dry eastern Canadian Prairies contributed to the decline in canola, as traders took some of the weather premium out of the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures settle most highly on Thursday, with only the November contract posting a small loss at the close as prices recovered from earlier declines. The eastern Prairies received rain yesterday, especially a strip through southern Manitoba that brought two to three inches. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower at midday Thursday, due to the very timely rains received in the eastern Prairies. There were some gains for the much more deferred, less traded positions. A Winnipeg-based trader noted the amounts of rain varied, with a path […] Read more