By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The ICE Futures canola market was mostly weaker at midday Thursday, with the largest losses in the nearby July contract as investors bail out of the front month and attention turns to the new crop futures. Losses in Chicago Board of Trade soyoil accounted for some […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower on Thursday morning, with the largest declines in the July and November contracts. Weakness in Chicago soyoil, European rapeseed and Malaysian palm oil weighed on canola values. The Prairies are receiving precipitation with snow of up five centimeters […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 19 (MarketsFarm) – The ICE Futures canola market was weaker on Wednesday, as sharp declines in the Chicago Board of Trade soy complex encouraged some speculative profit-taking in the canola market. Forecasts calling for much needed rain across dry areas of Western Canada over the next few days were […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 19 (MarketsFarm) – The ICE Futures canola market was weaker at midday Wednesday, as sharp losses in the Chicago Board of Trade soy complex encouraged some speculative selling. Oversold price sentiment contributed to the decline, although the underlying fundamentals of tight supplies and solid demand remained supportive. Forecasts calling […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 19 (MarketsFarm) – There were sharp declines in Intercontinental Exchange (ICE) canola futures on Wednesday morning, as two weather systems are forecast to bring much needed rain to the Canadian Prairies. One system moving across central and northern Alberta dropped 15 to 45 millimeters and in one case, five […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 18 (MarketsFarm) – The ICE Futures canola market was mixed on Tuesday, with continued strength in the nearby July contract and a softer tone in the new crop months. The July contract hit its daily limit in early activity, leading to thin trade in the deferred months for the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 18 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, with the old crop July contract up its daily C$45 per tonne limit for the second session in a row. After dropping sharply for most of the previous week due to long liquidation, the July contract […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Tuesday morning, with the July contract reaching its daily limit of C$45 per tonne during the overnight session. The new crop months were mixed, with gains in the nearby positions. There was good spillover support from increases […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The ICE Futures canola market was mixed on Wednesday, with a limit-up move in the old crop July contract and losses in the new crop months. The July contract hit its daily limit in early activity, leading to thin trade in the deferred months for the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The ICE Futures canola market was mixed at midday Monday, with the old crop July contract up its daily C$45 per tonne limit and a steady tone in the more deferred new crop months. Tight old crop supplies remained a key driver in the front month, […] Read more