By Glen Hallick, MarketsFarm WINNIPEG, Sept. 8 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger at midday Tuesday, largely due to support from a weaker Canadian dollar and gains in Chicago soyoil, according to a Winnipeg-based trader. Following the Labour Day long weekend, the Canadian dollar was lower at 75.89 U.S. cents, compared […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 8 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, hitting fresh two-year highs as overnight frost in parts of the Prairies provided support. Temperatures dipped below the freezing mark across much of Saskatchewan overnight, with parts of Manitoba and Alberta also dealing with lighter frosts. A […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 4 (MarketsFarm) – The ICE Futures canola market was steady to lower on Friday, as traders squared positions ahead of the Labour Day long weekend. Losses in Chicago Board of Trade soyoil, a firmer tone in the Canadian dollar, and seasonal harvest pressure all weighed on values. Speculative profit-taking […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 4 (MarketsFarm) – The ICE Futures canola market was lower at midday Friday, retreating from earlier gains as traders squared positions ahead of the Labour Day long weekend. Losses in Chicago Board of Trade soyoil, a firmer tone in the Canadian dollar, and seasonal harvest pressure all contributed to […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 4 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were mostly stronger on Friday morning. Statistics Canada published their stocks of principal field crops report this morning, which showed canola stocks declined by more than a third year-over-year to total 2.7 million tonnes as of July 31. The loonie […] Read more

North American Grain/Oilseed Review: Canola consolidates in narrow range By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – The ICE Futures canola market held within a narrow range on Thursday, seeing some consolidation after recent gains. Losses in Chicago Board of Trade soyoil put some pressure on values, but soybeans were higher on the day. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – The ICE Futures canola market was narrowly mixed at midday Thursday, with only the nearby November contract holding onto small gains. The market retreated from early advances as losses in Chicago Board of Trade soyoil weighed on values. Chart-based selling contributed to the declines in the […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were slightly higher Thursday morning. Other vegetable oils were stronger, which gave canola values a boost. Nearby soyoil contracts were up by a tenth of a cent in early morning trade, along with European rapeseed and Malaysian palm oil. The […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, hitting the highest levels for the front month contract in nearly two years. In addition to the bullish chart signals, a rally in Chicago Board of Trade soyoil also provided some spillover support. Positioning ahead of Friday’s […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – The ICE Futures canola market was stronger at midday Wednesday, with gains in Chicago Board of Trade soyoil behind some of the spillover buying interest. Bullish chart signals contributed to the gains, as canola remains pointed higher from a technical standpoint. Positioning ahead of Friday’s stocks […] Read more