By Marlo Glass, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were on either side of unchanged Wednesday morning. The loonie was around 76.4 United States cents this morning, keeping pressure on canola values. Other vegetable oils were lower to start the day, which was another bearish influence on canola values. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sep. 1 (MarketsFarm) – The ICE Futures canola market settled with solid gains on Tuesday, moving above nearby chart resistance. Monday’s smaller than expected production estimate from Statistics Canada remained somewhat supportive, with recent cold weather in parts of the Prairies and the chance of frost lessening expectations for future […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – ICE Futures canola contracts were slightly higher at midday Tuesday. Comparable vegetable oils were stronger, which gave canola a boost. Nearby contracts for Chicago soyoil were up by about a third of a cent at midday. The Canadian dollar remained higher at midday, which kept a […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 1(MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were on either side of unchanged Tuesday morning, battling continued strength in the Canadian dollar. The loonie was around 76.6 United States cents this morning due to comparable weakness in the U.S. dollar. Other vegetable oils were higher to start the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – The ICE Futures canola market settled with small losses on Monday, retreating from early gains as investors digested production estimates from Statistics Canada. Statistics Canada pegged the 2020/21 Canadian canola crop at 19.4 million tonnes in a report out this morning, which was at the lower […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger on Monday morning, following estimated crop production numbers from Statistics Canada. Across Canada, producers are expected to produce 19.4 million tonnes of canola, which is slightly lower than the prior year and on the lower end of market […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 28 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Friday, bouncing back from losses for most of the trading session. A trader speculates that canola combining has been picking up momentum in several areas of the Prairies, which would add some harvest pressure. However, he noted […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 28 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower at midday Friday, following declines in Chicago soyoil of more than a third of an United States cent. European rapeseed was lower as well, but there was support from higher Malaysian palm oil. A trader speculated that canola […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Thursday, benefitting from spillover from the Chicago soy complex, and despite a rising Canadian dollar. Chicago soybeans saw gains of about 17 cents per bushel, soyoil jumped a little more than a full penny, and soymeal was […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher at midday Thursday, getting spillover from a very strong Chicago soy complex. Soybeans jumped well over 20 cents per bushels at the Chicago Board of Trade, with soyoil vaulting by nearly eight-tenths of a cent and soymeal climbing […] Read more