By Marlo Glass, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Thursday morning. Continued strength to the Canadian dollar prevented further gains for canola. The loonie was around 76.1 United States cents this morning, as the U.S. dollar index remained around 93 points. Canola prices got a boost […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Wednesday, getting support from Chicago soyoil, which is at a seven-month high. There was also support from European rapeseed, while lower Malaysian palm oil tempered gains. As did the Canadian dollar, which pushed above 76 United States […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mostly steady to higher at midday Wednesday, garnering support from Chicago soyoil. “We got soyoil at a seven-month high and that’s certainly a supportive factor in continuing to underpin the market,” a Winnipeg-based trader commented. However, the Canadian dollar […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Wednesday morning. Canola prices got a boost from strength in comparable vegetable oils. Nearby soyoil contracts were up by about a third of a cent in early morning activity. However, European rapeseed and Malaysian palm oil were […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Tuesday, as canola yields across the Prairies are expected to be lower than initially projected. A trader said the prolonged heat wave aided the quick development of canola pods, which are thought to contain fewer seeds. On […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – ICE Futures canola contracts were higher at midday Tuesday, as the ongoing heat across the Prairies and the United States Midwest is likely to cut yields. A Winnipeg-based trader noted the increases in the Chicago soy complex was further compounded by the recent derecho wind storm […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger on Tuesday morning. Canola was stronger despite a lack of direction from Chicago soyoil, which was only up by a few hundredths of a cent in early morning trade. Continued strength to the Canadian dollar kept a lid […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Monday, benefitting from gains in Chicago soyoil and a decline in the Canadian dollar. Chicago soyoil was up by a quarter of a cent today in the nearby September contract. Canola also received some support from small […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – ICE Futures canola contracts were higher at midday Monday, getting support from gains in Chicago soyoil and a lower Canadian dollar. “Crush margins are up a couple of bucks, so that’s where some of the support is coming from,” said a Winnipeg-based trader, noting there also […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger on Monday morning due to strength in comparable vegetable oils. Chicago soyoil saw gains due to hot weather and a lack of rain in key growing regions of the United States Midwest. European rapeseed was also higher, while […] Read more