By Marlo Glass, MarketsFarm WINNIPEG, Aug. 13 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were on either side of unchanged on Thursday morning, amid choppy trading activity. Slight losses in Chicago soyoil kept pressure on canola prices. Nearby soyoil contracts were down by a fraction of a cent in early morning trade. Continued strength […] Read more

By MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – The Canadian dollar remained over 75 United States cents on Wednesday, reacting to relative strength in financial markets. The dollar finished the day at US$0.7545 or US$1=C$1.3254, compared to Tuesday when it closed at US$0.7524 or US$1=C$1.3291. Gains in U.S. stock indices were led by a strong performance […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – The ICE Futures canola market stronger on Wednesday, recovering from early losses as a rally in Chicago Board of Trade soyoil provided support. Bearish chart signals and speculative selling had weighed on canola in early activity, as the market continued to back away from recent highs. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – The ICE Futures canola market was weaker at midday Wednesday, continuing to back away from nearby highs as bearish technical signals weighed on prices. Speculators who had been buying canola at the start of the month have flipped to the other side to book profits, according […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, falling to its lowest levels in two weeks as traders took profits and the market continued to back away from recent highs. A firmer tone in the Canadian dollar, which was up by nearly half a cent, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – The ICE Futures canola market was weaker at midday Tuesday, as it continued to back away from its recent highs. After good export demand and chart-based buying had provided support earlier in the month, “we’ve done enough work to the upside for now,” said a trader […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker on Tuesday morning. Declines in Chicago soyoil were a negative factor for canola prices. Nearby Chicago soyoil contracts were weaker by about two tenths of a cent in early morning trade. Continued strength to the Canadian dollar also […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, backing away from nearby chart reistance. The most active November contract briefly traded above the psychological C$490 per tonne level in overnight trade, but ran into resistance and turned lower. Speculators had recently built up a net […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – The ICE Futures canola market was posting small losses Monday morning, as values hovered just under major upside resistance. The most active November contract briefly traded above the psychological C$490 per tonne level in overnight trade, after settling at C$489.90 per tonne on Friday, but ran […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker on Monday morning, due to pressure from outside markets. Declines in Chicago soyoil were a negative factor for canola prices. Nearby Chicago soyoil contracts were weaker by about two tenths of a cent in early morning trade. Relative […] Read more