By Marlo Glass, MarketsFarm WINNIPEG, July 30 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger on Thursday morning, due to follow-through buying from yesterday’s rally. Slight strength in Chicago soyoil also were supportive of canola prices. Nearby Chicago soyoil contracts were stronger by about a third of a cent in early morning trade. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, climbing above nearby resistance as fund traders added to long positions and covered previous shorts. Solid export demand, especially from Europe, added to the gains with canola exports to the European Union running about four-times ahead of […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – The ICE Futures canola market was stronger at midday Wednesday, as solid demand from both end users and fund traders provided support. Commercial buyers covering sales to Europe accounted for some of the strength, according to a broker. Fund traders adding to long positions were also […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to higher on Wednesday morning. Slight strength in Chicago soyoil was supportive of canola prices. Nearby Chicago soyoil contracts were stronger by about one fifth of a cent in early morning trade. Strength in the Canadian dollar kept […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 28 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, backing away from the six-month highs hit the previous session. Improving soybean crop condition ratings from the United States Department of Agriculture sparked a selloff in that market, which accounted for much of the spillover weakness in […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 28 (MarketsFarm) – The ICE Futures canola market was weaker at midday Tuesday, as sharp losses in the Chicago Board of Trade soy complex spilled over to weigh on values. Improving crop condition ratings from the United States Department of Agriculture sparked a selloff in soybeans, accounting for much […] Read more

WINNIPEG, July 28 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower on Tuesday morning, retreating from yesterday’s six-month highs. Losses in the Chicago soy complex were a negative influence on canola prices. Nearby Chicago soyoil contracts were weaker by about four tenths of a cent in early morning trade. Good growing conditions with […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, closing at its highest levels in six months as chart-based speculative buying provided support. Mixed forecasts across the Prairies and the need to keep some weather premiums in the market added to the firmer tone, although conditions […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – The ICE Futures canola market was narrowly mixed at midday Monday, running into some resistance after hitting fresh six-month highs in early activity. The November contract neared C$490 per tonne, marking its best level since January 2020. However, the futures ran into resistance and values backed […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were on either side of unchanged on Monday morning, with mild weakness observed in nearby contracts. Losses in comparable soyoils kept pressure on canola prices. The Chicago soy complex was weaker by about a quarter of a cent in early […] Read more