By Glen Hallick, MarketsFarm WINNIPEG, July 24 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were slightly higher on Friday morning, getting support from Chicago soyoil. There was also strength coming from Malaysian palm oil, but lower European rapeseed weighed on values. The Canadian dollar was lower this morning, at 74.49 U.S. cents, compared to […] Read more

Intercontinental Exchange (ICE) Futures canola contracts finished slightly stronger on Thursday. Reports of isolated instances of storms across the Canadian Prairies injected a weather premium into the market, though the extent of crop damage is not yet known. Strength in the Canadian dollar prevented further gains for canola prices. The dollar was around 74.8 United […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 23 (MarketsFarm) – ICE Futures canola contracts were steady on Thursday. One Winnipeg-based trader said trading volumes were subdued, indication lower speculative participation. That kept pressure on canola prices. Chicago soyoil was slightly stronger at midday, which was supportive of values. Canola crop conditions indicate good yields, as the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 23 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to higher on Thursday morning, getting support from Chicago soyoil. There was also support from Malaysian palm oil and European rapeseed. Although the Canadian dollar was virtually unchanged this morning, at 74.51 U.S. cents, it’s rise this week […] Read more

WINNIPEG, July 22 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Wednesday. Strength in the Canadian dollar has kept pressure on canola prices. The dollar was around 74.5 United States cents at midday. The canola crop is in good shape across the Prairies, with 74 per cent of the crop rated good […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – ICE Futures canola contracts were mixed on Wednesday, due to pressure from outside markets and a strong Canadian dollar. One Winnipeg-based trader said canola prices were holding up relatively well to the considerable jump in the Canadian dollar. The dollar was over 74 United States cents […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were mixed on Wednesday morning, looking for which direction to take. There was some weakness in the Chicago soy complex. As well, lower European rapeseed and Malaysian palm oil weighed on canola values. The Canadian was virtually unchanged this morning […] Read more

By Marlo Glass, MarketFarm WINNIPEG, July 20 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Tuesday, after trading on either side of unchanged for most of the day. Attractive canola prices have encouraged farmer selling, which ultimately kept pressure on prices today. However, support from speculative buying prevented further losses for canola. […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 21 (MarketsFarm) – ICE Futures canola contracts were on either side of steady at midday Tuesday, pressured by farmer selling and strength in the Canadian dollar. One Winnipeg-based trader said canola prices were “good incentive for farmers to sell,” as prices have tested contract highs in recent days. A […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 21 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower on Tuesday morning, as the Canadian dollar rose above 74.0 United States cents. The loonie was at 74.30 U.S. cents, compared to Monday’s close of 73.84. The half-cent increase was due to stronger crude oil prices and a […] Read more