By Glen Hallick, MarketsFarm WINNIPEG, June 11 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Thursday morning, as the Canadian dollar was weaker. The loonie was at 74.12 U.S. cents, compared to Wednesday’s close of 74.68. Meanwhile losses for Chicago soyoil, European rapeseed and Malaysian palm oil weighed on values. As some […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – The ICE Futures canola market was narrowly mixed at Wednesday’s close, after posting gains for most of the session. Speculative short-covering helped the nearby July contract climb higher in early activity, as investors were busy exiting the front month. However, that buying interest subsided by the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – The ICE Futures canola market was steady to higher at midday Wednesday, with the largest gains in the nearby July contract. Speculative short-covering accounted for much of the buying interest in the July contract, as traders exited the front month. A lack of significant farmer selling […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Wednesday morning, getting support from Chicago soybeans. However, there was no direction from soyoil. Elsewhere, European rapeseed was down, but Malaysian palm oil was up. Manitoba Agriculture issued its weekly crop report on Tuesday, stating that planting […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 9 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, with the biggest gains in the nearby July contract as speculators covered short positions and rolled out of the front month. Gains in Chicago Board of Trade soyoil and a weaker tone in the Canadian dollar accounted […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 9 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, tracking activity in outside markets. Gains in Chicago Board of Trade soyoil and a weaker tone in the Canadian dollar accounted for most of the strength in the market, with canola tracking the product values closely, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 9 (MarketsFarm) – The ICE Futures canola market was posting small losses Tuesday morning, retreating from overnight gains. Losses in Chicago Board of Trade soybeans put some spillover pressure on canola, with relatively favourable Prairie weather conditions also weighing on values. However, excessive moisture remains a concern in parts […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, retreating from earlier gains as activity in outside markets weighed on prices. Speculative short-covering had provided support in early activity, as investors were busy rolling their positions out of the front month. However, losses in the Chicago […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The ICE Futures canola market was mostly stronger at midday Monday, with speculative short-covering a feature. The nearby July contract was posting the largest gains, causing the old crop/new crop spread to tighten as investors were busy rolling their positions out of the front month. Mixed […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to higher on Monday morning, getting support from gains in Chicago soyoil, European rapeseed and Malaysian palm oil. The Prairies received rain over the weekend and more is forecast for this week. Alberta released its weekly crop report […] Read more