By Marlo Glass, MarketsFarm WINNIPEG, May 11 – ICE Futures canola contracts were stronger at midday Monday, following a weekend of cool weather and instances of snow across the Canadian Prairies. While temperatures weren’t cold enough to damage canola crops, they may have delayed seeding activity and prevented producers from getting last year’s canola crop […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, taking some direction from the Chicago Board of Trade soy complex. Improving technical signals, solid end-user demand and a weaker tone in the Canadian dollar added to the early strength in canola. Cold Prairie temperatures were also […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 8 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly higher on Friday, due to gains in the Chicago soy complex. However, a stronger Canadian dollar tempered those gains in canola. The loonie was higher at 71.77 U.S. cents at mid-afternoon, compared to Thursday’s close of 71.35. Seeding […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 8 (MarketsFarm) – ICE Futures canola contracts were slightly higher on Friday, benefitting from strength in the Chicago soy complex. “But the [Canadian] dollar has taken way some of the luster,” a Winnipeg-based trader remarked. The loonie was higher at 71.77 U.S. cents, compared to Thursday’s close of 71.35. […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, May 8 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Friday morning due to strength in comparable vegetable oils. Gains in the Chicago soy complex were supportive for canola. The soy complex was stronger following strong export demand. Relative strength in the Canadian dollar tempered further gains […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 7 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Thursday, due to gains in Chicago soyoil. There were also increases in European rapeseed, but lower Malaysian palm oil weighed on values. The Canadian dollar was stronger at 71.46 U.S. cents at mid-afternoon, compared to Wednesday’s close […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 7 (MarketsFarm) – ICE Futures canola contracts were slightly higher on Thursday, getting support from strong gains in Chicago soyoil. The half-cent increases in soyoil were due to higher energy prices, a Winnipeg-trader said. Also, the trader stated today’s crop area and grain stocks reports from Statistics Canada weren’t […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, May 7 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Thursday morning due to strength in comparable vegetable oils. Gains in the Chicago soy complex were supportive for canola. The soy complex was stronger following positive trade data from the United States Department of Agriculture (USDA). Relative […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 6 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Wednesday, as the Canadian dollar was retreating due to declines in crude oil prices. The loonie was at 70.80 U.S. cents at mid-afternoon, compared to Tuesday’s close of 71.27. Statistics Canada will release its crop […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 6 (MarketsFarm) – ICE Futures canola contracts were slightly higher on Wednesday, getting support from a weaker Canadian dollar. The loonie was lower at 70.73 U.S. cents, compared to Tuesday’s close of 71.27. “The Canadian dollar being down today by a half penny would have a supporting factor,” a […] Read more