By Glen Hallick, MarketsFarm WINNIPEG, March 18 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher Wednesday morning as the Canadian dollar continues to weaken, which makes exports more attractive. The loonie slipped under 70 U.S. cents to 69.25, losing more than a penny so far this morning. Since the beginning of March, the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 17 (MarketsFarm) – The ICE Futures canola market settled in the green for St. Patrick’s Day, seeing a corrective bounce after Monday’s fall to contract lows. Gains in Chicago Board of Trade soyoil and weakness in the Canadian dollar contributed to the advances in canola. The currency was down […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 17 (MarketsFarm) – The ICE Futures canola market was firmer at midday Tuesday, seeing a modest recovery after Monday’s drop to fresh contract lows. Gains in the Chicago Board of Trade soy complex, a lack of aggressive farmer selling, and weakness in the Canadian dollar contributed to the strength […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 17 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher Tuesday morning, with strength was coming from improved Chicago soyoil and European rapeseed values. A weaker Canadian dollar was also supportive. The loonie was at 70.79 U.S. cents, compared to Monday’s close of 71.61. However, the COVID-19 global […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 16 (MarketsFarm) – The ICE Futures canola market dropped to fresh contract lows ion Monday, as global uncertainty over the COVID-19 coronavirus weighed on prices. Efforts to stop the spread of the virus continue to ramp up, with the unprecedented nature of the worldwide response leading to a bearish […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 16 (MarketsFarm) – The ICE Futures canola market was weaker at midday Monday, as global uncertainty over the COVID-19 coronavirus weighed on values across the board. Efforts to stop the spread of the virus continue to ramp up, with the unprecedented nature of the worldwide response leading to a […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 16 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker on Monday morning, as fears towards the COVID-19 coronavirus were keeping a tight squeeze on the markets. The number of COVID-19 cases in Canada has continued to increase with several provinces closing schools and requesting people to refrain […] Read more

By MarketsFarm WINNIPEG, March 13 (MarketsFarm) – The Canadian dollar was weaker on Friday, despite an unscheduled interest rate adjustment from the Bank of Canada. The dollar finished the day at US$0.7194 or US$1=C$1.3820, compared to Thursday when it closed at US$0.7236 or US$1=C$1.3820. At midday, the Bank of Canada lowered its target interest rate […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, March 13 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished higher on Friday, regaining some ground after considerable losses incurred yesterday. The Canadian dollar has dipped below 72 U.S. cents, the lowest point in several years. That provided a bit of a boost to canola prices. Significant uncertainty posed […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, March 13 (MarketsFarm) – The ICE Futures canola market showed some strength at midday, making up some of the considerable ground lost in the previous trading session. Weakness in the soy complex on the Chicago Board of Trade prevented further rallies for canola prices. Soyoil closed down by nearly a […] Read more