By Marlo Glass, MarketsFarm WINNIPEG, Nov. 7 (MarketsFarm) – The ICE Futures canola market was steady to stronger on Friday morning, ahead of the World Agriculture Supply Demand Estimate (WASDE) from the United States Department of Agriculture (USDA) which will be released at 11 a.m. CST. Trade expectations are split in regards to the WASDE’s […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 8 (MarketsFarm) – The ICE Futures canola market was holding near unchanged Friday morning, in thin and choppy as participants await the latest United States of Department Agriculture production and supply/demand reports out later in the day. The USDA releases its monthly reports at 11:00 CST, with any surprises […] Read more

WINNIPEG, Nov. 7 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Thursday, retreating from previous highs due to lack of follow-through buying. One trader noted that markets were range-bound, lacking a strong sense of direction. The announcement that China will resume importing Canadian pork and beef sparked some optimism regarding a trade […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Nov. 7 (MarketsFarm) – The ICE Futures canola market was steady to stronger on Thursday morning, backing off from previous highs due to lack of follow-through buying. One Winnipeg-based trader remarked that markets were range-bound and lacking a strong sense of direction. “[Markets] look like they want to do one […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 7 (MarketsFarm) – The ICE Futures canola market was holding onto small gains Thursday morning, although activity was thin and choppy. Improving Chinese trade sentiment helped underpin Chicago Board of Trade soybeans, with some of that buying interest spilling into the canola market. The recent move by China to […] Read more

WINNIPEG, Nov. 6 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished steady on Wednesday, after trading higher earlier in the day. Though China has begun importing Canadian pork and beef again, relations remain chilly regarding canola imports. China’s hog population decreased by nearly 40 per cent due to African Swine Fever, necessitating pork imports […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Nov. 6 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday morning, with short covering a feature in active trading. One Winnipeg-based trader said China resuming its importing of Canadian meat sparked some optimism regarding a canola deal between the two countries. However, it doesn’t appear that the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 6 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher Wednesday morning, buoyed by gains in soyoil on the Chicago Board of Trade. As the Prairie harvest continues, Manitoba agriculture issued its latest and last crop report for 2019. The overall harvest is 89 per cent complete, with […] Read more

WINNIPEG, Nov. 5 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to lower on Tuesday, amid light trading activity and low spreading volumes. The Canadian dollar dipped just below 76 U.S. cents on Tuesday afternoon, providing some support to canola values. However, canola values remained largely range-bound, about C$10 above contract lows. The […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 5 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower Tuesday morning due to a weaker Chicago soy complex. Despite unfavourable weather, harvest progress on the Prairies and farmer selling has kept a lid on values. Also, profit taking could do the same after gains on Monday. Better […] Read more