By Glen Hallick, MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – ICE Futures canola contracts were trading slightly higher at midday Wednesday. A Winnipeg-based trader analyst suggested canola has become range-bound, similar to that experienced in the summer. The Chicago soy complex provided some support, especially soyoil. While there continues to be harvest pressure, the difficulties Prairie […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The ICE Futures canola market was slightly higher on Wednesday morning, boosted by stronger values for Malaysian palm oil, European rapeseed, and soybeans on the Chicago Board of Trade. Palm oil on the Dalian exchange hit an 18-month high overnight, due to expectations of lower production. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to lower on Tuesday, regaining most of the strength it lost earlier in the session. A trader explained that speculators have been behind the recent losses in canola, pushing bids down despite support from Chicago soyoil. Also, he […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday with speculators pushing down prices, according to a Winnipeg-based trader. The trader said the commercial buyers have been, “quite happy to see the speculators push it down.” However, “as long as bean oil stays up, canola won’t […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The ICE Futures canola market was steady to lower on Tuesday morning, pressured a strong Canadian dollar and a weaker tone from the soy complex on the Chicago Board of Trade. The Canadian dollar has remained over 76 U.S. cents for the past two weeks, making […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday, as increased amounts of canola have entered the commercial pipeline. Approximately 1.3 million tonnes of canola have entered the commercial pipeline during the last two weeks, according to Canadian Grain Commission data. As the fall harvest […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Monday as the market wants to grind lower for the moment, according to a Winnipeg-based trader. Lower Chicago soyoil bids and a steady Canadian dollar, at 76.56 U.S. cents, weighed on values, he noted. Also, the trader pointed […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The ICE Futures canola market was higher on Monday morning, as winter weather across the Canadian Prairies provided support. Canola was also supported by a stronger tone for Malaysian palm oil and European rapeseed, as well as the soy complex on the Chicago Board of Trade. […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 25 (MarketsFarm) – ICE Futures canola contracts were slightly weaker at Friday’s close, backing away from earlier gains as losses in the Chicago Board of Trade soy complex weighed on values. Steady farmer deliveries and increasing harvest pressure added to the softer tone, as the latest provincial crop reports […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 25 (MarketsFarm) – ICE Futures canola contracts were narrowly mixed at midday Friday, seeing some consolidation as traders adjusted positions ahead of the weekend. The Chicago Board of Trade soy complex provided little direction for the canola market, with soybeans holding within a penny of unchanged and soyoil down […] Read more