By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 21 (MarketsFarm) – ICE Futures canola contracts were weaker on Monday, as a firmer tone in the Canadian dollar and speculative selling pressure weighed on values. Seasonal harvest pressure also weighed on prices, as heavy farmer deliveries are filling up the commercial pipeline despite the ongoing delays in many […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Monday, seeing a continuation of last week’s selloff. “It’s just more of the same,” said a trader adding that speculators holding short positions were “leaning on the canola” in an effort to boost their profits. Updated supply/demand estimates […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were trading lower Monday morning as the Canadian dollar continued to gain strength. After closing Friday at 76.15 U.S. cents, the loonie gained more than a tenth of a cent at 76.26. With drier conditions, Prairie farmers made some progress […] Read more

WINNIPEG, Oct. 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Friday, remaining pressured by harvest progress and a spate of commercial canola deliveries. According to data from the Canadian Grain Commission, canola deliveries hit record-highs last week. Over 719,000 tonnes of canola were delivered across the Prairies. With blue skies in […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 18 (MarketsFarm) – The ICE Futures canola market was lower at midday Friday, following trends set earlier in the week. Canola delivery to commercial positions hit record-highs during the week ended Oct. 13, with over 719,000 tonnes of canola delivered. That, along with stronger-than-expected harvest activity, has weighed on […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 18 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were slightly lower Friday morning, as Canadian farmers unable to resume harvesting were busy hauling canola. Those farmers delivered 719,300 tonnes of canola into commercial positions during the week ended Oct. 13. That was not only more than double from […] Read more

WINNIPEG, Oct. 17 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Thursday, remaining mostly range-bound and following trends set earlier in the week. Harvest progress has put pressure on canola prices, as regions of the Prairies that didn’t receive significant snow are almost finished harvesting canola. Manitoba’s canola harvest is 80 per […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 17 (MarketsFarm) – The ICE Futures canola market was lower at midday Thursday, following trends set earlier in the week amid choppy trading activity. Harvest progress in most of the Prairies has put pressure on canola prices. The canola harvest is nearly complete in Prairie regions that didn’t receive […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 17 (MarketsFarm) – The ICE Futures canola market was lower Thursday morning, with strength in the Canadian dollar and bearish technical signals behind some of the weakness. A window of warmer and drier weather across the Prairies also pressured values, as farmers should be able to make some harvest […] Read more

WINNIPEG, Oct. 16 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Wednesday, pressured by resilient harvest activity. Despite a season of challenging harvest conditions in the Canadian Prairies, some areas have nearly completed their canola harvest. In particular, producers in Nortwest and Central Saskatchewan are almost finished with the canola harvest. Similarly, […] Read more