By Glen Hallick, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – ICE Futures canola contracts were steady to higher at midday Monday as canola has continued to show some independence since Friday, said a Winnipeg-based trader. “Maybe four dollars’ worth in the last two days combined,” he stated, adding the gains had more to do with firm […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The ICE Futures canola market was higher on Monday morning, following pricing trends set by Malaysian palm oil, European rapeseed, and soybeans on the Chicago Board of Trade. Harvest activity across the Canadian Prairies remains delayed by wet weather, though conditions are improving. However, forecasts of […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 4 (MarketsFarm) –ICE Futures canola contracts were stronger on Friday, seeing a continuation of the past week’s rally as Prairie weather concerns remained supportive. Spillover from advances in Chicago Board of Trade soybeans added to the firmer tone. Harvest operations remain well behind normal across Western Canada, with the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Friday, posting gains for the fifth-straight session as ongoing Prairie weather concerns were supportive. Harvest operations remain well behind normal in Saskatchewan and Alberta, with the slow pace limiting farmer selling and encouraging speculative short-covering. Bullish chart signals […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger Friday morning, getting support from short covering and the delayed harvest. The Prairie harvest has remained well behind pace due to cold, wet conditions. However, improved weather across most of the region will see farmers continue their combining. […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 3 (MarketsFarm) – ICE Futures canola contracts moved up for the fourth-straight session on Tuesday, breaking above major chart resistance as persistent Prairie weather concerns kept farmer selling on the sidelines and encouraged speculative short-covering. A rally in Chicago Board of Trade soyoil was also supportive, although soybeans settled […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, breaking above major chart resistance as gains in Chicago Board of Trade soyoil and persistent Prairie weather concerns encouraged speculative short-covering. “The market has a definite upward bias,” said a Winnipeg-based trader adding “based on the weather […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – The ICE Futures canola market was higher on Thursday morning, supported mainly by a weaker Canadian dollar and persistent wet weather in the Canadian Prairies. The Canadian dollar has been hovering around 75 U.S. cents for most of the week, and dipped below to 74.9 U.S. […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 2 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, as fund short-covering and a lack of farmer selling on the other side provided support. Gains in Chicago Board of Trade soyoil and weakness in the Canadian dollar added to the stronger tone. The Canadian dollar was […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 2 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Wednesday, as gains in Chicago Board of Trade soyoil and weakness in the Canadian dollar provided support. The United States government is reportedly close to announcing a new plan to boost biofuel production in the country, which accounted […] Read more