By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The ICE Futures canola market was posting small losses Friday morning in light volumes. Early declines in Chicago Board of Trade soybeans and soyoil accounted for some spillover selling. Large old crop supplies, seasonal harvest pressure, a firmer tone in the Canadian dollar, and Canada’s ongoing […] Read more

WINNIPEG, Sept. 26 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Thursday, as market activity remained largely range-bound. Without any news to support a rally, one trader said speculative buying is sidelined. That, combined with slow-but-steady harvest progression, is weighing on values. About 17 per cent of Saskatchewan’s canola has been harvested, […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 26 (MarketsFarm) – The ICE Futures canola market was lower at midday Thursday, remaining weighed down by lower soybean values on the Chicago Board of Trade. “[Canola] starts the morning off firm, and then fizzles as the day goes along, remarked one Winnipeg-based trader. Currently, a stronger U.S. dollar […] Read more

WINNIPEG – The ICE Futures canola market was posting small losses Thursday morning, after trading to both sides of unchanged in overnight activity. Early gains in Chicago Board of Trade soybeans provided underlying support, while soyoil futures dipped below unchanged. A firmer tone in the Canadian dollar also weighed on canola. Harvest operations continue to […] Read more

WINNIPEG, Sept. 25 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed on Wednesday, as market activity remained largely range-bound. Forecasts across the Prairies are turning unseasonably cold and rainy later this week, with instances of snow in some regions. That’s likely to inject a weather premium back into markets, as harvest continues to […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The ICE Futures canola market was posting small gains Wednesday morning amid persistent weather concerns across the Prairies. Harvest operations continue to run well behind normal, with forecasts calling for frost and even snow in some areas over the next week. A weaker tone in the […] Read more

WINNIPEG, Sept. 24 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly stronger on Tuesday, as delayed harvest activity provided support to the market. Cold, rainy weather, with the potential for snow in some areas of the Prairies, has significantly delayed harvest progress. Approximately one third of the canola crop is currently harvested. Soybeans […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The ICE Futures canola market was slightly higher at midday Tuesday, with delayed harvest activity and weather woes providing support to the market. “Harvest is struggling, and will continue to struggle,” remarked one Winnipeg-based trader. Forecasts across the Prairies are calling for rainy, cool weather, with […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The ICE Futures canola market was holding onto small gains Tuesday morning in thin and choppy activity. Early advances in Chicago Board of Trade soybeans provided spillover support, while adverse Canadian harvest conditions also underpinned the futures. Cool and wet conditions continue to cause delays across […] Read more

WINNIPEG, Sept. 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly stronger on Monday, thanks to spillover support from soybeans on the Chicago Board of Trade. However, canola values are expected to remain largely range-bound, with nothing signaling a big move in markets. On Monday, 18,876 contracts were traded, which compares with Friday […] Read more