By Marlo Glass, MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – The ICE Futures canola market was slightly weaker on Wednesday, following trends set during overnight trade. Canola prices followed trends set by soybeans on the Chicago Board of Trade, which were also lower. The USDA has reported soybean sales to China have totaled 720,000 tonnes in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady Tuesday just as the Prairie harvest was picking up the pace. There were slight losses for the nearby contracts while the deferred contracts saw small increases. A trader said farmers have been selling off of the combine and […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday as the Prairie harvest has been picking up pace, said a Winnipeg-based trader. He noted there has been an increased amount of “selling off of the combine” and farmers still have a great deal of canola in […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – The ICE Futures canola market was slightly weaker on Tuesday, correcting downward after several consecutive days of higher prices. Canola prices followed trends set by soybeans on the Chicago Board of Trade, which were also lower. The latest soybean crop rating from the United States Department […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger Monday on support provided by short covering and Chicago soyoil. With the drone attack on Saudi Arabia’s largest oil facilities over the weekend, more than half of the country’s processing capacity was lost. That drove up benchmark crude […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Monday, with speculators adjusted their positions in heavy volumes. “We believe it’s spec short covering,” commented a Winnipeg-based trader, noting that Commitment of Traders reported small specs were almost at 100,000 contracts. He said that soyoil on the […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – The ICE Futures canola market was largely stronger on Monday, gaining spillover support from Malaysian palm oil, European rapeseed, and soybeans on the Chicago Board of Trade. A 10 per cent jump in crude oil prices following a drone attack on two major Saudi Arabian oil […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Friday, thanks to a lower Canadian dollar and spillover support from soybeans on the Chicago Board of Trade. The Canadian dollar was around 76 U.S. cents earlier in the week, but settled down to around 75.4 cents […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – The ICE Futures canola market was higher at midday Friday, buoyed by delays in harvest activity and a positive trade sentiment for global trade relations. “Weather in western Canada is slowing harvest down,” remarked one Winnipeg-based trader, as a delayed harvest may be injecting a weather […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, seeing some follow-through buying interest after Thursday’s rally as speculators covered short positions. Cool and wet conditions continue to cause harvest delays across parts of Western Canada, keeping a weather premium in the market. Gains in Chicago […] Read more