By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 29 (MarketsFarm) – ICE Futures canola contracts were posting small gains in most months at midday Thursday, in thin and choppy activity. “We’re just marking time,” said a Winnipeg-based trader on the lacklustre trade. Gains in Chicago Board of Trade soybeans provided some underlying support, as unfavourable Midwestern weather […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 28 (MarketsFarm) – The ICE Futures canola market settled with small gains on Wednesday, after trading to both sides of unchanged in choppy activity as the market reacted to Statistics Canada’s first survey-based production estimate of the crop year. Statistics Canada pegged the 2019/20 canola crop at 18.45 million […] Read more

WINNIPEG– ICE Futures canola contracts were holding near unchanged at midday Wednesday, lacking any clear direction as traders digested Statistics Canada’s first production estimates of the year. The government agency pegged this year’s canola crop at 18.45 million tonnes, which would be down by nearly two million tonnes from the previous year and at the […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 28 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday morning, following the crop production report released by Statistics Canada. The report confirmed that about 18.5 million tonnes of canola will be produced in 2019, down nearly 10 per cent from the previous year. Farmers are expected […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 27 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, breaking below nearby chart support. Seasonal harvest pressure and losses in Chicago soybeans contributed to the declines. A move below C$448 per tonne in the November contract was bearish from a chart standpoint, which encouraged some additional […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, as seasonal harvest pressure and losses in Chicago Board of Trade soybeans weighed on values. Anecdotal yield reports are generally looking a bit better than early expectations, according to a broker. He added that the ongoing trade […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday morning, following pricing trends set by soybeans on the Chicago Board of Trade. Soybean prices were pressured by improved crop conditions. Development remains two to four weeks behind schedule. The Canadian dollar rallied to about 75.5 cents […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 26 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, retreating from earlier gains in choppy activity. Strength in the Canadian dollar and a steady tone in Chicago Board of Trade soyoil accounted for some of the selling pressure, as crush margins softened. Chart-based speculative selling contributed […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Monday, seeing a modest correction after Friday’s drop. “We had a big jerk one way on Friday and then we jerked back the other way today,” said a trader adding that the market has now “fallen asleep.” Canola […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The ICE Futures canola market was stronger on Monday morning, riding the coattails of overnight trading activity. Canola prices received spillover support from other oilseeds, as Malaysian palm oil and European rapeseed are stronger today, as are soybeans on the Chicago Board of Trade. Later-than-usual crop […] Read more