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

By Glen Hallick, MarketsFarm WINNIPEG, August 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Friday, as prices were caught up in the spillover from the falling Chicago soy complex. That was due to the United States/China trade war having heated up earlier today, when the latter announced it will slap tariffs […] Read more

ICE canola midday: Trade war to spill over into canola By Glen Hallick, MarketsFarm WINNIPEG, August 23 (MarketsFarm) – ICE Futures canola contracts were dropping at midday Friday on news that the United States/China trade war was heating up. “It’s a negative drag for sure,” stated a Winnipeg-based trader, but noted canola continued to be […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – The ICE Futures canola market was mixed on Friday morning, remaining range-bound. Canola prices were muted due to the elusive trade deal with China. Continued protests in Hong Kong have the potential to disrupt or hinder the country’s economy, which could have far-reaching global implications. Soybeans […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, August 22 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Thursday, as bids continue to be range-bound. That situation is very unlikely to change anytime soon, said a trader, adding two reports could provide the impetus to push canola prices up or down to a […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, August 22 (MarketsFarm) – ICE Futures canola contracts were trading either side of steady at midday Thursday as bids remain range-bound, said a Winnipeg-based trader. “The range has been quite tight for a while, but it seems to be getting tighter and tighter as time goes on,” he commented. The […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 22 (MarketsFarm) – The ICE Futures canola market was slightly stronger on Thursday morning. Canola values found support from soybean prices on the Chicago Board of Trade. Soybeans got a boost due to reports from the Pro Farmer crop tour, which estimated an average of 997.68 pods in 3-by-3 […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, August 21 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Wednesday, although markets continue to lack direction prior to harvest. A trader said the canola harvest has yet to get underway across most of the Prairies, with crops more and more behind as one travels west. The […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, August 21 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Wednesday, which was a surprise to one Winnipeg-based trader. “The markets are at the stage of not knowing where to go. We’re on the verge of harvest and we really don’t know what the crop looks like,” he […] Read more