By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 15 (MarketsFarm) – The ICE Futures canola market settled with small gains on Thursday, as the market continued to find some strength after dropping earlier in the week. Crush margins remain at some of their best levels of the past year, making canola attractively priced for end users, according […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – ICE Futures canola contracts were holding onto small gains at midday Thursday, in thin and choppy activity. “It’s hard to get any read on this market,” said a Winnipeg-based trader. While canola was looking underpriced compared to other oilseeds, he expected the looming Prairie harvest would […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, August 15 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to lower Thursday morning, following volatile overnight trading. Canola has become more competitive within the oilseed market, which has provided support. A declining Canadian dollar has also been supportive. After the dollar closed Wednesday at 75.16 U.S. cents, […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 14 (MarketsFarm) – The ICE Futures canola market ended mixed on Wednesday, with gains in the most active front months and losses in the more deferred positions. Oversold price sentiment and improving crush margins accounted for some buying interest from domestic processors, according to a trader. Weakness in the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Wednesday, correcting after Tuesday’s losses amid ideas the declines were overdone. Domestic processors were likely on the buy side as crush margins have improved to some of their best levels of the past year over the past week, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, August 14 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher Wednesday morning, getting support from stronger European rapeseed and Malaysian palm oil bids in the overnights. However, the Chicago soy complex was lower and tempered gains. Precipitation this week helped struggling crops, but most of the Prairies remains […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 13 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, with losses in Chicago Board of Trade soyoil behind some of the spillover selling pressure. News that the United States would delay imposing 10 per cent tariffs on some Chinese imports contributed to the weakness in canola, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 13 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, retreating from earlier gains. While Chicago Board of Trade soybeans were firmer, losses in soyoil pressured the canola market, according to a Winnipeg-based trader. News that the United States would delay imposing 10 per cent tariffs on […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, August 13 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to higher Tuesday morning, as the Chicago soy complex recovers from yesterday’s losses. The U.S. Department of Agriculture’s issued its monthly supply and demand report on Monday, which had a bearish effect on the Chicago Board of Trade, […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 12 (MarketsFarm) – The ICE Futures canola market was weaker on Monday in sympathy with the much larger losses in Chicago Board of Trade corn and soybeans. The United States grains and oilseeds were sharply lower on Monday, with limit-down losses in corn in reaction to updated acreage and […] Read more