By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – ICE Futures canola contracts were narrowly mixed at midday Monday in thin and choppy activity, as participants were reluctant to push values too far one way or the other ahead of the United States Department of Agriculture’s updated acreage and production estimates. The USDA’s monthly report […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, August 12 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady Monday morning, ahead of the United States Department of Agriculture (USDA) releasing its long-awaited supply and demand report today at 11 am CDT. Since the end of June, market analysts have touted the World Agricultural Supply and Demand […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, August 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Friday, as support came from Chicago soyoil and weather conditions, said a trader. Soyoil was up by more than a half cent today, as China has a shortage of it, and has been buying palm oil. In […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, August 9 (MarketsFarm) – ICE Futures canola contracts were higher at midday Friday, due to spillover from the Chicago soy complex, especially soyoil, said a Winnipeg-based trader. He said soyoil had been rather range-bound until it came to life this week, and that boosted canola prices. However, soyoil has quieted […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 9 (MarketsFarm) – The ICE Futures canola market was up on Friday morning, following trends set in overnight trade. Soybean prices on the Chicago Board of Trade were stronger Thursday morning, providing spillover support to canola values. Dry forecasts across the U.S. Midwest and Canadian Prairies have re-introduced a […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 8 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Thursday. A lack of farmer selling provided support for prices, said a market analyst. Also, support came from stronger European rapeseed prices and strong gains in the Chicago soy complex. As well as dry condition across parts […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 8 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, having crossed the 40-day moving average, said a Winnipeg-based analyst. He chalked up the gains so far today due to a lack of farmer selling. “We’ve broken through the high-end of our trading range. The U.S. markets, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 7 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Wednesday, but remained range-bound with little to influence bids very far either way. The Canadian dollar was down mid-afternoon Wednesday at 75.11 U.S. cents, which provided support for bids. As did the Chicago soy complex, and in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 7 (MarketsFarm) – ICE Futures canola contracts were lower at midday Wednesday, as the market has continued to wait for Monday’s supply and demand estimated from the United States Department of Agriculture (USDA). A Winnipeg-based analyst said speculation has arisen that the long-awaited report won’t contain that many surprises […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, August 7 (MarketsFarm) – The ICE Futures canola market was weaker on Wednesday morning, remaining range-bound due to uncertainty regarding crop outlooks across North America. The United States Department of Agriculture (USDA) World Agriculture Supply Demand Report (WASDE) will be released next Monday, which will provide some clarity to markets […] Read more