By Glen Hallick, MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Tuesday, as trading resumed following the Terry Fox/Civic Day long weekend. A Winnipeg-based trader stated speculators were buying canola today and selling oil, which provided support for bids. As was the Canadian dollar, which was down at […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Tuesday, despite losses on the Chicago Board of Trade. The Chicago markets have been trying to recover from large losses on Monday, caused by China’s devaluation of its yuan. The move was to undermine the United States dollar, […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, August 6 (MarketsFarm) – The ICE Futures canola market was mostly unchanged on Monday morning, recovering after blows to the market over the long weekend. In the latest move in the trade war between the United States and China, the U.S. government determined China has manipulated the yuan in order […] Read more

North American Grain/Oilseed Review: Canola bids up ahead of long weekend By Glen Hallick, MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Friday, as prices bounced from Thursday’s sharp losses. Also, with the long weekend, traders pushed up bids today as the next session won’t start until Monday […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – ICE Futures canola contracts were higher at midday Friday, as they bounce back from yesterday’s declines, according to a Winnipeg-based trader. As well with the long weekend, he said prices will be up as traders, especially “the little guy”, won’t be able to resume trading until […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, August 2 (MarketsFarm) – The ICE Futures canola market was stronger on Friday morning, correcting higher after a week of lows. The Canadian dollar dipped to 75.39 U.S. cents on Thursday morning, which supported values. Experts expect the Canadian canola crop to be around 19 million tonnes, with yields around […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 1 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Thursday, due to pressure from the soy complex in Chicago. In turn, the soy complex was down as the interest rate cut by the United States Federal Reserve provided support for the U.S. dollar, hurting the country’s […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 1 (MarketsFarm) – ICE Futures canola contracts were trading either side of steady at midday Thursday, getting support from a lower Canadian dollar and from Chicago soyoil, said a Winnipeg-based analyst. The loonie fell under 76 U.S. cents to 75.69, which has made canola more attractive for exports. Soyoil […] Read more

ICE canola steady Thursday By Marlo Glass, MarketsFarm WINNIPEG, August 1 (MarketsFarm) – The ICE Futures canola market was mostly unchanged on Thursday morning, following quiet activity in overnight trading. The Canadian dollar dipped to 75.57 U.S. cents on Thursday morning, which supported values. The Federal Reserve cut its key interest rate by 25 basis […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 31 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Wednesday, as the Chicago soy complex weighed on values. The soy complex fell today largely on a negative impact from United States/China trade talks. Although both sides commented talks ended on a positive note, with an agreement […] Read more