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

By Glen Hallick, MarketsFarm WINNIPEG, July 31 (MarketsFarm) – ICE Futures canola contracts were lower at midday Wednesday, as bids remained range-bound said a Winnipeg-based trader. “Three dollars isn’t really that much of a move on canola. It could drop another five and still be within range,” the trader said this morning when the November […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 31 (MarketsFarm) – The ICE Futures canola market was slightly lower on Wednesday morning, following the downward trend set earlier in the week. Weather forecasts across the Prairies and in the U.S. Midwest have improved to the point that the market has lost most of its weather premium. The […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 30 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Tuesday, amid another session of lighter than normal volumes of trade. For the most part canola has been range bound, with little to influence bids a great deal either way. Along with other commodities, the markets have […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 30 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, due in part to pressure from Chicago soyoil, said a Winnipeg-based trader. As prices on the Chicago Board of Trade had been higher in the day and then dropped, canola didn’t react as strongly. “Canola didn’t want […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 30 (MarketsFarm) – The ICE Futures canola market was slightly lower on Tuesday morning, remaining range-bound until markets get a clearer picture of the size of this year’s crops. Improved weather forecasts across the Prairies have boosted crop conditions recently, weighing on canola values. The Canadian dollar slipped to […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday, as the market lacked direction due to the summer doldrums. As well, the Prairie weather forecast has called for temperatures this week to be in the mid 20’s to the low 30’s Celsius. Although that will […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – ICE Futures canola contracts were steady at midday Monday, as the market has continued to lack direction due to “the summer doldrums,” stated a Winnipeg-based trader. Earlier in the day, there had been a bounce in Chicago soyoil prices, but that quickly faded said the trader. […] Read more