By Marlo Glass, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – The ICE Futures canola market was mostly unchanged on Monday morning, following trends set during overnight trading as prices stayed largely in a consolidation pattern. Improved weather forecasts across the Prairies have boosted crop conditions recently, which weighed on canola values. The Canadian dollar was around […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 26 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Friday, as the Canadian dollar retreated and there was gain of a fifth of a cent in Chicago soyoil. The loonie at mid-afternoon was at 75.89 U.S. cents, which provided support for canola. While the markets are […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 26 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Friday, as a weaker Canadian dollar and firm Chicago soyoil prices have been providing support over the last 10 days, said a Winnipeg-based trader. “It’s a combination of bean oil up a penny and the Canadian dollar down […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The ICE Futures canola market was slightly stronger on Friday morning, following positive price trends set on Thursday. Improved weather forecasts across the Prairies have boosted crop conditions recently, which weighed on values. Soybeans on the Chicago Board of Trade were also up slightly due to […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 25 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Thursday, as the market continues to lack direction. Good weather across the Prairies have improved crop conditions, which have weighed on values. Below average monsoon rainfall in Asia has increased palm oil prices, which has provided support. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 25 (MarketsFarm) – ICE Futures canola contracts were steady at midday Thursday, without any strong direction to push prices either way. “Canola prices have been fairly steady right around the C$450 area,” said a Winnipeg-based trader, noting the spreads at midday had widened a bit. He said the markets […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 25 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday morning, following positive price trends set on Wednesday. Hot temperatures in Europe are threatening to stress rapeseed crops, driving prices higher. Malaysian palm oil crops are also suffering due to lack of rain in India. Higher prices […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 24 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Wednesday, with support from other oilseeds and the Canadian dollar. European rapeseed prices were higher due to a heat wave affecting much of that continent. Meanwhile in Asia, the monsoons have only provided below average precipitation. Chicago […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 24 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Wednesday, deriving support from increases in rapeseed, palm oil and the soy complex, said a Winnipeg-based trader. A heat wave throughout much of Europe has been pushing temperatures into the mid to high 30-degree Celsius range, according to […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday morning, following positive price trends from Tuesday. A move above the 20-day moving average in the November contract encouraged some speculative short covering, which added to the firmer tone. Spillover support from higher prices in the soy […] Read more