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

North American Grain/Oilseed Review: Markets lacking direction By Glen Hallick, MarketsFarm WINNIPEG, July 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Tuesday, in another day of light activity. A trader said canola will remain choppy for the time being, due to the lack of direction in the Chicago markets. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 23 (MarketsFarm) – ICE Futures canola contracts were trading either side of steady at midday Tuesday, in another session of light activity. A Winnipeg-based trader said the canola market will likely remain choppy until it gets some direction from the markets in the United States. “Canola goes up half […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 23 (MarketsFarm) – The ICE Futures canola market was mostly unchanged on Tuesday morning, remaining range-bound during a morning of light volumes. Improving growing conditions across North America mean markets are slowly starting to lose their weather premiums. However, there are still dry areas in the Canadian Prairies, which […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday in light activity that saw the market correct after Friday’s bounce. Losses in the soy complex at the Chicago Board of Trade weighed on values. Agriculture and Agri-Food Canada (AAFC) issued its Outlook for Principal Crops […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – ICE Futures canola contracts were trading either side of steady at midday Monday, with support coming from a lower Canadian dollar, said a Winnipeg-based trader. As of mid-morning the loonie was at 76.23 U.S. cents, down from Friday’s close of 76.51. The trader said canola had […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – The ICE Futures canola market was mostly unchanged on Monday morning, bouncing back slightly from overnight trading activity that showed a bias to the downside. Prices remain largely in a consolidation pattern. Improving growing conditions across North America mean markets are slowly starting to lose their […] Read more

North American Grain/Oilseed Review: ICE Closing Review: Strong finish for canola By Glen Hallick, MarketsFarm WINNIPEG, July 19 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Friday, due to crop conditions. A Winnipeg-based trader estimated canola crop conditions across the Prairies to be approximately 58 per cent good to excellent. “Which is […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 19 (MarketsFarm) – ICE Futures canola contracts were higher at midday Friday, due in part to crop conditions. A Winnipeg-based trader estimated canola crop conditions across the Prairies to be approximately 58 per cent good to excellent. “Which is not terrific, but a fairly decent crop in total,” he […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 19 (MarketsFarm) – The ICE Futures canola market was slightly stronger on Friday morning, amid strong trading activity and higher-than-average volumes. The market has continued its rally from Thursday. Uncertain North American weather forecasts have kept a weather premium in the market. The United States National Oceanic and Atmospheric […] Read more