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

By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 18 (MarketsFarm) – The ICE Futures canola market settled with small gains on Thursday, recovering from earlier losses as speculative positioning and production uncertainty provided support. While crop conditions are relatively favourable across much of Western Canada, development is highly variable with uncertain production prospects keeping a weather premium […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 18 (MarketsFarm) – ICE Futures canola contracts were narrowly mixed at midday Thursday in thin and choppy activity. Losses in Chicago Board of Trade soybeans and corn accounted for some of the spillover selling pressure in canola. Relatively favourable crop weather for much of Western Canada also weighed on […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 18 (MarketsFarm) – The ICE Futures canola market was slightly lower on Thursday morning, in higher-than-average trade volumes. The market was lower after a stronger day on Wednesday. Uncertain North American weather forecasts have kept a weather premium in the market. Traders are thought to be staying with a […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 17 (MarketsFarm) – The ICE Futures canola market was weaker at Wednesday’s close, after trading to both sides of unchanged in thin and choppy activity. Declines in Chicago Board of Trade soyoil and strength in the Canadian dollar put some pressure on values, as crush margins weakened. The large […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 17 (MarketsFarm) – ICE Futures canola contracts were holding onto small gains at midday Wednesday, as the market stabilized above nearby support. Gains in Chicago Board of Trade soybeans and corn, amid ideas that more land was unseeded in the United States than officially reported, accounted for some of […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, July 17 (MarketsFarm) – The ICE Futures canola market was slightly higher on Wednesday morning, in light volumes and choppy activity. The market rallied after bearish activity on Tuesday. While improving crop conditions pressured prices, there is still enough uncertainty regarding crop conditions to keep a weather premium in the […] Read more

Improving conditions weigh on corn and beans By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 16 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, but managed to settle above major support. Improving North American crop conditions accounted for much of the selling pressure, with losses in Chicago Board of Trade soybeans and bearish technical […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 16 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, nearing major chart support as losses in the Chicago Board of Trade soy complex weighed on values. Slight improvements in United States soybean and corn condition ratings likely accounted for some of the selling pressure in canola […] Read more