By Glen Hallick, MarketsFarm WINNIPEG, July 9 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Tuesday, in a light volume of trading. “It’s just some spreaders pushing canola a little bit,” said a Winnipeg-based trader, noting there’s nothing big going on in the market. He said the United States markets were “jittery and […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 9 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, seeing some follow-through buying interest after Monday’s recovery off of contract lows. Ideas that recent losses were overdone contributed to the gains, with chart-based buying a feature. Persistent weather concerns in parts of Western Canada were also […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 8 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, recovering from last week’s losses as speculators covered some of their large net-short positions. Gains in Chicago soybeans and soyoil provided some spillover support for canola, with a slightly weaker tone in the Canadian dollar also underpinning […] Read more

WINNIPEG – ICE Futures canola contracts were holding within fifty cents of unchanged in the most active months at midday Monday, lacking any clear direction as traders digested the latest North American weather news. “It’s pretty quiet here,” said a Winnipeg-based trader, adding that participants were just watching the weather and waiting for some fresh […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 8 (MarketsFarm) – ICE Futures canola contracts were holding near unchanged Monday morning, seeing some consolidation to start the week after Friday’s drop to fresh lows. Ideas that recent losses were overdone accounted for some of the buying interest. Early gains in Chicago Board of Trade soybeans also provided […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 5 (MarketsFarm) – The ICE Futures canola market was weaker on Friday, hitting fresh contract lows as a move below nearby chart support triggered additional fund selling. Ongoing concerns over Chinese demand added to the softer tone. The losses were likely exaggerated by thinner volumes, with many participants still […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 5 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Friday, as losses in the Chicago Board of Trade soybeans weighed on values. Chart-based speculative selling was a feature, with the November contract trading right above major technical support. Improving moisture conditions in parts of Western Canada also […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 5 (MarketsFarm) – ICE Futures canola contracts were weaker Friday morning, seeing some follow-through selling after Thursday’s declines as the nearby technical bias has shifted to the downside. Early losses in the Chicago Board of Trade soy complex, as activity resumes in the United States markets after the Independence […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 4 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, dipping below nearby chart support in thin and choppy activity. Improving moisture conditions in parts of Western Canada accounted for some of the selling pressure. However, there are also still plenty of areas of concern across the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 4 (MarketsFarm) – ICE Futures canola contracts were posting small losses at midday Thursday in thin and choppy activity. Many traders kept to the sidelines with United States markets closed for the Independence Day holiday. The low volumes could lead to some volatility during the day, according to participants. […] Read more