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

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 4 (MarketsFarm) – ICE Futures canola contracts were holding near unchanged Thursday morning, lacking any clear direction as many traders kept to the sidelines with United States markets closed for the Independence Day holiday. The November contract was trading right above nearby chart support around C$450 per tonne. While […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 3 (MarketsFarm) – The ICE Futures canola market moved lower in most months on Wednesday. A stronger tone in the Canadian dollar and improving crop prospects in parts of Western Canada contributed to the declines. However, gains in the Chicago Board of Trade soy complex helped temper the losses. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 3 (MarketsFarm) – ICE Futures canola contracts were slightly weaker at midday Wednesday, retreating from earlier gains as the market consolidated right above major chart support. A stronger tone in the Canadian dollar and improving crop prospects in parts of Western Canada contributed to the declines in canola, according […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 3 (MarketsFarm) – ICE Futures canola contracts were posting small gains Wednesday morning, seeing a modest correction after Tuesday’s declines. Strength in Chicago Board of Trade soybeans provided some spillover support for canola, as traders in the United States were squaring positions ahead of the Fourth of July holiday. […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, July 2 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, as chart-based selling and spillover from the losses in Chicago Board of Trade soybeans weighed on values. Soybeans were down on Monday, when the canola market was closed for Canada Day, and remained pointed lower today. Speculators […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 2 (MarketsFarm) – The ICE Futures canola market was weaker Tuesday morning, testing nearby support as losses in Chicago Board of Trade soybeans weighed on values. The most-active November contract briefly traded below the psychological C$450 per tonne level, which encouraged more speculative selling, according to a broker. Scattered […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 2 (MarketsFarm) – ICE Futures canola contracts were weaker Tuesday morning, taking some direction from the Chicago Board of Trade soy complex. Soybeans settled lower on Monday, when the canola market was closed for Canada Day, and remained pointed lower on Tuesday. Improving moisture conditions in parts of Western […] Read more