By Phil Franz-Warkentin, MarketsFarm Winnipeg, June 28 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, as a rally in Chicago Board of Trade soybeans provided support. Updated acreage estimates from the United States Department of Agriculture came in well below expectations for soybeans, pegging this year’s U.S. crop at only 80 million […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 28 (MarketsFarm) – The ICE Futures canola market held near unchanged in the most active months in light trade at midday Friday, as participants await the latest acreage estimates from the United States Department of Agriculture. The USDA acreage and stocks reports will be released at 11:00 CDT and […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 28 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were mostly steady Friday morning, in small volumes of activity. With the G20 Summit underway in Japan this morning, Canada’s Foreign Affairs Minister Chrystia Freeland commented Canadian officials have been working behind the scenes with Chinese officials on issues between […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 27 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mostly lower on Thursday, in the new crop months. The rise in the Canadian dollar this week spurred a sell-off of canola, according to a Winnipeg-based trader. However, the markets have largely stabilized and have been looking for direction. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 27 (MarketsFarm) – ICE Futures canola contracts were steady at midday Thursday in light activity. “There’s been lots of chopping and jerking around in the last week or two. It’s just a matter to see how things pan out. There are lots of unknowns and a lot of uncertainties […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 27 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger Thursday morning, with light volumes of activity. There still remains something of a weather premium for canola, which has been supportive of values. Also, there has been speculation that bids are due for a bounce. Although Canadian Prime […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, June 26 (MarketsFarm) – The ICE Futures canola market moved lower on Wednesday, hitting their lowest levels in over a month as bearish technical signals and heightened concerns over Chinese trade weighed on values. China has now banned all imports of Canadian pork and beef, as the diplomatic dispute between […] Read more

WINNIPEG, June 26 (MarketsFarm) – The ICE Futures canola market weaker at midday Wednesday, as bearish technical signals and heightened concerns over Chinese trade weighed on values. China has now banned all imports of Canadian pork and beef, as the diplomatic dispute between the two countries shows no signs of resolving anytime soon. Losses in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 26 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker in early activity Wednesday morning, as traders look to get out of their July contracts. Also, the weather forecast for the Prairies has called for more rain over part of all three provinces today and into the weekend, […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, June 25 (MarketsFarm) – The ICE Futures canola market was down sharply on Tuesday, breaking below nearby chart support as speculators turned to the sell side. Recent rainfall across Western Canada accounted for some of the selling pressure, as dryness concerns have alleviated somewhat. Losses in Chicago Board of Trade […] Read more