Winnipeg, June 14 (MarketsFarm) – The ICE Futures canola market was weaker on Friday, with forecasts calling for much needed rain in some dry areas of Saskatchewan behind some of the selling pressure. Losses in Chicago Board of Trade soyoil, large old crop supplies and the persistent trade dispute with China also weighed on values. […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, June 14 (MarketsFarm) – The ICE Futures canola market was slightly lower at midday Friday. United States corn and soybean markets remained strong despite delayed planting and prolonged wet weather. One Winnipeg-based trader believed the large carryout from previous years may be keeping a lid on canola gains, despite crop […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 14 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger in early activity Friday morning, with wet conditions in the United States and dry conditions on the Prairies. Chicago Board of Trade soybean and corn prices are up due to planting concerns across a very drenched U.S. Midwest. […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, June 13 (MarketsFarm) – The ICE Futures canola market was mixed on Thursday, with losses in the nearby July contract but gains in the more deferred positions as persistent Prairie dryness concerns and excessive moisture in the United States provided support. The latest weekly crop report from Saskatchewan, released Thursday […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, June 13 (MarketsFarm) – The ICE Futures canola market was mainly up at midday Thursday, as markets remain watchful over inclement weather on either side of the border. Dry conditions in the Prairies, specifically Saskatchewan, continued to buoy canola prices. Further gains were caused by prevailing sentiments that soybean planting […] Read more

By MarketsFarm WINNIPEG, June 13 (MarketsFarm) The Canadian dollar was slightly weaker Thursday morning. At 8:50 CDT Wednesday morning the Canadian dollar was at US$0.7505 or C$1.3324 which compares with Wednesday’s North American close of US$0.7517 or C$1.3303. Two oil tankers were reportedly attacked in the Gulf of Oman, causing crude oil prices to climb […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 13 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger in early activity Thursday morning, following gains in the soy complex at the Chicago Board of Trade. The six to 10-day weather forecast for the United States Midwest has called for above average rainfall and below average temperatures, […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, June 12 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, taking some direction from Chicago Board of Trade soybeans. Soybeans were up sharply as wet weather across the Midwestern United States continued to stress crops and delay seeding. Meanwhile, a persistent lack of moisture in some key […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, June 12 (MarketsFarm) – Canola markets were following trends set by soybean prices, as worries of late planting weighed on the minds of traders and farmers alike. As corn planting comes to an end, prolonged wet weather has continued to delay soybean planting to the point where the growing season […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, June 12 (MarketsFarm) – The ICE Futures canola market was up at midday Wednesday, focusing back on weather after the United States Department of Agriculture World Agriculture Supply and Demand Estimates (WASDE) was released on Tuesday. Strong soybean gains buoyed canola markets, as soybean producers are concerned weather may keep […] Read more