By Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Friday, due to what a Winnipeg-based trader deemed to be “regular activity” along with lower soybean prices on the Chicago Board of Trade. The dry conditions across most of Western Canada have meant canola is getting a […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – ICE Futures canola contracts were steady to lower at midday Friday, in what a Winnipeg-based trader deemed “regular trading activity.” Due to dry conditions across Western Canada, canola was still getting a weather premium. Rain has been forecast for the weekend in most of the region, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – ICE Futures canola contracts were weaker Friday morning, taking back some of Thursday’s gains as traders adjust positions ahead of the weekend. Losses in the Chicago Board of Trade soy complex and forecasts calling for much needed rainfall in parts of Western Canada contributed to the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 6 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Thursday, after showing some independent strength and with spillover from soyoil on the Chicago Board of Trade. The July canola contract rose by C$4.50 at C$454.70 per tonne. The November contract gained C$4.20 at C$467.10 per tonne. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 6 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, showing approximately C$1 to C$2 of independent strength, according to a Winnipeg-based trader. The main reason for the bounce has been the weather forecast, he said. While Alberta has been getting rain today, the forecast for Saskatchewan […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 6 (MarketsFarm) – ICE Futures canola contracts were holding relatively steady Thursday morning, bouncing around both sides of unchanged as traders tried to get a better handle on the Prairie moisture situation. Forecasts calling for some much needed rain in some dry areas of Western Canada accounted for some […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 5 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Wednesday, due to planting progress in the United States, according to a Winnipeg-based analyst. The July canola contract fell C$2.90 at C$450.20 per tonne. The November contract dropped C$3.40 at C$462.90 per tonne. With a window of […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 5 (MarketsFarm) – ICE Futures canola contracts were steady to slightly lower at midday Wednesday, as planting progress in the United States is reportedly accelerating, according to a Winnipeg-based analyst. The July contract was down 10 cents at C$453.00 per tonne. The November contract was down 60 cents at […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 5 (MarketsFarm) – ICE Futures canola contracts were weaker Wednesday morning, seeing some follow-through selling after Tuesday’s lower close. Losses in Chicago Board of Trade soybeans and forecasts calling for some much needed moisture in some dry areas of Western Canada accounted for some of the selling pressure, according […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 3 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Tuesday, in a light volume of trading. The July canola contract was down C$2.20 at C$453.10 per tonne. The November contract was down C$2.30 at C$466.30 per tonne. The Canada/China dispute and large supplies have continued to […] Read more