By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, as speculators continued to cover their large short positions. A slight decline in visible supplies in the commercial handling system in the latest Canadian Grain Commission report was also supportive, according to a trader. However, he […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 31 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher in early trade Friday morning, for the sixth consecutive session. The July canola contract was up C$2.40 to C$461.50 per tonne. The November contract was up C$1.80 to C$447.80 per tonne. Dry conditions in parts of Western Canada […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 30 (MarketsFarm) – ICE Futures canola contracts were stronger on Thursday, but lagged behind Chicago Board of Trade soybeans as the Canadian oilseed ran into some resistance. Soybeans rallied on the back of bullish chart signals and seeding delays across the United States Midwest. Dryness concerns in parts of […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The ICE Futures canola market was holding near unchanged at midday Thursday, seeing some consolidation after trending higher for the past week. Continued strength in Chicago Board of Trade soybeans accounted for some of the spillover buying interest in canola, as speculators on both sides of […] Read more

By MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Brazil’s economy contracted by 0.2 per cent in the first quarter of 2019, marking the first decline since 2016. Economists are warning that another decline is possible in the second quarter, which would […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 30 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger in early trade Thursday morning in more moderate activity. The July canola contract was up C$3.30 to C$461.50 per tonne. The November contract was up C$2.50 to C$474.80 per tonne. Farmers planting fewer canola acres this year compared […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 29 (MarketsFarm) – ICE Futures canola contracts posted sizeable gains on Wednesday, with continued strength in the Chicago Board of Trade soy complex behind some of the spillover buying interest. While wet fields and seeding delays across the United States Midwest boosted soybean prices, canola found additional support from […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 29 (MarketsFarm) – ICE Futures canola contracts were up for the fourth straight session at midday Wednesday, as weather concerns in the United States Midwest continued to prop up the oilseeds. Seeding delays for the U.S. soybean crop kept Chicago Board of Trade soybeans pointed higher on Wednesday, which […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 29 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger in early trade Wednesday morning, due to spillover from a weather market on the Chicago Board of Trade. In heavy activity, the July canola contract gained C$4.70 to C$455.70 per tonne. The November contract was up C$4.60 to […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 28 (MarketsFarm) – ICE Futures canola contracts were up sharply on Tuesday, breaking out of their nearby trading range as a rally in Chicago Board of Trade grains and oilseeds provide support. Weather concerns across the Midwest sparked the buying interest in the United States futures, with excessive moisture […] Read more