By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – ICE Futures canola contracts were posting small losses at midday Friday, although activity was thin and choppy. Losses in the Chicago Board of Trade soy complex accounted for some of the spillover selling pressure in canola amid ideas that delayed corn seeding in the Midwest will […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – Intercontinental Exchange futures canola contracts were weaker in early trade Friday morning, caught up in declines in the soy complex on the Chicago Board of Trade. The July canola contract was down C$1.70 at C$445.30 per tonne. The November contract dropped C$2.30 at C$456.70 per tonne. […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 16 (MarketsFarm) – ICE Futures canola contracts were stronger on Thursday, hitting their best levels in three weeks as gains in the Chicago Board of Trade soy complex provided support and speculators covered short positions. The need to keep some weather premiums in place as canola seeding progresses across […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 16 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, taking some direction from Chicago Board of Trade soybeans and soyoil. “It looks like we have some spring lows across the board,” said a Winnipeg-based trader on the day’s strength. He said weather concerns in the United […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 16 (MarketsFarm) – Intercontinental Exchange futures canola contracts were stronger in early trade Thursday morning, due to spillover from the soy complex on the Chicago Board of Trade. The July canola contract was up C$2.80 at C$444.30 per tonne. The November contract was also up C$2.80 at C$456.00 per […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 15 (MarketsFarm) – ICE Futures canola contracts settled with small losses on Wednesday, after a volatile trading session that saw prices bounce around within a wide range. Speculative short-covering provided support for much of the day, with a lack of significant farmer selling on the other side also underpinning […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 15 (MarketsFarm) – ICE Futures canola contracts were mostly lower at midday Wednesday, taking back their earlier gains as the market saw some consolidation after Tuesday’s corrective bounce. Weather-related concerns underpinning the Chicago Board of Trade soy complex provided some early spillover support for canola, according to an analyst. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 15 (MarketsFarm) – Intercontinental Exchange futures canola contracts were off to another strong start in early trade Wednesday morning, due to spillover from the Chicago Board of Trade soy complex. The July canola contract was up C$3.70 at C$446.00 per tonne. The November contract gained C$4.50 at C$458.20 per […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 14 (MarketsFarm) – ICE Futures canola contracts were stronger on Tuesday, taking some direction from Chicago Board of Trade soybeans and soyoil. The slow pace of spring seeding in the United States Midwest sparked a rally in the Chicago grain and oilseed markets, which encouraged some speculative short-covering in […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 14 (MarketsFarm) – ICE Futures canola contracts were up sharply at midday Tuesday, as a ‘turnaround Tuesday’ rally in the Chicago Board of Trade soy complex provided spillover support. “It’s a weather story,” said a trader noting that weather concerns in the United States Midwest triggered some speculative short […] Read more