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

By Glen Hallick, MarketsFarm WINNIPEG, May 14 (MarketsFarm) – Intercontinental Exchange futures canola contracts were off to a strong start in early trade Tuesday morning, as soybeans on the Chicago Board of Trade started with a bounce. That bounce was primarily due to slow pace of planting by farmers in the United States. The July […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 13 (MarketsFarm) – ICE Futures canola contracts were mixed at Monday’s close, with the most active July contract seeing a late correction off of earlier losses. Losses in Chicago Board of Trade soybeans and soyoil put spillover pressure on the canola market for most of the day, as heightened […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG – ICE Futures canola contracts were weaker at midday Monday, taking some direction from the falling Chicago Board of Trade soy complex. Soybeans dropped to their lowest levels in 10 years, as traders reacted to heightened trade tensions between the United States and China. Relatively favourable seeding weather across Western […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 13 (MarketsFarm) – ICE Futures canola contracts were falling in early trade Monday morning, as the heating up of the United States/China trade war has forced soybean bids down on the Chicago Board of Trade. Caught in the spillover, the July canola contract dropped C$3.60 at C$432.20 per tonne. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 10 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were down on Friday, with light volumes in trading. The negative effects from United States/China trade talks were felt in the canola market today, with spillover from soybeans on the Chicago Board of Trade. The July canola contract lost 90 […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 10 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Friday ahead of any possible volatility that could come later in trading, according to a Winnipeg-based trader. The United States Department of Agriculture releases its World Agriculture Supply and Demand Estimates at 11 CDT today. “They like to […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 10 (MarketsFarm) – ICE Futures canola contracts were weaker Friday morning, although activity was thin and choppy as participants await the release of the United States Department of Agriculture’s monthly supply/demand report. Strength in the Canadian dollar accounted for much of the early selling pressure, as the currency was […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 9 (MarketsFarm) – Intercontinental Exchange Futures canola contracts were down on Thursday, but recovered from larger losses earlier in the day. The July contract closed at C$436.70 per tonne after hitting C$434.00 per tonne at one point in the session. The November contract closed at C$450.30 after it fell […] Read more