By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 2 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Thursday, testing fresh multi-year lows for the fourth-straight session as bearish chart signals kept speculators on the sell side. Losses in the Chicago Board of Trade soy complex contributed to the weaker tone in canola, as soybeans reacted […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 2 (MarketsFarm) – ICE Futures canola contracts were down trading in early trade Thursday morning, pushing to new contract lows. The July contract was down C$2.20 at C$434.20 per tonne. The November contract was down C$2.30 at C$448.20 per tonne. The federal government’s changes to the Advance Payments Program […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 1 (MarketsFarm) – ICE Futures canola contracts continued their downward slide of the past week on Wednesday, as speculators remained on the sell side adding to their large short positions. In addition to the bearish chart signals, losses in Chicago Board of Trade soyoil, large old crop supplies, and […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 1 (MarketsFarm) – ICE Futures canola contracts were trading at fresh contract lows for the third-straight session at midday Wednesday, as bearish technical signals kept speculators on the sell side. Losses in the Chicago Board of Trade soy complex accounted for some spillover selling in canola, according to a […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 1 (MarketsFarm) – ICE Futures canola contracts were down trading in early trade Wednesday morning, pushing to new contract lows so far. The July contract was down C$1.10 at C$440.10 per tonne. The November contract was down 90 cents at C$454.60 per tonne. The federal government announced plans this […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 30 (MarketsFarm) – ICE Futures canola contracts fell to fresh contract lows on Tuesday, as losses in the Chicago Board of Trade soy complex and strength in the Canadian dollar weighed on values. The ongoing trade tensions between Canada and China remained the major bearish influence on canola, with […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 30 (MarketsFarm) – ICE Futures canola contracts were mostly lower at midday Tuesday, hitting fresh contract lows as losses in the Chicago Board of Trade soy complex and the ongoing concerns over Chinese demand weighed on values. The deteriorating trade relations between Canada and China was the major bearish […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 30 (MarketsFarm) – ICE Futures canola contracts were up in early trade Tuesday morning with a light volume. The July contract was up by 70 cents at C$445.60 per tonne. The November contract gained C$1.20 at C$460.10 per tonne. Bids tested key support levels in trading on Monday, but […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 29 (MarketsFarm) – ICE Futures canola contracts were weaker on Monday, with the spread weighing on values especially for the front months. The May contract lost C$1.40 at C$438.10 per tonne and the July contract fell C$1.30 at C$444.90 per tonne. China’s ban on canola imports from Canada and […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – ICE Futures canola contracts were mixed at midday Monday, with bids up for May, November and January, but down for July. “May is the feature with short covering as we get into the last little bit of the May contract,” said a Winnipeg-based trader. While July […] Read more