By Glen Hallick, MarketsFarm WINNIPEG, April 29 (MarketsFarm) – ICE Futures canola contracts were mostly down in early trade Monday morning, as China’s import ban on Canadian canola continues to hurt bids. While the May canola contract was up 50 cents, at C$440.00 per tonne, the July contract fell C$1.80, at C$444.40 per tonne. Along […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – ICE Futures canola contracts were weaker on Friday, with the spread weighing on values. A Winnipeg-based trader commented rolling out of May into July was a major feature. Also weighing on values were: China’s ban on canola imports from Canada, a huge South American soybean crop, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Friday, with the July contract down more than the other contracts because of spreading, according to a Winnipeg-based trader. “Rolling out of May into July. I’ve been doing a lot of that this morning myself,” the trader said. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – ICE Futures canola contracts were narrowly mixed Friday morning, with losses in the front months and a firmer tone in the more deferred positions. Early weakness in the Chicago Board of Trade soy complex and a firmer tone in the Canadian dollar put some pressure on […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 25 (MarketsFarm) – ICE Futures canola contracts were stronger on Thursday, getting support from a number of factors in trading that had a good deal of volume. One of those factors was spillover from soybeans on the Chicago Board of Trade, which were up four U.S. cents on Thursday. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 25 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, due to a number of factors including the Canadian dollar, according to a Winnipeg-based trader. The May and July contracts were both up C$2.20, with May at C$441.30 per tonne and July at C$450.10 per tonne. The […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 25 (MarketsFarm) – ICE Futures canola contracts were holding onto small gains Thursday morning, as the market continued to stabilize near multi-year lows. A firm tone in Chicago Board of Trade soybeans and recent weakness in the Canadian dollar provided some additional support for canola. Expectations that actual seeded […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 24 (MarketsFarm) – ICE Futures canola contracts were stronger on Wednesday, as bids stepped away from contract lows. Canola received support from a weaker Canadian dollar and the Principal Field Crop Acreage report released by Statistics Canada earlier today. The Canadian dollar slipped to 74.15 U.S. cents by midafternoon […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 24 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Tuesday, as a lower Canadian dollar and the Statistics Canada acreage report provided support. The May contract gained C$1.20 at C$439.00 per tonne and the July contract was up C$1.30 at C$447.70 per tonne. The Canadian dollar is […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 24 (MarketsFarm) – ICE Futures canola contracts were firmer Wednesday morning, recovering off the lows hit Tuesday as the market found modest support from Statistics Canada’s first acreage estimates of the year. Statistics Canada forecast canola area in 2019 at 21.314 million acres, which would be down by 6.6 […] Read more