By Glen Hallick, MarketsFarm WINNIPEG, April 23 (MarketsFarm) – ICE Futures canola contracts fell on Tuesday, hitting new contract lows for a third consecutive day amid heavy trading. Canola bids followed U.S. soybeans on a downward slide. Even a weaker loonie wasn’t able to support canola prices on Tuesday. The May and July contracts dropped […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 23 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, with a lower Canadian dollar tempering losses. The May contract slipped 50 cents at C$442.60 per tonne and the July contract was down 90 cents at C$450.50 per tonne. “If it wasn’t for the Canadian dollar, we’d […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 23 (MarketsFarm) – ICE Futures canola contracts were posting small losses Tuesday morning, retreating from overnight gains as the path of least resistance remains pointed lower. Losses in the Chicago Board of Trade soy complex and ongoing uncertainty over trade relations between Canada and China also weighed on values. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – ICE Futures canola contracts finished much weaker on Monday hitting new contract lows, as trading resumed following the Easter long-weekend. The May contract lost C$6 to close at C$443.10 per tonne on Monday. The July contract fell C$5.80 to finish at C$451.40 per tonne. A Winnipeg-based […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Monday, as the path of least resistance continues to grind lower, said a Winnipeg-based trader. The May contract was down C$4.10 at C$445.00 per tonne, while the July contract lost C$3.90 at C$453.30 per tonne. “The commodity fund […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – ICE Futures canola contracts were weaker Monday morning, seeing some follow-through selling to start the week after Thursday’s drop to fresh contract lows. Early losses in Chicago Board of Trade soybeans and a firmer tone in the Canadian dollar contributed to the weakness in canola, according […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 18 (MarketsFarm) – ICE Futures canola contracts fell to fresh contract lows on Thursday, retreating from earlier gains as the ongoing trade tensions with China had speculators on the sell side ahead of the long weekend. Markets will be closed on April 19 for Good Friday. While the path […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 18 (MarketsFarm) – ICE Futures canola contracts were holding onto small gains at midday Thursday, finding some support from advances in Chicago Board of Trade soyoil. A lack of significant farmer selling and expectations for reduced Canadian canola acres this spring also underpinned the futures. Statistics Canada releases its […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 18 (MarketsFarm) – ICE Futures canola contracts were down in early trade Thursday morning, with volumes lighter than what has been experienced this week. The May canola contract was down 30 cents, at C$450.90 per tonne. The July contract also slipped 30 cents, at C$458.40 per tonne. The Intercontinental […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 17 (MarketsFarm) – ICE Futures canola contracts were weaker on Wednesday, nearing major chart support as bearish technical signals and spillover from the losses in Chicago Board of Trade soybeans weighed on values. The ongoing trade tensions with China and lack of progress on that front also weighed on […] Read more