By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 17 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Wednesday, with much of the activity linked to participants rolling their positions out of the nearby May contract and into July. The May/July spread traded from C$7.10 to C$7.70 under, accounting for over three-quarters of the contracts traded […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 17 (MarketsFarm) – ICE Futures canola contracts were down in early trade Wednesday morning, as traders rolling out of May contracts into July continue to be a major feature. The May canola contract was down C$1.10, to be at C$453.40 per tonne, and the July contract lost C$1.40, to […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 16 (MarketsFarm) – ICE Futures canola contracts were weaker on Tuesday, although activity was thin and choppy with spreading the feature. Losses in Chicago Board of Trade soy complex and a steady tone in the Canadian dollar accounted for some of the selling pressure, as crush margins deteriorated on […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, taking some direction from Chicago Board of Trade soybeans. “Everything is working against canola today,” said a trader pointing to the bearish influence of soybeans, which were down 10 U.S. cents per bushel at midday, and the […] Read more

By MarketsFarm WINNIPEG, April 15 (MarketsFarm) The Canadian dollar was slightly weaker Tuesday morning, as Monday’s dovish business outlook survey from the Bank of Canada continued to pressure the currency. At 8:56 CDT Tuesday morning the Canadian dollar was at US$0.7478 or C$1.3319 which compares with Monday’s North American close of US$0.7488 or C$1.3354. Canadian […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – ICE Futures canola contracts were making gains in early trade Tuesday morning, with rolling May contracts into July a major feature. The May canola contract was up 40 cents to C$456.10 per tonne, and the July contract up 10 cents to C$463.80 per tonne. The possibility […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 15 (MarketsFarm) – ICE Futures canola contracts settled with small losses in the most active months on Monday, after posting gains for most of the session. Canola held within a narrow range, lacking any clear direction as participants await some fresh market moving data, according to a trader. Gains […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 15 (MarketsFarm) – ICE Futures canola contracts were narrowly mixed at midday Monday, although the bias was slightly higher in the most active months. “We’re stuck going nowhere,” said a canola trader on the range-bound activity. Gains in Chicago Board of Trade soybeans and a weaker tone in the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 15 (MarketsFarm) – ICE Futures canola contracts were steady in early trade Monday morning, with little to provide direction either way. The May canola contract was up 70 cents to C$457.00 per tonne and the July contract gained 40 cents to C$465.00 per tonne. Traders’ attention has been focused […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 12 (MarketsFarm) – ICE Futures canola contracts finished steady on Friday. A major feature of trading today was rolling out of the May contracts into July. Ongoing tensions between Canada and China continued to weigh on values, and the technical bias is to the downside. Prairie spring road bans […] Read more