By Glen Hallick, MarketsFarm WINNIPEG, April 12 (MarketsFarm) – ICE Futures canola contracts were up at midday Friday, as rolling May contracts into July was a very significant feature, according to a Winnipeg-based trader. The May and July contracts gained C$2.00, with May at C$458.20 per tonne and July at C$466.30 per tonne The trader […] Read more
ICE canola midday: Spread spurs bounce in prices
North American Grain/Oilseed Review: Canola trades either side of steady
By Glen Hallick, MarketsFarm WINNIPEG, April 11 (MarketsFarm) – ICE Futures canola contracts traded either side steady on Thursday, as there was little to move prices either way. A big feature on Thursday was traders rolling out of their May contracts in large numbers. Weighing on values were the ongoing Canada/China dispute and a very […] Read more
ICE canola midday: Regular trade provides little direction
By Glen Hallick, MarketsFarm WINNIPEG, April 11 (MarketsFarm) – ICE Futures canola contracts were steady at midday Thursday, as there continues to be little to push prices either way, said a Winnipeg-based analyst. “It’s regular trade and regular random noise in the market,” he said. The May contract gained 40 cents to C$456.40 per tonne. […] Read more
ICE canola steady Thursday morning
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 11 (MarketsFarm) – ICE Futures canola contracts were holding steady Thursday morning, as the market continues to hold within a narrow trading range looking for some direction. Chicago Board of Trade soybeans and soyoil were posting small losses to start the day, which put some spillover pressure on the […] Read more
North American Grain/Oilseed Review: : Nothing major to push bids either way
By Glen Hallick, MarketsFarm WINNIPEG, April 10 (MarketsFarm) – ICE Futures canola contracts traded either side steady on Wednesday, as there was little to move prices either way. Such will remain the case unless there is a breakthrough in the Canada/China dispute or a final deal in United States/China trade talks. Also, a major weather […] Read more
ICE canola midday: Not much to move prices Wednesday
By Glen Hallick, MarketsFarm WINNIPEG, April 10 (MarketsFarm) – ICE Futures canola contracts were up slightly at midday Wednesday, as there has been very little to influence the market either way, said a Winnipeg-based trader. The May contract was up by 70 cents at C$456.00 per tonne. Until the Canada/China dispute is resolved, and canola […] Read more
ICE canola steady Wednesday morning
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 10 (MarketsFarm) – ICE Futures canola contracts were holding near unchanged Wednesday morning in thin and choppy activity. The Chicago Board of Trade soy complex was narrowly mixed to start the day, with small gains in soybeans and losses in soyoil. Ongoing uncertainty over Chinese demand for Canadian canola […] Read more
North American Grain/Oilseed Review: Canola mixed on Tuesday
By Glen Hallick, MarketsFarm WINNIPEG, April 9 (MarketsFarm) – ICE Futures canola contracts were steady at the end of trading on Tuesday, with small gains for the front months and small losses for the November and January contracts. The May canola contract gained 80 cents to close at C$455.30 per tonne. Weighing on values were […] Read more
ICE canola midday: Very little to move the market
By Glen Hallick, MarketsFarm WINNIPEG, April 9 (MarketsFarm) – ICE Futures canola contracts were down slightly at midday Tuesday, as there isn’t much to move the markets either way, said a Winnipeg-based trader. “We may be fairly sleepy for a while here,” the trader commented about canola, but trading is livelier with other commodities. “There’s […] Read more
ICE canola mixed ahead of USDA report
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 9 (MarketsFarm) – ICE Futures canola contracts were holding within a dollar or so of unchanged Tuesday morning, lacking any clear direction as traders were reluctant to push values too far one way or the other ahead of the United States Department of Agriculture’s monthly supply/demand report out later […] Read more