By Glen Hallick, MarketsFarm WINNIPEG, April 8 (MarketsFarm) – ICE Futures canola contracts were weaker at the end of trading on Monday. Much of the trade for the day pertained to the spread, according to a Winnipeg-based trader. He commented the technical bias has shifted to the downside and spec funds remained short. The ongoing […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 8 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Monday, as a Winnipeg-based trader described trading as “pretty lifeless.” The main feature so far today, he said, has been the spread with July contracts out-trading May contracts. Spec funds remain short and the technical bias has shifted […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 8 (MarketsFarm) – ICE Futures canola contracts were weaker Monday morning, although activity was thin and choppy. Early weakness in Chicago Board of Trade soyoil and a firmer tone in the Canadian dollar contributed to the selling pressure in canola, according to participants. Ongoing uncertainty over Chinese demand also […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 5 (MarketsFarm) – ICE Futures canola contracts settled narrowly mixed on Friday, with losses in the front months and gains in the new crop contracts as traders squared positions ahead of the weekend. Declines Chicago Board of Trade soybeans and ongoing uncertainty over Canada’s trade dispute with China weighed […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 5 (MarketsFarm) – ICE Futures canola contracts were mostly lower at midday Friday, with the largest losses in the nearby contracts as the old-new crop spreads widened out. Losses in Chicago Board of Trade soybeans put some spillover pressure on canola. Ongoing uncertainty over Canada’s trade dispute with China […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 5 (MarketsFarm) – ICE Futures canola contracts were down in early trade Friday morning, along with soybeans on the Chicago Board of Trade. The May canola contract was down C$1.20 to C$456.80 per tonne. There has been a negative reaction to comments made by United States President Donald Trump […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 4 (MarketsFarm) – ICE Futures canola contracts ended higher on Thursday, after trading to both sides of unchanged in choppy activity throughout the session. Gains in Chicago Board of Trade soybeans and soyoil provided some underlying support, amid increasing optimism over the possibility of a trade deal between the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 4 (MarketsFarm) – ICE Futures canola contracts were narrowly mixed at midday Thursday, lacking any clear direction. Gains in Chicago Board of Trade soybeans provided some underlying support, amid increasing optimism over the possibility of a trade deal between the United States and China. However, Canada’s own trade dealings […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 4 (MarketsFarm) – ICE Futures canola contracts were up in early trade Thursday morning, getting some support from increasing soybean prices on the Chicago Board of Trade. The May canola contract was up C$2.00 to C$457.40 per tonne. With United States/China trade negotiations underway in Washington, there has been […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 3 (MarketsFarm) – ICE Futures canola contracts were weaker on Wednesday, posting losses for the first time in five days as speculative short-covering dried up and the bearish underlying fundamentals weighed on prices. Large old crop supplies and the ongoing uncertainty over Chinese demand accounted for much of the […] Read more