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

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 3 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Wednesday, taking back some of their recent gains. Losses in Chicago Board of Trade soyoil and a firmer tone in the Canadian dollar accounted for some of the weakness in canola. Large old crop supplies and the ongoing […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 3 (MarketsFarm) – ICE Futures canola contracts for the front months were down slightly in early trade Wednesday morning, with few influences so far to push prices either way. The May contract lost 80 cents to C$457.90 per tonne. However that may change as the day progresses, as a […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 2 (MarketsFarm) – ICE Futures canola contracts were stronger on Tuesday in choppy trade, as the market continued to recover from the lows hit last week. Weakness in the Canadian dollar and strength in Chicago Board of Trade soyoil contributed to the firmer tone, according to participants. However, canola […] Read more

WINNIPEG – ICE Futures canola contracts were stronger at midday Tuesday, as the market continued to recover off of the nearby lows hit in late-March. Weakness in the Canadian dollar and strength in Chicago Board of Trade soyoil contributed to the firmer tone in canola on Tuesday, according to a broker. However, the market remains […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 1 (MarketsFarm) – ICE Futures canola contracts were stronger on Monday, taking some direction from the Chicago soy complex. Speculators covering their large short positions accounted for some of the buying interest, according to participants. Spring road bans and a lack of significant farmer selling provided additional support. However, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 1 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Monday, taking some direction from Chicago Board of Trade soybeans and soyoil. Speculative short-covering accounted for some of the buying interest, with intermonth spreading another feature as participants were starting to roll out of the nearby March contract, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 1 (MarketsFarm) – ICE Futures canola contracts were trading either side of steady in early trade Monday morning, with little fresh news to push bids in one direction. Support has continued to come from spring road bans across Western Canada, improved crush margins which is making canola oil more […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 29 (MarketsFarm) – ICE Futures canola contracts were steady at the end of trading on Friday. Earlier in the day, the May canola contract hit C$459.60 per tonne, by slipped back to C$455.30 per tonne for a gain of 10 cents compared to yesterday’s close. A Winnipeg-based trader said […] Read more