By Glen Hallick, MarketsFarm WINNIPEG, March 26 (MarketsFarm) – ICE Futures canola contracts were down at midday Tuesday, following news that Viterra Inc. has become the second Canadian grain company to lose its ability to sell canola to China. Chinese authorities alleged Viterra’s canola was contaminated with hazardous pests. By midday, the May canola was […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 26 (MarketsFarm) – ICE Futures Canola contracts were down Tuesday morning, following the announcement that Viterra Inc. is now the second Canadian grain company to lose its ability to export canola to China. The May canola contract was down $6.80 to $449.90 per tonne in early trading. As with […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – SOYBEAN futures at the Chicago Board of Trade were stronger on Monday. United States soybean prices have remained above both Brazil and Argentina’s export offers, which has limited buying outside of China, after pledging to buy more U.S. soybeans to complete a trade deal. China reduced […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – SOYBEAN futures at the Chicago Board of Trade were stronger on Monday. United States soybean prices have remained above both Brazil and Argentina’s export offers, which has limited buying outside of China, after pledging to buy more U.S. soybeans to complete a trade deal. China reduced […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – ICE Futures canola contracts were up at midday Friday, as market was having a bounce according to a Winnipeg-based trader. “We’re a good $9 off of the lows on the overnights,” he said. The Commitment of Traders, he noted, showed that spec and short funds had […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – ICE Futures Canola contracts were up Monday morning, as Friday’s drop in prices has left canola prices due for a bounce, according to a report. The May canola contract was up $4.30 to $458.20 per tonne. Also providing support were spring road bans on the Prairies, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – ICE Futures canola contracts were weaker significantly the end of trading on Friday, due to comments from the Canola Council of Canada. The council issued a press release on Thursday after the markets closed, which said China had ceased purchasing canola from Canada. While previous contracts […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – ICE Futures canola contracts are down significantly at midday Friday, following yesterday’s statement from the Canola Council of Canada that said China is no longer buying canola from Canada. The council’s statement said previous sales to China are still being carried, but there haven’t been any […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – ICE Futures canola contracts were down sharply Friday morning, amid renewed concerns over Chinese demand. China is reportedly buying no Canadian canola right now, according to a release from the Canola Council of Canada. “While there was some initial optimism that Chinese concerns with canola trade […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 21 (MarketsFarm) – ICE Futures canola contracts made strong gains at the end of trading on Thursday. The Canadian dollar remained under 75 U.S. cents for most of Thursday, as lower crude oil prices weighed on values. The slide in the dollar was not felt until late in trading. […] Read more