By Glen Hallick, MarketsFarm WINNIPEG, March 4 (MarketsFarm) – ICE Futures canola contracts were up Monday morning, following sharp losses on Friday. Canola futures this morning were up approximately C$2 to C$3 per tonne, with the May contract at C$463.20 per tonne. Recent weakness in canola, relative to its production value, could generate commercial bargain […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, March 1 (MarketsFarm) – ICE Futures canola contracts ended with sharp losses in the front months after a volatile trading day on Friday. Concerns over declining Chinese demand sparked a selloff in the old crop contracts, as traders bailed out of long positions or added to their shorts. With Chinese […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 1 (MarketsFarm) – ICE Futures canola contracts were down sharply at midday Friday, hitting their lowest levels since October 2016 as concerns over Chinese demand weighed on prices. China is reportedly getting stricter on issuing GMO certifications for canola oil and meal imports from Canada, amid heightened political tensions […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 1 (MarketsFarm) – ICE Futures canola contracts were mostly on the downside in early trading on Friday morning, with a number of factors weighing on values. Other than the November contract, canola futures this morning were down approximately C$1 to C$2 per tonne, with the May contract at C$466.80 […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Feb. 28 (MarketsFarm) – ICE Futures canola contracts were weaker on Thursday, hitting fresh contract lows for the fourth straight day this week as bearish technical signals kept speculators on the sell side once again. Large supplies of unpriced canola sitting in farmers’ bins across the Prairies likely added to […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 28 (CNS Canada) – ICE Futures canola contracts were weaker at midday Thursday, continuing their downward slide of the past week to hit fresh contract lows. “It feels heavy in canola,” said a trader on the continued speculative selling. He said large supplies of unpriced canola […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 28 (MarketsFarm) – ICE Futures canola contracts were down in early trading on Thursday morning, as technical signals point towards the downside. Canola futures for this morning fell approximately C$1 to C$2 per tonne, with the May contract at C$471.90 per tonne. Export demand for Canadian canola still remains […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Feb. 27 (MarketsFarm) – ICE Futures canola contracts were mixed on Wednesday, with losses in the front months and a firmer tone in the more deferred positions. Bearish technical signals and speculators adding to short positions accounted for much of the weakness in the most active nearby contracts, with prices […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 27 (CNS Canada) – ICE Futures canola contracts were mostly weaker at midday Wednesday, as bearish technical signals kept speculators adding to their short positions. Strength in the Canadian dollar and weakness in Chicago Board of Trade soyoil added to the softer tone in canola. Large […] Read more

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 27 (CNS Canada) – ICE Futures canola contracts were down slightly in early trading on Wednesday morning, as the technical bias continues to remain on the downside. Although there are reports that canola may be due for a bounce following yesterday’s losses. Canola futures for this […] Read more