Futures

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Tuesday, with losses in the front months and gains in the more deferred positions. Declines in the Chicago soy complex and European rapeseed weighed on values, which received a small measure of support from gains in Malaysian palm […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Tuesday, as they continued to follow the Chicago soy complex to the downside. There were also declines in European rapeseed, but slight gains in Malaysian palm oil. A trader commented there has been a negative bias towards […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, seeing a correction to start the day amid ideas Monday’s losses were overdone. The tight supply situation was also supportive, as traders continued to react to Monday’s production estimates from Statistics Canada. Canola production was estimated at […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were down mostly on Monday, although losses had backed well away from earlier lows. The more significant losses came in the front months while the more deferred positions were mixed. Weakness in the Chicago soy complex proved to be stronger over […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Monday, as weakness in the Chicago soy complex weighed on value. A trader said there wasn’t much a reaction in the markets regarding the long-awaited production report from Statistics Canada. The federal agency dropped its call on […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG–The ICE Futures canola market was lower Monday morning, retreating from earlier gains as spillover from the Chicago Board of Trade soy complex countered the supportive influence of Statistics Canada’s production estimates. Using satellite imagery and model-based data, the government agency pegged the 2021/22 Canadian canola crop at 14.7 million tonnes, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The ICE Futures canola market was weaker on Friday, as traders squared positions ahead of the weekend and a key Statistics Canada production report on Monday. The government agency will release its first production estimates for the 2021/22 crop on Monday morning, Aug. 30. Traders generally […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The ICE Futures canola market was weaker at midday Friday, as traders squared positions ahead of the weekend and a key Statistics Canada production report on Monday. The government agency will release its first survey-based production estimates for the 2021/22 crop on Monday morning, Aug. 30. […] Read more

By MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The Canadian dollar was holding relatively steady Friday morning, awaiting some fresh market moving news. At 9:25 a.m. CDT Friday morning, the Canadian dollar was at US$0.7909 or US$1=C$1.2644 which compares with Thursday’s North American close of US$0.7905 or US$1=C$1.2651. The United States Federal Reserve is holding an […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower Friday morning, due to losses in the Chicago soy complex, European rapeseed and Malaysian palm oil. The markets will be positioning ahead of the Statistics Canada production report on Monday. Expectations range from 11.5 million to 16 million tonnes […] Read more