Futures

WINNIPEG – The ICE Futures canola market was on the rise at midday Friday, but a strengthening Canadian dollar brought downward pressure as American traders positioned themselves ahead of Independence Day weekend. Despite temperatures exceeding 30 degrees Celsius over the weekend with some precipitation forecast in the Prairies, gains for canola were limited to between […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Friday morning, as trading resumed following Canada Day. The heat continues to be felt on the Prairies with temperatures above 30 Celsius across the region as the heat dome moves eastward. There is very little chance of rain […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 30 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, as a rally in the Chicago Board of Trade soy complex on the back of a pair of bullish reports provided support. Acreage and quarterly stocks numbers from the United States Department of Agriculture sparked a rally […] Read more

WINNIPEG – New crop contracts in the ICE Futures canola market were in liquidation mode at midday Wednesday as traders positioned themselves before the United States Department of Agriculture released its acreage report. New crop canola contracts were dropping by more than C$20 per tonne. One Winnipeg-based trader explained that Statistics Canada’s acreage report released […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were pulling back on Wednesday morning, after new crop contracts hit fresh highs yesterday. Ahead of today’s trading, ICE lowered the daily limit for canola to C$30 per tonne. There were declines in Chicago soybeans and soyoil, as well as European […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 29 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, hitting fresh contract highs in the new crop months as consistent concerns over hot and dry Prairie weather kept the bias to the upside. Record high temperatures were being reported in Western Canada this week, with little […] Read more

WINNIPEG – The ICE Futures canola market was higher at midday Tuesday, with the lightly-traded old crop July contract testing the new daily limit. On Monday, ICE raised the daily limit for canola contract from C$30 per tonne to C$45/tonne. While new crop contracts were not surpassing the old limit, they still increased by double-digits. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were significantly stronger on Tuesday morning, as the weather across the Prairies remains very hot with little possibility of rain. While Lytton, B.C. was just short of 48 Celsius, temperatures in the western Prairies rose well into the mid to high […] Read more

WINNIPEG – The ICE Futures canola market was mostly higher at midday Monday, but both it and the Chicago soy complex received support from hot and dry weather in North American growing areas. While the lightly-traded July canola contract dropped more than C$20 per tonne ahead of its expiry, both the November and January new […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly on the rise Monday morning, as hot, dry weather on the Prairies continued to stress crops. There were declines in the soon-to-expire old crop July contract. For the next several days, temperatures throughout the region will be pushing well […] Read more