Futures

By Glen Hallick, MarketsFarm WINNIPEG, June 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Friday with gains in the old crop July and new crop November contracts. There were declines in the other new crop positions, coming off of larger losses earlier in the session. Sharp losses in Chicago soybeans and soyoil […] Read more

WINNIPEG – The ICE Futures canola market and the Chicago soy complex were reeling in the aftermath of a United States Supreme Court decision earlier today, dropping prices for new crop canola and soybeans. While the July canola contract increased slightly, new crop canola contracts fell at least C$11 per tonne. In a 6-3 decision, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 25 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, although prices were backing away from their overnight highs as the Chicago Board of Trade soy complex turned mixed. Persistent Prairie weather concerns provided underlying support, with hot temperatures and only minimal precipitation in the forecasts over […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Thursday with gains in old crop July, and the new crop contracts coming well off of their lows from earlier in the session. Chicago soyoil turned around to finish higher, but downward pressure came from declines in European […] Read more

WINNIPEG – The ICE Futures canola market was diverging at midday Thursday. The July canola contract continued to rise amidst tight supply and warm weather concerns, while new crop contracts were declining in the single digits. The July canola contract was not increasing at a similar pace to yesterday when it topped off at its […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 24 (MarketsFarm) – The ICE Futures canola market was mostly weaker Thursday morning, taking back some of Wednesday’s gains amid ideas the rally was overdone. Early losses in the Chicago Board of Trade soy complex contributed to the selling pressure in canola. Malaysian palm oil and European rapeseed futures […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 24 (MarketsFarm) – The Canadian dollar was slightly lower Thursday morning, as crude oil prices slipped back while the United States dollar held relatively firm. As of 8:35 CDT, the Canadian dollar was at US$0.8126 or C$1.2305 compared to Wednesday’s close of US$0.8139 or C$1.2287. On the U.S. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger as they finished at the daily limit in the July, November and January contracts on Wednesday. The March contract also reached the upper limit but stepped back a little. Prairie weather forecasts have called for increased temperatures and very […] Read more

WINNIPEG, June 23 (MarketsFarm) – The ICE Futures canola market was rising by the double digits at midday Wednesday as the weather forecast for Saskatchewan and Alberta calls for temperatures exceeding 30 degrees Celsius next week. The July canola contract was moving higher than the new crop contracts and may soon reach its daily limit […] Read more

WINNIPEG, June 23 (MarketsFarm) – The ICE Futures canola market was rising by the double digits at midday Wednesday as the weather forecast for Saskatchewan and Alberta calls for temperatures exceeding 30 degrees Celsius next week. The July canola contract was moving higher than the new crop contracts and may soon reach its daily limit […] Read more