Futures

WINNIPEG – The ICE Futures canola market suffered its largest losses of the week at midday Thursday as contracts had either hit or were approaching limit down. The July canola contract has also fallen below the C$800 per tonne mark. A Winnipeg-based trader stated that recent rains had brought downward pressure on the market, despite […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Thursday morning, as bearish signals continued to drive down prices. Chicago soybeans and soyoil were in steep decline while soymeal incurred minor losses. There were sharp pull backs in European rapeseed as well, but those for Malaysian palm […] Read more

WINNIPEG – The ICE Futures canola market was sharply weaker at midday Wednesday in sympathy with the Chicago soy complex. Canola futures have lost more than C$18 per tonne, with the most active November contract threatening to drop below the C$700/tonne mark. A Winnipeg-based trader attributed the fall to recent rains in the Prairies, the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued to pull back on Wednesday morning, generating so far the fourth consecutive day of losses in the old and new crop contracts. There were declines in Chicago soybeans and soyoil, while soymeal made modest increases. European rapeseed and Malaysian palm […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 15 (MarketsFarm) – The ICE Futures canola market was weaker for the third-straight session on Tuesday, taking some direction from Chicago Board of Trade soybeans. Recent rains across Western Canada have helped take some of the weather premium out of the market. However, the downtrend was showing signs of […] Read more

WINNIPEG – The ICE Futures canola market weakened in both old and new crop contracts at midday Tuesday in concert with soybeans, but losses stayed within the single digits. Old crop soybeans fell less than five cents per bushel on Tuesday and none of the new crop contracts fell more than 20 cents/bu. Meanwhile, soyoil […] Read more

By MarketsFarm WINNIPEG, June 15 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning, with sharp losses in copper said to be behind some of the weakness in the currency. Positioning ahead of the latest interest rate policy announcement from the United States Federal Reserve on Wednesday was another feature in the financial markets. At […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Tuesday morning, due to the Prairie weather. Above normal temperatures are expected across much of the region today with cooler weather to follow in the coming days. As the week progresses, any rain for the Prairies will be […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 14 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, dropping in sympathy with the Chicago Board of Trade soy complex as North American weather forecasts turn more moderate. Chart-based selling contributed to the declines, with some stops likely hit on the way down. Recent rains in […] Read more

WINNIPEG – The ICE Futures canola market was sharply weaker in both old and new crop contracts at midday Monday in support of losses in the Chicago Board of Trade soy complex. Soybean contracts were losing at least 33 cents per bushel as forecast rains in soybean-growing regions of the United States and recent rains […] Read more