Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 4 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, boosted by gains in the Chicago Board of Trade soy complex. Soyoil was posting triple-digit gains, retesting the 10-year highs hit on Thursday before profit-taking came forward. Hot and dry weather forecasts for both Canada and […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 4 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Friday morning, claiming back some of yesterday’s losses. There was spillover from strong gains in the Chicago soy complex, while Malaysian palm oil was down a little and European rapeseed was mixed. The Prairies will get another strong […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 3 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, pressured by speculative profit-taking as a downturn in Chicago Board of Trade soyoil futures weighed on values. Soyoil had climbed to its highest levels in 10 years at one point, but ran into resistance and settled with […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 3 (MarketsFarm) – The ICE Futures canola market was weaker at midday Thursday, retreating from earlier gains as a downturn in Chicago Board of Trade soyoil weighed on prices. Speculative profit-taking accounted for much of the selling pressure, according to a trader, with the reversal in soyoil a bearish […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were on the upswing Thursday morning for new crop contracts. Meanwhile old crop July was lower. Canola was gleaning support from more gains in the Chicago soy complex, along with increases in European rapeseed and Malaysian palm oil. The hot, dry […] Read more

WINNIPEG – The ICE Futures canola market was stronger on Wednesday, as ongoing Prairie weather concerns provided support. Environment Canada has issued heat warnings across nearly all of Western Canada, with little moisture in the forecasts to alleviate the high temperatures. Gains in Chicago Board of Trade soyoil futures were also supportive for canola, with […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, as hot and dry weather forecasts provided support. Environment Canada has issued a heat wave warning for much of the Canadian Prairies, with daytime temperatures above 30 Celsius expected over the next week. With little rain […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Wednesday morning, building on yesterday’s spike in prices. Hot, dry weather is forecast to continue for the rest of the week across the Prairies. Canola was getting support from sharp gains in Chicago soyoil, as well as increases […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The ICE Futures canola market was up sharply on Tuesday, boosted by weather concerns and spillover from the Chicago Board of Trade soy market. Environment Canada has issued a heat wave alert for much of the Canadian Prairies, with daytime temperatures above 30 Celsius expected over […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, as hot and dry weather forecasts provided support. Environment Canada has issued a heat wave warning for much of the Canadian Prairies, with daytime temperatures above 30 Celsius expected over the next week. With little rain […] Read more