Futures

By Glen Hallick, MarketsFarm WINNIPEG, June 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were significantly higher on Tuesday morning, due to strong gains in the Chicago soy complex. The United States markets resumed trading overnight following Memorial Day, with notable upticks in corn and wheat as well. There were also gains in European rapeseed, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The ICE Futures canola market was steady to higher at Monday’s close after posting losses for most of the session. Activity was thin and choppy, with many participants keeping to the sidelines as markets in the United States were closed for Memorial Day. While recent rains […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The ICE Futures canola market was weaker at midday Monday in very quiet activity, with many participants keeping to the sidelines as markets in the United States were closed for Memorial Day. Relatively favourable crop weather across the U.S. Midwest accounted for some of the selling […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Monday morning, Trading volume was very light as the markets in the United States are closed for the Memorial Day holiday. The U.S. markets reopen this evening at 7 pm Central. Meanwhile, declines in European rapeseed and Malaysian […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Friday, after prices swung to either side of unchanged. Part of that vacillation was due to positioning ahead of the United States markets being closed on Monday for Memorial Day, leaving canola largely on its own. A trader […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Friday in what has been a choppy session so far. Prices for old and new crop have fluctuated on both sides of unchanged. A Winnipeg-based trader chalked up today’s back and forth movements to a lack of […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 28 (MarketsFarm) – The ICE Futures canola market was mostly weaker Friday morning, taking some direction from the Chicago Board of Trade soy complex. Easing dryness concerns across Western Canada were also bearish, although the forecasts are turning drier and more moisture will be needed through the growing season. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger on Thursday, bouncing back after a several days of declines in which canola became oversold. The old crop July contract peaked at its daily limit of C$30 per tonne before it settled back a little. Overnight frosts threatening Prairie […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were bouncing back at midday Wednesday after a number of days of losses. The rise in prices saw July reach the daily limit of C$30 per tonne earlier in the session. “There’s nothing more bullish than an oversold bull,” a Winnipeg-based […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 27 (MarketsFarm) – The ICE Futures canola market was stronger Thursday morning, seeing a recovery after posting losses for most of the previous week as the underlying fundamentals of tight old crop supplies and solid end user demand remain supportive. Overnight temperatures dipped below freezing in parts of Manitoba […] Read more